[Congressional Record Volume 163, Number 91 (Thursday, May 25, 2017)]
[Extensions of Remarks]
[Pages E721-E722]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




HONORING THE 50TH ANNIVERSARY OF THE NATIONAL ASSOCIATION OF FEDERALLY-
                         INSURED CREDIT UNIONS

                                 ______
                                 

                          HON. EDWARD R. ROYCE

                             of california

                    in the house of representatives

                         Thursday, May 25, 2017

  Mr. ROYCE of California. Mr. Speaker, it is my privilege to recognize 
the 50th anniversary of the National Association of Federally-Insured 
Credit Unions (NAFCU), one of the most effective trade associations 
advocating on behalf of the nation's federally-insured credit unions.
   In 1966, around 50 credit union leaders came together in Los Angeles 
to explore how to better have their interests addressed at the federal 
level and the possibility of creating a trade association located in 
our nation's capital to meet that need. That idea took root and NAFCU 
was formed as the National Association of Federal Credit Unions in 
April of 1967. Soon thereafter NAFCU was the first national credit 
union trade association to be headquartered in the Washington, D.C., 
area.
   Since its inception, NAFCU has steadily grown in size and expanded 
its team, representing now over 800 credit unions and employing over 60 
individuals, and even updating its name to the National Association of 
Federally-Insured Credit Unions earlier this year.

[[Page E722]]

Most importantly NAFCU's influential presence has not gone unnoticed 
and the association has become well-known for its ability to identity, 
examine, and represent issues of concern to federally-insured credit 
unions before Congress.
   NAFCU has crossed many milestones in its 50 years, from the 
enactment of the National Credit Union Share Insurance Fund (NCUSIF) to 
the passage of the Credit Union Membership Access Act in 1998. In 
recent years, they have been at the forefront in fighting for 
regulatory relief for our nation's credit unions. As a Member of 
Congress, I have had the pleasure of working with NAFCU on numerous 
occasions, working to provide regulatory relief and take on crucial 
issues impacting our credit unions. I congratulate NAFCU on its 50th 
anniversary and I look forward to working with them in the future.

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