MANCHESTER, N.H. (2/19/15)--With a pledge of $1 million, CUNA is now a lead sponsor of the America's Credit Union Museum Legacy Capital Campaign--an effort to preserve and enrich the history of the credit union system.
|America's Credit Union Museum launched the Legacy Campaign, a three-year capital campaign with a goal of raising $3.3 million to create a new industry research center, add additional exhibit space and renovate the existing museum building. (America's Credit Union Museum Photo)|
The museum, which opened in 2002, is located in Manchester, N.H., on the site where America's first credit union opened its doors in 1908.
The Legacy Campaign is a three-year capital campaign with a goal of raising $3.3 million to create a new industry research center, add additional exhibit space and renovate the existing museum building.
"Conserving and promulgating credit union history is consistent with our mission of supporting, protecting, unifying and advancing the credit union movement," said CUNA President/CEO Jim Nussle. "CUNA is proud to participate in this project, which has the potential to ultimately preserve for future generations the roots and growth of the credit union legacy in America, particularly as we strive to achieve our system vision of 'American's best choice for financial services.'"
CUNA's $1 million pledge would fund what will be known as the CUNA Research Center. The center will be housed next door to the museum and create a virtual experience that will provide all visitors--credit unions, consumers, media, lawmakers, regulators and others--the ability to delve into the history of credit unions.
Museum Chair Michael L'Ecuyer thanked CUNA for not only its financial pledge, but its partnership in preserving the tradition and history of the credit union system.
|A renovation of America's Credit Union Museum includes a skywalk connecting it to the CUNA Research Center. (America's Credit Union Museum Graphic)|
"CUNA has long supported the preservation of the history of the credit union movement in our country," said L'Ecuyer, who also is president/CEO of $389 million-asset Bellwether Community CU, Manchester, N.H. "Through this generous pledge to the Legacy Campaign, the museum will be able to continue telling the story of our heritage, principles and values and providing future generations a link to the rich past of credit unions in America."
The pledge from the nation's largest credit union trade association puts the Legacy Campaign more than halfway towards its fundraising goal.
America's Credit Union Museum Executive Director Stephanie Smith stressed that supporting the campaign is crucial.
"Credit union leaders are retiring from our movement every single day. With them is going the knowledge of the past and the stories that have shaped credit union values," she said. "We need the support of credit unions and credit union partners to help us preserve and protect the history and heritage that explains why credit unions are different and unique both in the communities in which we do business and in the eyes of our elected officials."
The museum's board and staff is committed to evolving the museum into a strategic planning destination, a beacon of the cooperative spirit of credit unions, and an ongoing entity that ensures the history of credit unions is told loudly and proudly for decades to come, said Smith. She said the new CUNA Research Center adds the virtual component which will allow that history to be accessed easily.