America's Credit Unions' Small Credit Union Committee Resources

America's Credit Unions' Small Credit Union Committee was formed in 1999 as a result of a task force recommendation that argued for the need for a committee that would track the issues affecting smaller credit unions, and ensure the perspective of smaller credit unions is represented in efforts to inform and shape policy around the credit union landscape. Recognizing that factors other than size may determine the characterization of a "small" credit union, the committee uses $100 million in assets as a rough definition of 'smaller credit union.' 

Mission Statement:

The success of smaller credit unions is vital to the future of the credit union movement. The committee will be comprised chiefly of officials from smaller credit unions and will track issues affecting small credit unions. The committee will also promote unity between credit unions of all sizes and strive to defend against any and all threats to their cooperative, not-for-profit, democratic structure.

Goals:

1. To play an active role in advocating for small credit unions at the federal level;
2. To create a resource to help small credit unions change their mindsets and begin planning for future relevance;
3. To build stronger relationships with our League partners; and
4. To provide guidance to CUNA Strategic Services, which is working to bring to life a recommendation by the Committee to create buyers groups of small credit unions that would allow them to access critical services from business partners at reduced costs.

CCUA is proud to have our small credit unions represented by Ron Draper, President/CEO of Somerville Municipal Federal Credit Union. If you have any questions about the committee’s work, please don’t hesitate to contact us.