CUDA, the Credit Union Development Association, was legally incorporated in 2003. In its early days it was the representative voice, on behalf of its owner member credit unions, with legislators and regulators. It has since evolved and now, as well as providing a ‘voice’, it is increasingly providing support facilities in the areas of regulatory compliance, risk management, shared services and competency development.
CUDA is a credit union owned network that enables member credit unions to engage in beneficial activities which would not have proved possible to do as single stand-alone entities. We manage the diverse interests of the members within the network to the mutual benefit of the network. In acting as a catalyst for the growth and development of credit unions, CUDA now makes many of its support services available to all credit unions [see CUDA Membership for more details].