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CU System
PCUA cuts annual meeting registration fees 50
HARRISBURG, Pa. (2/12/09)--The Pennsylvania Credit Union Association announced Tuesday that it cut its 75th Annual Meeting and Convention registration fees by 50% in recognition of the challenging economy and impact of the National Credit Union Administration’s corporate stabilization actions on credit unions. The registration fee for credit unions over $20 million in assets will be $175, down from $350; for those with assets under $20 million it is now $100, down from $200. Credit unions receive an early-bird discount if they register by March 27. Ticketed events will remain at original prices. “As credit union CEOs, the association board members recognize that credit union budgets are tight,” said Association Chair Diana Roberts, president/CEO of Hershey (Pa.) FCU. “However, now more than ever, credit unions need to make the most of our cooperative spirit and collaborative strength through our trade association on behalf of the movement. “It is my hope that by reducing the registration fees, credit union leaders will attend the association’s annual convention to gain knowledge and exchange ideas toward enhancing their credit unions,” she added. The association’s Annual Meeting and Convention will be May 14-16 in Hershey, Pa. Keynoting the convention will be personal finance expert and author Jane Bryant Quinn. During the business session, the association will unveil the results of the board of directors’ strategic plan. Education breakout sessions include an economic update, state credit union forum, and sessions on fraud prevention, risk management, and student lending. Association president/CEO Jim McCormack applauded the fee-reduction decision. “Our country and credit unions are facing unprecedented times not seen since the Great Depression,” he said. “As we join to celebrate 75 years of serving members in Pennsylvania, I’m confident that credit unions will grow stronger and more relevant during these trying times.” McCormack added: “As the new Obama administration, Congress, and [Pennsylvania] Gov. Edward G. Rendell all look for solutions to budget deficits and regulatory changes, credit unions need a strong trade association to protect and preserve the rights of credit unions. Collectively, credit unions have strength in numbers and must continue to tell the credit union story.”


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