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News Now

CU System
Pennsylvania foundation breaks fundraising record
HARRISBURG, Pa. (1/8/09)--The Pennsylvania Credit Union Foundation raised $264,710 as of Dec. 31, exceeding its 2008 fundraising goal of $256,000. The year-end totals are $9,200 more than the $255,499 raised as of Dec. 31, 2007, and an increase of 3.4% over 2007 projections (Life is a Highway Jan. 7). “The foundation’s ability to increase its grants portfolio to a greater number of underserved Pennsylvanians despite diminished economic results during the second half of 2008 helped maintain a steady flow of funds that benefited the foundation and made this record result possible,” said Foundation Chairman Norb Kaczmarek, CEO of Erie (Pa.) FCU. Foundation Vice Chairman and Fundraising Chairman Dave Ackerman, CEO of USX FCU, Cranberry Township, Pa., was fundraising chairman for the foundation. Kaczmarek and Ackerman challenged the board to continue its work in 2009 during even greater economic challenges, the foundation said. The foundation has raised more than $2.3 million since its inception in 1996.


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