Bold advocacy lifts NAFCU, CUs in 2019

Together, NAFCU and the credit union industry have achieved some great wins in 2019 as the association continues its mission of strengthening credit unions. As the industry’s Washington Watchdog, NAFCU has been hard at work advocating for credit union priorities with administration officials, lawmakers, and regulators – all while fighting back against relentless banker attacks and keeping members informed of trends and new regulations that could impact their operations.

Here are a few NAFCU and industry highlights to mark this momentous year:

Growth

According to the most recent NCUA call report data, the entire credit union industry now serves 118 million Americans, with new members joining each day. As the industry has grown, so has NAFCU’s base – in the past six years, NAFCU has seen its membership grow 37 percent and the association now represents 51 percent of the industry’s assets.

 

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