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Community Credit Union Initiative

Community credit unions represent 25% of all credit unions in America, and hold 24%, or roughly $300 billion in total assets. The past decade saw a huge rise in community credit union charters. It’s important to note that many multiple SEG credit unions have similar operational challenges and opportunities as community credit unions. The CUNA Community Credit Union Committee was formed in 2006 to provide support for this growing group of credit unions.

CUNA’s Community Credit Union Committee Purpose
To support and service community credit unions and credit unions considering a community charter through: representation of community credit unions’ unique legal, legislative, and regulatory needs; and education, resources, and information.

According to a recent survey of community-chartered credit unions, the four issues considered to be most important to them are:

  • Increasing membership
  • Controlling operating costs
  • Increasing loan volume
  • Expanding the credit unions physical (brick & mortar) presence

To help address these challenges, the committee has released the following six white papers:

CUNA Resources

CUNA provides a variety of products and services for Community Credit Unions. Check out these options to help you serve and grow your membership.

CUNA’s Community Credit Union Committee Members (2014-2015)
Chair: Roger Heacock, Black Hills FCU (SD)
Vice Chair: Carrie Birkhofer, Bay FCU (CA)

Members:
Ray Brunner, WEST-AIRCOMM Federal Credit Union (PA)
Susan Commanda, Hudson River Community Credit Union (NY)
Mario Garcia, Dade County Federal Credit Union (FL)
John Holt, Nutmeg State Federal Credit Union (CT)
Jim Holt, MidAmerican Credit Union (KS)
Bonnie Humphrey-Anderson, OSU Federal Credit Union (OR)
Angela McCathran, Peoples Trust Federal Credit Union (TX)
Lucia Moreno-Linares, Family Federal Credit Union (CA)
Doug Olson, Royal Credit Union (WI)
Tammy Passafiume, River Valley Community Federal Credit Union (AR)
Rick Wieczorek, Mid-Atlantic Federal Credit Union (MD)

For more information on CUNA’s Community Credit Union Committee, contact Todd Spiczenski, SVP Center for Professional Development – tspiczenski@cuna.com or 800-356-9655, ext. 4179.

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