Industry Credit Groups:

The National Association of Credit Management (NACM) has been active in the formation and servicing of industry credit groups since 1896. NACM of Texas, one of sixty affiliates of NACM, has over twenty-five local, regional and national groups.

Through active involvement in one or more of NACM of Texas credit groups, members can gain greater knowledge about specific industries or companies. The purpose of exchanging information is to help group members segregate fact from opinions or fiction so that they individually may be able to make a competent and realistic credit decision on a customer's account.

All NACM of Texas industry credit groups are conducted in accordance with the "Antitrust Guide for NACM Group Members" published by the National Association of Credit Management.

The general objectives and purpose of NACM Credit groups are clearly defined within the scope of lawful conduct. Each member must make certain that the specific discussions, programs, and agendas of any group activity serve the legitimate and legal purposes for which the group is organized. This is achieved through an exchange of credit information with members in one or more of the following ways:

Round Table Discussion: A member desiring information about a particular company may bring that company's name to the meeting. Members then provide information about the specific companies and give verbal feedback. Members may ask about as many companies as necessary.

Group Discussion List: These are a regular feature of numerous NACM of Texas industry groups. Members regularly submit a list of their accounts for discussion. NACM of Texas then collates and prints a single, comprehensive, group discussion list which is distributed to group members for discussion at the next meeting.