While the credit union industry largely escaped the meltdown that has struck the wider financial services world, the Credit Union National Association and its members are still feeling the pinch of a tough economy. Membership dues, which fund advocacy, communications and operations, have remained steady, but the meetings and services components of CUNA have slowed, forcing the organization to lay off staff and reduce benefits. But against the backdrop of the banking sector’s troubles, Dan Mica, president and CEO of CUNA, describes his members as the guys in the white hats. His members did not engage in shaky financial products, such as sub prime mortgages, that led to the… Read More