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FOR IMMEDIATE RELEASE | November 23, 2020

NAFCU Statement on the Departure of J. Mark McWatters from NCUA Board

WASHINGTON – The National Association of Federally-Insured Credit Unions (NAFCU) President and CEO Dan Berger issued following statement after J. Mark McWatters departed from the National Credit Union Administration (NCUA) Board:

“NAFCU thanks NCUA Board Member J. Mark McWatters for his many years of service to the credit union industry,” said NAFCU President and CEO Dan Berger. “We appreciate his strong support in modernizing outdated regulations, reforming field of membership requirements, and ensuring credit unions have had the flexibility and resources needed to continue serving their members during challenging times. We wish Mark the best.”

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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.