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News Now

CU System
Larger CUs can sponsor smaller CUs for GAC
WASHINGTON and MADISON, Wis. (11/26/07)--Larger credit unions can donate funds in a new sponsorship program so smaller credit unions can attend the Credit Union National Association's (CUNA) CUNA 2008 Governmental Affairs Conference (GAC). The GAC will be held March 2-6, 2008 in Washington, D.C. CUNA is offering the program in response to large credit unions' recognition that it is critical to educate legislators about the credit union uniqueness and to demonstrate credit union strength in numbers. The program, designed to help credit unions with assets of $35 million or less, does not replace GAC scholarship efforts made by state leagues or the National Credit Union Foundation. Any amount can be donated. The average cost of airfare, four nights' lodging and the registration fee for a small credit union is $2,000. Donations are due Jan. 4. For more information about the program, use the "Sponsor a Credit Union" resource link. Small credit unions can apply for financial assistance by using the resource link for "Financial Assistance Application." Applications for assistance are due Jan. 4.


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