ARLINGTON, Va. -- NAFCU collected over $200,000 more in dues in2006 over 2005, but there has not been a dues increase; it isbecause of the health of the industry and its membership.

NAFCU ended 2006 with 811 members up a net of three from 2005,according to NAFCU Senior Vice President of Communications JayMorris. Despite the merger mania among credit unions, which coulddrive both NAFCU's membership or dues revenues down, the figuresare up. NAFCU brought in $6,653,667 in 2006 in membership duesversus $6,422,489 the previous year.

"Dues have not increased. There has not been a dues increase insome time," Morris said. NAFCU's dues structure is a formula basedon asset size, so NAFCU's members must be healthy and continuing togrow, he pointed out. "I think that's a reflection of our retentionfigures--they're quite good, growth in credit unions, and the netgain of three credit unions," he stated.

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