Apparently, this change has been in the works (or thoughts) for about a decade -- and now it's come to fruition. Earlier this week you may have heard that NAFCU changed its bylaws to open its membership to just about every credit union in the country: federally insured and state chartered. That's big news for this organization and we spoke to NAFCU's President/CEO Dan Berger about this breaking news, while he was wrapping up the final days at the NAFCU Annual Conference in Montreal, which has been loaded with big announcements all week.
We asked Dan how exactly this change works, how it benefits the industry (and of course NAFCU), and what prompted this action to begin with. We get it all and more 'almost live' from NAFCU's show. Let us know what you think about this change and its impact on your credit union.
Mike Lawson, Host
Married to a most gorgeous and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.