WASHINGTON, DC (June 20, 2018) — Today, National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger addressed attendees at the association’s 51st Annual Conference and Solutions Expo in Seattle and highlighted the power of change and the importance of having an organizational strategy.
Leveraging four key tactics including vision, strategy, execution and innovation, Berger provided credit unions with insight on how to grow stronger in the age of fintech and in an environment with regulatory changes.
“These are what the most successful companies concentrate on, and what credit unions must do to continue to grow,” he told the conference attendees. Berger cited examples of invention and ingenuity from the conference’s host city of Seattle – such as its entrepreneurial spirit and customer-first mentality – and explained that credit unions “embody many of the same secrets.”
“We’re still the best deal for consumers,” Berger said. “We provide the best rates on savings, loans, credit cards and mortgages. We have the lowest banking fees and are consistently rated higher than banks and fintech for customer service.”
Berger also talked about NAFCU, saying that the association’s every day focus is on helping credit unions grow. “Extreme member service is something we pride ourselves on,” Berger said. “Today, we provide the best federal advocacy, education and compliance assistance in the industry. That’s the core of who we are. That’s our vision, and our promise to you.”
As far as the challenges ahead, Berger said that if the industry stays committed to clear vision, strategy, execution, and innovation, it will prove to competitors and disruptors that “credit unions are still the best choice for consumers.”
NAFCU’s Annual Conference runs through Friday. For up-to-date coverage of the conference, follow #NAFCUAnnual on Twitter. The conference’s signature sponsor is Strategic Resource Management – a NAFCU Services Corporation Preferred Partner for vendor cost benchmarking and negotiation services.
Attached, please find Berger’s remarks as prepared.
The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation’s federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go to www.nafcu.org or @NAFCU on Twitter.
