NAFCU Board opens member vote on Articles of Incorporation

NAFCU announced on Tuesday that its Board of Directors unanimously voted to amend NAFCU’s Articles of Incorporation to give federally-insured, state-chartered credit unions full membership.

The vote opens to NAFCU’s membership today and will close on Sept. 9.

If approved, state-chartered NAFCU members would have full voting rights and be eligible to vote on all NAFCU matters, including elections. In addition, full membership would allow state-chartered members to run for and serve on the NAFCU Board of Directors.

“This announcement is a natural evolution of NAFCU’s mission and supports our goal to help all federally-insured credit unions with federal issues by becoming a stronger, more impactful organization,” said NAFCU Board Chairman Richard L. Harris. “This unanimous decision included enthusiastic support from our board and staff. NAFCU will remain focused on representing our members at the federal level.

“As NAFCU continues to grow, state-chartered members should have an equal vote and seat at the table, for the benefit of our membership and the industry,” Harris continued. “One member – one vote.”

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