CUNA’s board of directors took important steps toward modernizing CUNA’s operations and bringing about a more open and inclusive membership structure to best meet the needs of credit unions, CUNA President/CEO Jim Nussle reported to membership Thursday.

New market forces and increasing expectations of CUNA membership demand more direct accountability between credit unions and CUNA. Interdependence stands for a united system that is the best advocate for credit unions, not a mandated linked membership.

To that end, the board has tasked the CUNA staff with presenting the Corporate Governance Committee with draft bylaws that reflect the pillars approved by the board. The CUNA board will review the bylaws before putting them to membership for a vote.

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