Newsroom

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. 

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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.