NAFCU Journal July August 2022

3 THE NAFCU JOURNAL JULY–AUGUST 2022 20 14 FEATURES 14 Filling the Financial Literacy Gap for Younger Generations NCUA Says Credit Unions Have Unique Opportunity to Educate Their Communities 20 From 1 to 102 in 90 Years Successful Expansion Requires Thoughtful Strategy & Commitment to Members 23 2021 Annual Report COLUMNS 5 Conferences 6 From the Chair 8 Washington and Industry Briefs 10 The Bottom Line 36 Inside NAFCU Services 38 Management Insight 40 Executive Spotlight 42 Leadership Download 44 Compliance Central 46 From the President’s Desk National Association of Federally-Insured Credit Unions ANNUAL REPORT 2021 23 JULY–AUGUST 2022 • VOLUME 47, NUMBER 4 The NAFCU Journal (ISSN 1043-7789) is published bimonthly every other month. July–August 2022, Volume 47, Number 4. Published by the National Association of Federally-Insured Credit Unions, 3138 10th Street N., Arlington, VA 22201-2149. Periodicals Postage Paid at Arlington, VA, and at additional mailing offices. POSTMASTER: Send address changes to The NAFCU Journal, NAFCU, 3138 10th Street N., Arlington, VA 22201-2149. The opinions and ideas appearing in this magazine are not necessarily representative of policies of NAFCU. Manuscripts and advertisements are welcome, although NAFCU reserves the right to edit manuscripts and refuse advertisements. Contact publisher for advertising information and rates. Appearance of an advertisement does not imply endorsement or guarantee of the advertiser’s claims. For subscription or advertising information, call 800-336-4644 or 703-522-4770. Email: nafcu@nafcu.org; website: www.nafcu.org. ©2022 National Association of Federally-Insured Credit Unions, all rights reserved.

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