Chartway is pleased to announce its president & CEO, Brian Schools, will chair the transition board of directors of America’s Credit Unions. Earlier this year, the National Association of Federally Insured Credit Unions (NAFCU) and the Credit Union National Association (CUNA) announced the intent for the two associations to merge and become America’s Credit Unions. The merger became official after a 60-day member voting period that culminated on Nov. 1. The merger is a strategic move designed to strengthen and advance the credit union industry. Schools role as chair becomes official Jan. 1, 2024.
"The ability to look broader than yourself and be future-focused while applying the belief that you can make the world a better place through your efforts is a strong sentiment within the credit union industry,” said Schools. “The credit union movement has provided the perfect opportunity to live out my passions of volunteerism, philanthropy, and empowerment. That’s why it was important to me to volunteer to serve as vice chairman on the NAFCU board of directors and why I accepted the call to serve as chair of America’s Credit Unions transition board of directors.”
The 16-member board includes board members from both NAFCU and CUNA, including members of each board’s executive committee. After its three-year transition term, board members will be elected annually by the member credit unions.
By combining the best of NAFCU and CUNA into a single, powerful entity, America’s Credit Unions will service its credit union members with a stronger, united voice in advocacy. The long-term strategic goal is to operate more efficiently and effectively, optimizing the strengths of both NAFCU and CUNA more efficiently and effectively by aligning products, services, and events.
Since 1959, Chartway has been unlocking the potential of individuals and families so they can thrive. Member-owned and values-driven, our $2.8 billion credit union proudly serves more than 200,000 members with branches in Utah, Texas, and Virginia. We’ve been recognized by Forbes as one of America’s Best-In-State Credit Unions, included on American Banker’s Top Credit Union to Work For list, and received numerous other top workplace and best credit union accolades. Reflecting a bright way forward, our charitable arm – the Chartway Promise Foundation – has raised nearly $15 million to provide medically fragile children and their families memorable experiences that bring joy, hope, and smiles. For information on our vibrant organization, please visit www.Chartway.com and follow us on Facebook, Twitter, and Instagram.
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