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News Now

CU System
Texas CUs OK league dues schedule restated bylaws
AUSTIN, Texas (4/20/09)--Delegates at the Texas Credit Union League's (TCUL) 75th Annual Membership Meeting Thursday voted in favor of the 2010 league dues schedule and in favor of adopting the league's restated bylaws. They also gave the league board authority to adopt a balanced or a deficit budget (LoneStar Leaguer April 17). Board Secretary/treasurer Jim Minge reported the consolidated 2008 financials reflect a net gain of about $322,000, which, he said, was significant given the punches the economy has taken the past year. He noted the consolidated TCUL, including Credit Union Resources Inc., met the annual budget for 2008 and continued to provide quality services and products. TCUL President/CEO Dick Ensweiler outlined a three-phase plan to reduce expenses while not compromising the integrity of the organization. "Fiscal responsibility has never been more critical than it is today," he told attendees. "With consistent and cautious navigation, we have and will continue to fill our mission to protect credit unions, and promote your growth, unity and strength."


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