NAFCU here to serve CUs

Throughout the coronavirus pandemic, credit unions have demonstrated why more than 120 million Americans have chosen them to meet their financial goals. NAFCU is proud to serve the credit union industry as the only trade group focused on representing its interests at the federal level.

“We witness daily credit unions’ commitment to the financial wellbeing of their members and communities, that includes those who are underserved or in designated minority communities,” said NAFCU President and CEO Dan Berger. “Our industry was founded on the premise of supporting our neighbors, coworkers, friends and family through difficult financial times and credit unions have not strayed from that mission, especially as we face national economic crises or a global pandemic.

“NAFCU will continue to do what we’ve always done – advocate for the best interests of the credit union industry and ensure that Americans most in need of financial services have access to the best financial services available. Racism and injustice of any kind have no place in this nation or in financial services, and we will continue to advance diversity, equity, and inclusion (DEI) efforts across the industry.”

The association is working closely with the NCUA and Congress on this issue. For instance, NAFCU is currently requesting additional support for Community Development Financial Institutions (CDFIs), minority depository institutions (MDIs), and the NCUA’s Community Development Revolving Loan Fund (CDRLF) to ensure Americans and small businesses suffering most from the coronavirus pandemic are not left behind, and has defended the NCUA from banker attacks against its efforts to ensure military members have access to credit unions’ financial services.

 

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