March 1, 2006 marks the formation of the Federation of Credit and Financial Professionals, Inc., an affiliate of the National Association of Credit Management. This dynamic new organization evolves from the combination of the New York Credit and Financial Management Association, Inc. founded in 1895, and the Mid-Atlantic NACM founded in 1896, two of the oldest business credit associations in the world.

We offer valuable services to the commercial credit, collection, risk and financial manager. Our members want to bring more value to their companies and their careers, so they appreciate being part of this powerful peer network. As companies of all sizes are challenged to maximize the value of their biggest financial asset - their accounts receivable - they look to their credit and financial managers to utilize the best methodologies for shortening the revenue cycle, lowering risk, and improving profitability. Our role is to provide:

• Valuable networking opportunities through trade credit groups and other peer interchanges
• Credit risk assessment services such as company reports, credit guideline recommendations, portfolio management
• Professional development and career support
• Access to best-in-class technology for improving your productivity
• Discounts on relevant services from selected third-parties

More than 1200 companies and professionals belong to the FCFP. Members represent diverse segments of the economy, including manufacturing, wholesale, distribution and financial businesses.

The day-to-day activities of the Federation are managed by Smyth Group Services, Inc., a credit association management company founded in 1946. Smyth’s technology, credit services and education programs enable the Federation to deliver top-flight membership services. Smyth’s recent expansion in China and India will add international membership, growth and education opportunities, as well as more depth for the Federation’s USA membership participating in a growing global economy.

As a member of the Federation of Credit & Financial Professionals, you are also a member of the largest national professional trade group, National Association of Credit Management (NACM). Through NACM you have access to certification programs, national conferences, and additional information to benefit your professional development and performance. In addition, you may join the Industry Credit Groups that will be most helpful to your success.

Members of the Board