MADISON, Wis. (10/8/15)--The National Credit Union Foundation will celebrate 35 years of service to the credit union movement this month.
To help commemorate the occasion, the foundation has started a fundraising effort to raise money to continue to expand its services. The foundation also created a timeline of many of the most important events and campaigns the organization has initiated since its inception.
“Over the past 35 years, the foundation has been a cornerstone of the credit union movement,” said Gigi Hyland, foundation executive director. “To celebrate this landmark anniversary, we’ve launched a special online fundraising campaign. Our goal is to raise $35,000 so we can reach more credit unions across the United States, and continue to provide them with more tools they need to improve people’s financial lives.”
Originally called the CUNA Foundation, the organization was formed in October of 1980. It focused on the development of the international credit union movement and on providing grants for small credit unions.
In 1992, the foundation was reorganized to enhance its charitable activities so it could better serve the needs of consumers and the needs of credit unions in supporting those consumers.
The foundation has awarded more than $35 million in grants over the last 10 years, and the funding has allowed credit unions to provide financial literacy, reach into underserved communities, and empower more consumers to save, build assets and own homes, the foundation said.
Some of the foundation’s most successful campaigns include: