The NAFCU Journal May-June 2020 - 6

WASHINGTON AND INDUSTRY BRIEFS

Five Years of Growth
NAFCU reflects on the five-year anniversary of expanding its membership to
federally-insured, state-chartered credit unions.

F

ive years ago, NAFCU opened
its membership up to federallyinsured, state-chartered credit
unions for the first time. The
announcement at the association's 48th
Annual Conference and Solutions Expo
marked a historic move to advocate on
behalf of even more credit unions and
a decision that would go on to further
strengthen the association's impact
across the industry.
The announcement, made in Montréal by
NAFCU President and CEO Dan Berger,

was welcomed with excitement and
became effective immediately:
"I am honored to share this exciting
news, which marks a new day for our
association. The NAFCU board made
this unanimous decision because our
industry is rapidly evolving, and in a
changing marketplace, credit unions
are seeking more from their advocacy organizations. We've heard that
message and are ready to rise to the
challenge," Berger told attendees at the
2015 conference.

At the time of the announcement,
NAFCU had provided advocacy, compliance and education assistance for federal
credit unions for nearly half a century.
Over that time, it was clear that credit
unions, regardless of their charter, wanted
an aggressive advocate and a direct connection to those who represented them.

What Change Looks Like

NAFCU stayed committed to its
mission, but business ramped up;
NAFCU's award-winning advocacy
team doubled down on providing
extreme member service to new and old
members alike. A year later, following
the decision to grant all federallyinsured, state-chartered members full
voting rights and the ability to run
for and serve on the NAFCU board
of directors, NAFCU's name received
a slight update despite no change in
logo, branding or even the recognizable
'NAFCU' acronym.

These decisions continued to reinforce
NAFCU's focus on credit union issues
at the federal level. (Continued on p. 8)

6

THE NAFCU JOURNAL  MAY-JUNE 2020



The NAFCU Journal May-June 2020

Table of Contents for the Digital Edition of The NAFCU Journal May-June 2020

The NAFCU Journal May-June 2020 - Cover1
The NAFCU Journal May-June 2020 - Cover2
The NAFCU Journal May-June 2020 - 1
The NAFCU Journal May-June 2020 - 2
The NAFCU Journal May-June 2020 - 3
The NAFCU Journal May-June 2020 - 4
The NAFCU Journal May-June 2020 - 5
The NAFCU Journal May-June 2020 - 6
The NAFCU Journal May-June 2020 - 7
The NAFCU Journal May-June 2020 - 8
The NAFCU Journal May-June 2020 - 9
The NAFCU Journal May-June 2020 - 10
The NAFCU Journal May-June 2020 - 11
The NAFCU Journal May-June 2020 - 12
The NAFCU Journal May-June 2020 - 13
The NAFCU Journal May-June 2020 - 14
The NAFCU Journal May-June 2020 - 15
The NAFCU Journal May-June 2020 - 16
The NAFCU Journal May-June 2020 - 17
The NAFCU Journal May-June 2020 - 18
The NAFCU Journal May-June 2020 - 19
The NAFCU Journal May-June 2020 - 20
The NAFCU Journal May-June 2020 - 21
The NAFCU Journal May-June 2020 - 22
The NAFCU Journal May-June 2020 - 23
The NAFCU Journal May-June 2020 - 24
The NAFCU Journal May-June 2020 - 25
The NAFCU Journal May-June 2020 - 26
The NAFCU Journal May-June 2020 - 27
The NAFCU Journal May-June 2020 - 28
The NAFCU Journal May-June 2020 - 29
The NAFCU Journal May-June 2020 - 30
The NAFCU Journal May-June 2020 - 31
The NAFCU Journal May-June 2020 - 32
The NAFCU Journal May-June 2020 - 33
The NAFCU Journal May-June 2020 - 34
The NAFCU Journal May-June 2020 - 35
The NAFCU Journal May-June 2020 - 36
The NAFCU Journal May-June 2020 - 37
The NAFCU Journal May-June 2020 - 38
The NAFCU Journal May-June 2020 - 39
The NAFCU Journal May-June 2020 - 40
The NAFCU Journal May-June 2020 - 41
The NAFCU Journal May-June 2020 - 42
The NAFCU Journal May-June 2020 - 43
The NAFCU Journal May-June 2020 - 44
The NAFCU Journal May-June 2020 - Cover3
The NAFCU Journal May-June 2020 - Cover4
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