Friday, May 29, 2015

CUNA's "New Plan"... High and Dry?


If you haven't gotten the official word yet, CUNA
Mutual has evidently cast its official "nyet" vote on CUNA and the leagues to the tune of around $18 million in reduced annual support for "The System".  That can only mean higher trade association costs for the declining number of remaining credit unions - an increasingly costly game of fiscal "musical chairs"!  

Apparently CUNA Mutual is not "overly impressed" with the "value proposition" offered  by the current, "no choices plan" CUNA - with the promise of more cuts to come if CUNA and the Leagues "don't air their laundry" and "clean up their act".

So, add one more party to a growing list of folks who have drawn the line and are threatening to.... 


... hang 'em out to dry!

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