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Michigan Credit Union League Home » Information Services » Publications » Contact » 2007 » 4th Quarter  

Michigan Credit Unions are a Diverse Group in Terms of Size, Products, Services and Membership. But All Share a nEed for the Resources Provided by the MCUL and Benefit from a Strong Credit Union System — Proof of the "Power of Association"

Credit union needs in the 21st Century are as varied as credit unions themselves. At any given time, there are credit unions contemplating a charter expansion or a name change and seeking direction on how best to proceed; credit unions seeking timely and accurate information and analysis on legislative, regulatory and legal developments and trends; credit unions needing technical or customized training for their management, employees and volunteers.

There are credit unions in need of assistance with regulatory compliance issues or an upcoming regulatory exam, or credit unions navigating through the maze of new technologies and regulations in upgrading their Web sites. Other credit unions are dealing with a negative news story and how best to deal with the media’s gaze and diffuse a potential crisis. And many a Michigan credit union, hurt by the state’s under-performing economy or the loss of a key sponsor or Select Employee Group, is seeking added expertise in operations, budgeting, asset/liability management and strategic planning.

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