CFMA Membership Exceeds 7,000 Milestone

PRINCETON, N.J., Jan. 8, 2015 /PRNewswire-USNewswire/ -- The Construction Financial Management Association (CFMA), the only organization serving the unique education and networking needs of the construction financial professional in North America, announced that its membership has exceeded 7,000 individuals. CFMA, established in 1981 with a membership of 8, has flourished over the years and is recognized as the premier organization for financial professionals employed in all sectors of construction.

CFMA provides invaluable resources and education to its members via the headquarters office and 88 chapters across North America. In cooperation with its affiliate organization, the Institute of Certified Construction Industry Financial Professionals (ICCIFP), CFMA promotes industry best practices and continuing education in support of its mission: To be essential to the growth and success of construction financial professionals.

"Now more than 7,000 members strong, CFMA is significantly impacting and growing with the construction industry," said Steve C. Tenney, CFMA National Chairman. "Our strength in numbers speaks to the value that members receive from their affiliation with and connections made through the organization. We appreciate the continued support of our volunteers, sponsors, and industry partners in our efforts to deliver unparalleled member value through our growing product and service offerings."

"The leadership made a conscious decision to remove membership growth as a priority when we revisited our strategic plan three years ago," said President and CEO Stuart Binstock. "Rather, we concluded that a focus on delivering member value would drive desired membership growth.  The outcome of that prudent decision was a 9% increase in membership over that period, which has led us to where we are today."

About CFMA

CFMA, headquartered in Princeton, NJ, is an individual membership organization and the only association dedicated to bringing together construction financial professionals and those partners serving their unique needs. CFMA serves more than 7,000 members in 88 chapters located throughout North America.

Contact: Fern Oram ([email protected]; 609.945.2494)

SOURCE Construction Financial Management Association

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