|Three State Foundation Merger|
|Tuesday, 15 May 2012 13:45|
(Denver, Phoenix, Casper) May 15, 2012 Recently at Mountain West Credit Union Association’s First Annual Meeting and Convention held at the Broadmoor Hotel in Colorado Springs, Colorado on May 9-12, 2012, the Board of Directors from the Arizona, Colorado, and Wyoming Foundations approved a proposed merger of the three state foundations. The Board of Directors of the newly formed Mountain West Credit Union Foundation will include individuals representing each state:
This merger has produced the first tri-state credit union foundation in the U.S. John Uchida, Foundation Chairman said, “This unique and exciting merger will provide credit unions in the three states a way to build ongoing professional development, enhance financial education initiatives, help shape and train the next generation of credit union leaders, and ensure continued services to the underserved in our communities.”
Chairman Uchida also indicated that the new Board will meet within the next 30 days to develop policies, design a capital retention strategy, and set a date for the first board planning session.
About the Mountain West Credit Union Association
The Mountain West Credit Union Association is the regional tri-state trade association representing 154 member credit unions, 3.2 million credit union members and $29 billion in assets throughout Arizona, Colorado, and Wyoming. Not-for-profit in nature, credit unions provide low cost financial services to their members. Founded in 2011, the Mountain West Credit Union Association serves and supports member credit unions through advocacy, communications, community outreach, education & training, operations, public affairs and regulatory & compliance services. The Mountain West Credit Union Association is affiliated with Credit Union National Association (CUNA), World Council of Credit Unions (WOCCU), and CUNA Mutual Group.