NAFCU Boasts 2011 Net Membership Growth

Patty Briotta
WASHINGTON – Despite a climate of industry consolidation and continued economic challenges, National Association of Federal Credit Unions (NAFCU) Chair Mike Lussier today announced that NAFCU achieved net membership growth in 2011.

“At a time of continuing mergers, industry consolidation, and a faltering economic recovery, it is especially noteworthy that NAFCU’s membership is growing,” said Lussier. “It speaks volumes of Fred Becker’s leadership, the work of his ‘A-Team,’ the NAFCU staff, and the value credit unions continue to see in the programs and services NAFCU offers.”

Beyond membership, NAFCU has also experienced continued growth in attendance at its conferences. Specifically, NAFCU’s Regulatory Compliance School, Volunteers Conference, and Regulatory Compliance Seminar had record attendance in 2011.  Attendance at NAFCU’s Annual Conference & Exhibition, the largest in the industry, was also at the highest level since 2007.  Subscriptions to webcast packages have also increased, and the NAFCU Compliance Blog has over 3,000 subscribers.

“Credit unions clearly recognize that membership in NAFCU is vital,” Lussier said.

NAFCU is the only national organization that focuses exclusively on federal issues affecting credit unions, representing its members before the federal government and the public.

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