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News Now

Washington
Co-ops CUNA hosted at White House
WASHINGTON (5/4/12)--Credit Union National Association (CUNA) representatives will be among the 150 cooperative leaders, representing every cooperative sector across the country, meeting today with White House policymakers to discuss how co-ops are aiding the ongoing economic recovery, creating new jobs, and investing in their communities.

CUNA Co-op Alliances Committee Chairman and Minnesota Credit Union Network President/CEO Mark Cummins, Vice Chairwoman and Hershey FCU President/CEO Diana Roberts, committee member and Alternatives FCU CEO Tristram Coffin, and National Cooperative Business Association (NCBA) board member and Association of Vermont Credit Unions CEO Joseph Bergeron are also scheduled to attend the meeting, as are representatives from Jackson, Miss.'s Hope FCU.

The event is slated to start with a briefing from Obama administration staff, and attendees will also discuss financial cooperative issues, job creation, business development, and agriculture programs in separate breakout sessions with members of the administration.

"Every day cooperatives around the U.S. are stimulating the economy and we are pleased to have the opportunity to discuss our successes in job creation and ways to use the cooperative model to continue to strengthen communities large and small," Liz Bailey, NCBA interim president/CEO, said in a release. "Two million jobs are generated each year as a direct result of cooperatives, which illustrates the incredible impact that these organizations have on local economies," she added.

The White House event is one of many ways the NCBA is observing 2012's International Year of Cooperatives. This year has been named the International Year of Cooperatives by the United Nations and the U.S. Senate. The theme for the year is "Cooperative Enterprises Build a Better World," and CUNA has pledged to "lead efforts to engage the credit union community in the promotion of International Year of Cooperative activities."

For the full NCBA release, use the resource link.
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