MONTREAL – NAFCU’s Tuesday announcement of its expanded field of membership will open up potential membership to approximately 2,500 federally insured, state chartered credit unions, giving them new opportunities to access previously untapped resources related to federal advocacy. However, NAFCU said it does not plan to expand its advocacy activities to the state level, and its state-chartered credit union members will not be permitted to serve on NAFCU’s board or vote in board elections.

In an onsite interview with CU Times, NAFCU President/CEO Dan Berger and Ed Templeton, NAFCU board chair and president/CEO of the $721 million SRPFCU, emphasized NAFCU’s plans to continue its focus on federal issues. They said while they do not have a specific projection of how many state chartered credit unions will join NAFCU, the association is prepared to accommodate a growing membership from a technology and human resources standpoint.

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Natasha Chilingerian

Natasha Chilingerian has worked in the credit union space for over a decade. She joined CU Times as managing editor in 2015 and was promoted to executive editor in 2019. Before that, she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer and editor for more than 17 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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