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Nussle taps Demangone, Tomalin to co-lead Transformation Steering Group
Jim Nussle, president and CEO of CUNA who has been selected to lead America’s Credit Unions should CUNA and NAFCU members approve the merger, penned a letter Thursday detailing how the associations are preparing for the future.
NAFCU President and CEO Dan Berger shared the letter with NAFCU member credit unions, highlighting three key items from Nussle’s message:
- the formation of a Transformation Steering Group spearheaded by NAFCU COO Anthony Demangone and CUNA COO Jill Tomalin to merge the best of both organizations. In Nussle’s letter, he highlighted “that decisions are being made with input from all stakeholders, including members and employees of both organizations”;
- credit unions’ input matters and is invaluable in shaping one strong, united national association. Credit unions can share thoughts at nafcu.org/merger; and
- members’ votes count as CUNA and NAFCU embark on this transformative path, and credit unions’ affirmative vote will be a cornerstone. Voting begins later this month and will be open for 60 days.
Berger also reiterated his support for Nussle’s leadership of America’s Credit Unions, touting the “possibilities it brings for the credit union industry.”
Additional details on the proposed merger, including Q&As, the Transition Board of Directors, and more can be found online. CUNA and NAFCU are committed to transparency and accountability throughout the merger process and will continue to keep members and other stakeholders informed with regular updates as it progresses.