The NAFCU Journal November-December 2019 - 48

FROM THE PRESIDENT'S DESK

Reflecting on Growth to
Prepare for the Year Ahead
By B. Dan Berger, NAFCU president and CEO 

T

his has been a great year for
credit unions, a great year for
NAFCU, and a great year for
the 118 million Americans
who have put their trust in you.  

With constant presence on Capitol Hill,
our award-winning advocacy team's efforts
in 2019 have led to progress for the industry. Pushing back against bankers' attacks
on the NCUA's field-of-membership rule
and educating regulators on how CECL
could negatively impact the industry are
just two of the wins I think about when
reflecting on the last 12 months. But as
we head into the new year, we cannot rest.
We must continue a relentless approach
to advocacy, pushing boundaries and
striving for excellence - all while
growing stronger in the process. 
NAFCU does what it does because of you.
And we want you to be just as engaged
with us in 2020 as you were in 2019. 

48

Your support of NAFCU has made us the
force we are today - growing our membership 37 percent, assets 41 percent, and
revenue 31 percent in just six short years.
This growth is also thanks to the work of
our board of directors, who have taken
bold and focused policy positions based
upon direct member feedback.  
More importantly, our growth speaks to
the widespread trust credit unions have
placed in NAFCU to offer them the most
innovative and bold federal advocacy
agenda, responsive compliance assistance, and forward-looking education
and training programs.  
Why are we so committed to the industry? Because to us, it's personal. 
As your Washington watchdog, our
advocacy team aggressively executes a
bold policy agenda. Our staff walks the
halls of Congress daily, stays in constant
communication with top regulators at
the NCUA and CFPB, and meets regularly with administration officials. And
while doing so, they fully explain the
financial benefits credit unions provide
to 118 million consumers and local
communities across the country. 

of lawsuits targeting credit unions
under the Americans with Disabilities
Act (ADA). Never hesitating in the face
of a challenge, we do the hard work
so that your team can come to us for
guidance on issues such as the Financial
Accounting Standards Board's CECL
standard, the Bank Secrecy Act and
adverse action notices, among other
compliance concerns.  
And to help develop the next generation
of credit union leaders, NAFCU provides top-rated training and educational
services to arm your employees with
the tools needed to help your institution
reach its next phase of growth.  
NAFCU will continue to stand with you
because we recognize that one of the
best ways to provide for your members is
through a strong, robust understanding
of today's regulatory environment. This
helps your credit union deliver needed
financial services to your members at
an affordable price. Our award-winning
staff is here, waiting for your call. 
We are proud to work on behalf of the
credit union industry, and we relish
the opportunity to offer credit unions
innovative, forward-looking solutions to
prepare for tomorrow's challenges. 

Additionally, our compliance team is
always there to answer the call. In 2019,
our compliance team was ready to assist
every NAFCU member, responding to
more than 30 calls each business day.  

Thank you for growing with us. We
look forward to serving you well into
the future. 

Striving to stay ahead of the curve,
NAFCU was the first to defend the
industry when it faced a barrage

Connect with Dan Berger on Twitter
@BDanBerger and on his blog at
www.nafcu.org/berger-leadership-blog.
THE NAFCU JOURNAL  NOVEMBER-DECEMBER 2019


http://www.nafcu.org/berger-leadership-blog

The NAFCU Journal November-December 2019

Table of Contents for the Digital Edition of The NAFCU Journal November-December 2019

The NAFCU Journal November-December 2019
Contents
Conferences
From the Chair
Washington and Industry Briefs
The Bottom Line
Welcome, New Members
Leading the Charge
Test for Success
Test for Success
Executive Spotlight
Management Insight
Compliance Central
Inside NAFCU Services
From the President’s Desk
The NAFCU Journal November-December 2019 - The NAFCU Journal November-December 2019
The NAFCU Journal November-December 2019 - Cover2
The NAFCU Journal November-December 2019 - Contents
The NAFCU Journal November-December 2019 - 2
The NAFCU Journal November-December 2019 - Conferences
The NAFCU Journal November-December 2019 - From the Chair
The NAFCU Journal November-December 2019 - 5
The NAFCU Journal November-December 2019 - Washington and Industry Briefs
The NAFCU Journal November-December 2019 - 7
The NAFCU Journal November-December 2019 - The Bottom Line
The NAFCU Journal November-December 2019 - 9
The NAFCU Journal November-December 2019 - 10
The NAFCU Journal November-December 2019 - 11
The NAFCU Journal November-December 2019 - 12
The NAFCU Journal November-December 2019 - Welcome, New Members
The NAFCU Journal November-December 2019 - 14
The NAFCU Journal November-December 2019 - 15
The NAFCU Journal November-December 2019 - 16
The NAFCU Journal November-December 2019 - 17
The NAFCU Journal November-December 2019 - Leading the Charge
The NAFCU Journal November-December 2019 - 19
The NAFCU Journal November-December 2019 - 20
The NAFCU Journal November-December 2019 - 21
The NAFCU Journal November-December 2019 - 22
The NAFCU Journal November-December 2019 - 23
The NAFCU Journal November-December 2019 - 24
The NAFCU Journal November-December 2019 - 25
The NAFCU Journal November-December 2019 - Test for Success
The NAFCU Journal November-December 2019 - 27
The NAFCU Journal November-December 2019 - 28
The NAFCU Journal November-December 2019 - 29
The NAFCU Journal November-December 2019 - 30
The NAFCU Journal November-December 2019 - 31
The NAFCU Journal November-December 2019 - Test for Success
The NAFCU Journal November-December 2019 - 33
The NAFCU Journal November-December 2019 - 34
The NAFCU Journal November-December 2019 - 35
The NAFCU Journal November-December 2019 - 36
The NAFCU Journal November-December 2019 - 37
The NAFCU Journal November-December 2019 - 38
The NAFCU Journal November-December 2019 - 39
The NAFCU Journal November-December 2019 - Executive Spotlight
The NAFCU Journal November-December 2019 - 41
The NAFCU Journal November-December 2019 - Management Insight
The NAFCU Journal November-December 2019 - 43
The NAFCU Journal November-December 2019 - Compliance Central
The NAFCU Journal November-December 2019 - 45
The NAFCU Journal November-December 2019 - Inside NAFCU Services
The NAFCU Journal November-December 2019 - 47
The NAFCU Journal November-December 2019 - From the President’s Desk
The NAFCU Journal November-December 2019 - Cover3
The NAFCU Journal November-December 2019 - Cover4
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