The Cornerstone Credit Union League said in a prepared statement Monday that it supports the controversial league/CUNA dual membership.

On Sept. 18, CUNA’s board of directors announced it voted to maintain the current dual membership requirement despite a final recommendation from the CUNA System Structure and Governance Task Force to offer credit unions membership choice in CUNA and/or a league.

“The board believes the most effective advocacy model for credit unions is one in which credit unions are members of both their league and CUNA,” the board stated in a news release. “As a result, the board took action to preserve the current membership structure.”

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