[Congressional Record (Bound Edition), Volume 163 (2017), Part 6]
[Extensions of Remarks]
[Pages 8588-8589]
[From the U.S. 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. 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

[[Page 8589]]

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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