CUNA’s President Dan Mica just announced to his board, and in a press release, his plan to retire as head of the largest credit union trade association in early January 2011. He’s been at the helm of CUNA since 1996. Chief Operating Officer Rich McBride will be stepping down at the same time. The two have been close associates for many years. Mica has been the longest serving chief executive in CUNA’s history.
Mica was a five-term member of Congress, representing his home state of Florida from 1979 to 1989 in the U.S. House of Representatives as a Democrat. While subsequently serving at CUNA, he’s credited with raising the visibility and presence of credit unions in Washington, building a powerful grassroots lobbying structure for credit unions before the Congress, and developing new and innovative products to help credit unions serve their members. Major milestones under his guidance include:
- The two-year fight to enact H.R. 1151, the Credit Union Membership Access Act of 1998, without which millions of credit union members would have been disenfranchised, and the movement’s ability to grow and thrive severely curtailed.
- Ensured proposals from the Bush and Obama administrations to preserve an independent CU regulator and system.
- Maintaining the tax-exempt status of credit unions, especially during then-House Ways & Means Committee Chairman Bill Thomas’s 2005 hearings on credit unions, which put the CU tax exemption under scrutiny.
- Won an eight-year battle for bankruptcy abuse reform legislation.
- Secured legislation mitigating the costs to CUs of stabilizing the corporate system.
- Spearheaded a successful challenge to the IRS over UBIT.
- Garnered unprecedented positive national press attention for credit unions.
- Created the Credit Union System National Disaster Preparedness Plan
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