NAFCU's decision to expand its field of membership has paid off, according to membership growth information the trade association shared Friday with CU Times.
According to Vice President of Membership and Sales Catherine Safady, so far this year, 70 new credit unions have signed up for NAFCU membership. That eclipses the 59 new members Safady said the trade gained last year.
In June, NAFCU's board approved changes to the organization's bylaws that expanded its field of membership to include federally insured, state chartered credit unions.
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