This week, the Mountain West Credit Union Association sent a letter to NCUA Chairman Rodney Hood, written on behalf of the credit unions we serve expressing our appreciation for the work of the NCUA to bring about regulatory relief during this current crisis. The letter also included the Association’s recommendations for additional regulatory relief needed by credit unions and their members. The full letter can be accessed here.
In addition to expressing the priorities and concerns of our members, MWCUA reiterated the desire to assist in any way possible. Throughout the Coronavirus crisis, MWCUA has been actively engaged with the NCUA. For example, Board Member Todd Harper addressed MWCUA membership during the Association’s virtual annual meeting on April 23 providing details on how credit unions can weather the storm. NCUA Regional Director Cherie Freed also joined a separate MWCUA CEO Roundtable discussion updating the group on the agency’s priorities during the crisis.
About the Mountain West Credit Union Association
The Mountain West Credit Union Association is the regional tri-state trade association representing 123 member credit unions, 3.8 million credit union members and $51 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 the interests of member credit unions through advocacy, community outreach, education and training, public affairs, regulatory and compliance services and strategic partnerships. The Mountain West Credit Union Association is affiliated with Credit Union National Association (CUNA), World Council of Credit Unions (WOCCU) and CUNA Mutual Group. Follow us on twitter at twitter.com/mwcua or on Facebook at facebook.com/mwcua. To learn more visit mwcua.com.