The New York Credit Union Association’s board of directors recently held our final board meeting of 2018. This was a productive and timely meeting in which the board and the Association’s leadership discussed the organization’s successes and challenges this year. We also explored expectations for 2019 and beyond.
The meeting included financial and organizational updates on the Association, OwnersChoice Funding, UsNet and the New York Credit Union Foundation. All of these entities are in good financial standing and well-prepared for future success.
Significantly, the board also reviewed and approved the Association’s 2019 budget and business plan. I’m confident that the Association will remain on its sound fiscal path while continuing to provide exceptional service to the New York credit union community.
Additionally, the board approved the Association’s 2019 state legislative agenda. The new agenda is a slight departure from previous years. It is slimmed down, and instead focuses on a handful of important legislative items we believe we can advance with the new makeup of the Legislature. We will be releasing a final copy of the agenda—which was initially put forth by the Association’s Governmental Affairs Committee—in the days ahead.
It’s also worth mentioning that four seats on the board will expire next year. On Feb. 15, 2019, the Association will begin accepting nominations for one seat in the asset category of over $100 million; two seats in the category of $25 million-$100 million; and one seat in the category of less than $25 million. More details will be provided as we get closer to the elections.
The board is certainly excited about the future of the Association, its Affiliates and the New York credit union movement. We have a lot to be excited about as an industry, and I hope you share in that enthusiasm with us.
On that note, I wish you a very happy holiday season and a wonderful, successful new year.
Chairwoman, New York Credit Union Association
CEO/Treasurer, Western New York FCU