NAFCU CEO stands in support of Ukraine, UACUA

FOR IMMEDIATE RELEASE | February 24, 2022

NAFCU CEO stands in support of Ukraine, UACUA

Russia’s actions are a “threat to democracy across the globe"

WASHINGTON – The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued the following statement following Russia’s attacks against Ukraine:

“Russia’s invasion of Ukraine is not only an attack on innocent lives and a clear violation of the country’s sovereignty, but a direct threat to democracy across the globe,” said Berger.

“NAFCU stands with the Ukrainian American Credit Union Association -- the 12 Ukrainian American credit unions and their more than 100,000 members -- who have family, friends, and colleagues in their home country. With over $4 billion in combined assets, these credit unions play an important role in the American economy,” added Berger. “We join them in support of the Ukrainian people and our U.S. leaders and allies as they move to swiftly hold Russia accountable.”

“The entire NAFCU organization believes in the principles of peace, prosperity and freedom. As always, we will remain a helpful resource for the entire credit union community and their members as markets across the world undoubtedly respond to these reckless actions,” concluded Berger.

###

The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation’s federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go to www.nafcu.org or @NAFCU on Twitter.

Media Contact

Amanda Dela Cruz
adelacruz@nafcu.org
(571) 447-0022

Related Resources

February 03, 2023 Add to Calendar 2023-02-03 09:00:00 2023-02-03 09:00:00 Winning the Battle for Deposits Listen On: Key Takeaways: [01:28] An overview of the current macro environment. [02:55] Traditional tactics used by credit unions in the battle for deposits and why these are no longer enough. [07:39] Rife competition in the credit union space and how to stand out from the crowd. [10:23] The benefits credit unions can experience by reducing the cognitive load of their members [18:17] Advantages and disadvantages of PFM tools in the battle for deposits. [20:14] What credit unions should demand of their vendors. Web NAFCU digital@nafcu.org America/New_York public

Winning the Battle for Deposits

Liquidity

preferred partner

Personetics

Podcast

February 03, 2023

Macro Data Report - Employment Situation

Reports

February 02, 2023 Add to Calendar 2023-02-02 14:00:00 2023-02-02 14:00:00 How to Leverage Loan Participations in a Low Liquidity Environment About The Webinar As credit unions continue to face challenges with liquidity starting off 2023, strategic pricing and long-term alternative funding strategies can play a key role in allowing credit unions to serve more members and successfully manage the balance sheet. Loan participations can play a key role helping credit unions sustainably grow their originations, provide the marketplace access to quality, short duration investments, and successfully grow market share. Please join Amy Henderson, Chief Consumer Services Officer at Greenstate CU, Devin Hughes, VP of Business Development at LendKey, and Michael Adams, VP of Lender Development at Open Lending for a panel discussion to learn how credit unions can strategically serve more members, effectively price for loans, and successfully manage their balance sheet. Attendees will: Hear from Credit Union and FinTech experts Learn about loan pricing strategies and participation strategies Glean best practices from industry leaders who have been executing on these innovative strategies that better position the balance sheet for long term growth Find out how credit unions can start the process to identify trusted partners to help them execute on this strategy and serve more members Register for the Webinar Web NAFCU digital@nafcu.org America/New_York public

Newsroom