By William J. Mellin, President/CEO
Merry Christmas and happy holidays on behalf of the New York Credit Union Association!
I know we all had hoped the pandemic would be in the rear-view mirror by now, but 2021 brought more twists and turns and challenges than any of us could have anticipated. But once again, the New York credit union movement rose to the occasion and proved why credit unions remain such a trusted, valued and needed financial partner for their members and communities.
I continue to be humbled by the level of service, support and innovation that credit unions have displayed through the course of this pandemic. And the Association is proud to offer whatever assistance we can to support our credit union partners.
Those efforts, particularly in the advocacy space, were on full display this year. In just the past 12 months, the Association oversaw the passage of TWO priority pieces of legislation — the Excelsior Linked Deposit Program bill and Remote Electronic Notarization — both which were signed into law. We also worked diligently with our partners at the federal level to nix the IRS reporting provision, which would have had serious privacy and compliance ramifications.
In other words, despite the challenges, there is plenty to celebrate as we close out the year. And, so long as the credit union movement continues to remain united, we have plenty to look forward to in the year ahead.
As we move forward together, the Association will continue to be here for your credit union. If we can be of any assistance at all — whether it’s pandemic-related, advocacy, compliance assistance, operational support, professional development, or something else entirely — the Association is dedicated and committed to the success of your credit union, and the greater New York credit union community.
Wishing you, your family and loved ones all the best this holiday season.