Credit Union National Association CEO Jim Nussle announced Wednesday that his organization would soon cut member dues, although he didn't say by how much.

Nussle recently wrapped up his first year as head of the $56-million association. In a newsletter to members, the CEO announced the organization would reduce dues next year, but didn't provide any details about what those cuts might look like. However, he noted CUNA has already taken steps to streamline its operations budget. The association trimmed $1.4 million in 2015, he said.

"The reduction recognizes the need to continue to make CUNA leaner and more agile and to calculate dues in a way that that celebrates and rewards credit union success and asset growth," he said.

Nussle also said he is proposing creating to non-voting membership classes at CUNA. One would be for professionals and volunteers while the other would be for system partners and vendors. Both are to "encourage greater individual advocacy at all levels" of CUNA and its partner state and regional leagues.

Nussle's comments came a few days after CUNA's board of directors rejected changes suggested by a task force assigned to come up with a plan to revamp the association's governance and structure. Among the proposals rejected: Separating CUNA membership from regional league membership and reducing the number of board directors from 24 to 15. http://bit.ly/1NOPaGi

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