National Association of Federal Credit Unions (NAFCU)
Definition of 'National Association of Federal Credit Unions (NAFCU)'
NAFCU was founded in 1934 by a group of credit union leaders who wanted to create a national organization to promote the interests of the credit union industry. The association has grown steadily over the years, and now represents more than 90% of the nation's federally chartered credit unions.
NAFCU's mission is to promote the interests of the credit union industry and to help credit unions achieve their full potential. The association accomplishes this mission by providing its members with a variety of services, including:
* Advocacy in Washington, D.C.
* Education and training
* Research and publications
* Member services
NAFCU is also a strong advocate for the credit union industry. The association works closely with lawmakers and regulators to ensure that credit unions have a fair and level playing field. NAFCU also educates the public about the benefits of credit unions and works to promote the industry's growth.
The National Association of Federal Credit Unions is a vital organization for the credit union industry. NAFCU provides its members with the resources they need to operate their credit unions effectively and to advocate for the industry's interests. The association is also a strong advocate for the credit union industry, working to ensure that credit unions have a fair and level playing field.
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