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NAFCU President and CEO Dan Berger, responding to a Credit Union Times column on credit unions and CFPB, said Friday that the association has always acted with its members' best interests in mind, not wavering in that approach.

In a CU Times column last week, Heather Anderson noted that NAFCU opposed CFPB rulemaking for credit unions when the bureau was first being developed, while others did not. But she closes with a line that misses the fact that NAFCU has taken a hard line against CFPB regulation of credit unions from the time it was first conceived.

"NAFCU has always been steadfast in strongly opposing the Consumer Financial Protection Bureau's rulemaking authority over credit unions," Berger wrote. "Our position was not a politically popular one, nor was it an easy one to take … But then again, NAFCU has never shied away from difficult positions. Over the years, NAFCU has always taken positions that are in the best interests of NAFCU members and the credit union industry. And that will never change."

He continued, "NAFCU continues to believe credit unions should be exempt from CFPB rulemaking, and we will continue to advance that with full vigor at every juncture possible because it is the right thing to do. For us, there is little comfort in being right and seeing our worst predictions regarding the burden of overregulation come to fruition while our industry erodes."