2020: Powering through new challenges

by NAFCU

The past year has seen unprecedented challenges within the industry; NAFCU is dedicated to helping your credit union successfully power through them and grow. Even with just a quick skim of our 2020 accomplishments for credit unions, you’ll see the incredible value you can expect from our top-rated advocacy, training opportunities and compliance assistance.

Just a few 2020 highlights:

  • Credit union membership grew to over 121 million members, while NAFCU’s membership has grown to represent over 54% of federally-insured credit unions’ assets.
  • Numerous advocacy wins, including SBA PPP funding, the introduction of legislation to eliminate CECL, and thwarting big banker attacks.
  • Connecting more than 13,000 credit union professionals online within NAFCU Networks, so you can help each other, and our entire industry, grow. 
  • Answering over 9,000 credit union questions via our direct compliance assistance program, including more than 1,600 questions related to the pandemic. 

And that’s just a handful of ways we’ve worked together this year to launch credit unions forward. You’re at the heart of everything we do. If you’re a current NAFCU member: thank you. If you haven’t joined us yet, learn more now about taking advantage of direct access to NAFCU research, expertise and programs. We work for you, so we’ll work hard every day to provide you and your staff with extreme member service. 

View and download the full 2020 datasheet.