MADISON, Wis. (7/9/09)--Twenty-six credit union chief financial officers (CFO) and other financial professionals received nearly $50,000 in scholarships from the CUNA CFO Council this year. The council said that earlier this year it recognized that the recession would likely mean new financial challenges and decreased training budgets for credit unions in the coming months. To provide credit unions with more options to meet these challenges, the council increased its scholarship budget to this record amount. Scholarships were awarded based on financial need and could be applied to the council’s annual conference or Credit Union National Association educational programs. For more information, use the link.