Washington Post features Berger
NAFCU President and CEO B. Dan Berger
Aug. 27, 2013 – The Washington Post featured a profile on NAFCU President and CEO B. Dan Berger on Monday, focusing on NAFCU’s current priorities and his plans for the association’s future.
“We’ve always had a reputation for being responsive, but we’re working on being even quicker. We’re calling members up and asking them, ‘How are you doing? What’s keeping you up at night? What can we do to be helpful?’” Berger said. “And it’s been very well-received so far.”
Berger emphasized that NAFCU’s top priority reflects its members’ biggest concern: “Regulation, regulation, regulation.” He discussed how the current regulatory atmosphere puts excessive pressure on credit unions no matter what part of the country they are in – and especially if they are small.
“It’s unfortunately come to the point where a lot of credit unions don’t have the economies of scale to deal with all these rules and regulations, so they’re finding ways to merge with each other,” Berger said.
He also spoke about the increase in credit union members across the country since Bank Transfer Day in 2011, and the continuing momentum for the industry as consumers realize the difference between banks and credit unions. “Once people join a credit union and are exposed to the great service and low fees, it’s hard to leave,” Berger said.
Washington Post profile