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January 18, 2013

NAFCU sees continued membership growth

NAFCU has been adding new members at a steady clip in recent months, one of the most recent being Peninsula Community FCU of Shelton, Wash.

This $151-million-in-assets institution was originally chartered in 1935 to serve workers from the Rainier Pulp and Paper Company. "Rainier research scientists perfected the world's first pulp made from hemlock designed especially for making rayon," the credit union says on its website. "These hard working people knew something about innovation and thrift. We carry those same values today."

Also added to NAFCU's membership rolls recently:

Anthony Demangone, NAFCU's senior vice president and chief operating officer, said the ongoing influx of new members speaks volumes about the value of NAFCU membership. "We hear from credit unions all the time about how much they appreciate the resources and advocacy NAFCU provides," he said. "We can't do these things without a vibrant membership, and we count on our members to help us keep our eye on what's important to them."

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