COLUMBIA, Md. (1/6/09)--The Maryland and District of Columbia Credit Union Association’s (MDDCCUA) successes last year will serve as a strong foundation for this year, the MDDCCUA said Monday. “The results we achieved touched hundreds of credit union employees to improve retention, and millions of consumers to drive them to join a credit union,” said MDDCCUA Chairman Wes Bone (FOCUS Newsletter
Jan. 5). In 2008, MDDCCUA:
* Launched an ad campaign about credit unions’ safety and soundness. Forty-four credit unions funded the campaign; * Promoted credit unions in community activities such as Money Power Day, DC Tax and Access to Capital fairs, Capital Area Asset Builders’ Financial Literacy Fair, the Eighth Annual Montgomery County Housing Fair and Financial Fitness Day, and the first Credit Union Financial Fitness Fair; * Trained more than 1,500 credit union staff and volunteers; * Funded the Growth, Governance and Services program for small credit unions; * Conducted 18 on-site Bank Secrecy Act Independent reviews, including required training to more than 500 staff and volunteers; and * Facilitated 21 credit union strategic planning sessions.
Last year, two credit union leaders--Bert Hash, MECU CEO, Baltimore, and Thom Beck, MCT FCU CEO, Rockville--also led efforts for the “Task Force to Study How to Improve Financial Literacy in the State” to become law, MDDCCUA said.