Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Members United Corporate establishes new foundation
WARRENVILLE, Ill. (11/17/08)--Members United Corporate FCU has established The Central Credit Union Fund Foundation to fund initiatives that support the theme of “people helping people” and to help credit unions improve consumers’ financial well-being. Members United is providing the foundation with $50,000 in its first year for operating costs/grant awards and $200,000 to establish an endowment. “Creating the foundation is a natural extension of our core mission,” said Kevin Brauer, president of Members United’s northeast region. “When we merged with Central Credit Union Fund in 2007, we wanted to recognize its position as the nation’s first corporate credit union and its continued commitment to serving credit unions. The foundation will benefit former Central Fund members and other Massachusetts credit unions.” The foundation will fund programs that encourage consumer education, financial literacy, financial services to those of modest means, credit union development, service to under-served consumers and management development. The foundation’s board of trustees approved its grant-making policy Thursday. Members United Corporate FCU is a national $10.3 billion asset financial institution headquartered in Warrenville, Ill.


RSS print
News Now LiveWire
Another state will probe the Experian data breach; learn more in tomorrow's edition of #NewsNow #CUNA #creditunions
11 hours ago
Canada's @Vancity to support phase 3 of @WOCCU's Build the Brand http://t.co/6IMSvA8LMZ
11 hours ago
Yesterday, #creditunions across the country encouraged members to #gogreen on #EarthDay http://t.co/boBamaLJoh #greenliving
14 hours ago
As ticket prices for sporting events soar, #creditunions are pitching in to drive down costs for members http://t.co/EgrrtkVlgt
16 hours ago
Shodair Children's Hospital in MT receives #NCUF @BizKidsTV, thanks to @mtcus4you http://t.co/oxGAbqpU5h
16 hours ago