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Federation Institute for American Values form alliance
NEW YORK (4/14/08)--The National Federation of Community Development Credit Unions has formed an alliance with a nonprofit group tackling issues of excessive debt and inadequate savings in the U.S. The alliance is with the Institute for American Values, a New York-based nonprofit group, which will honor a former federation chairperson at the institute's upcoming national conference, Confronting the Debt Culture, in Washington, D.C. May 12-13. Former federation chairperson Rita L. Haynes, CEO of the Faith Community United CU based in Cleveland, Ohio, will be honored at a luncheon on May 13 during the conference. Another federation board member, Mississippi State Sen. Robert L. Jackson, will be a featured speaker. The federation is co-sponsoring the conference, said Cliff Rosenthal, federation president/CEO. He noted the institute's research "shows tremendous appreciation and support for the role of credit unions, and we're very excited about the possibilities for collaboration." David Blankenhorn, president of the institute, said it is committed to spreading the word about the role the federation and community development credit unions play in serving low-income communities. Keynote speakers at the conference will include U.S. Sen. Sam Brownback (R-Kansas); Harold Ford Jr., chairman of the Democratic Leadership Council; and Ken Eiden, CEO of Prospera CU, Appleton, Wis.
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