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100000 earmarked to support CUs Indiana foundation
INDIANAPOLIS (1/10/08)--Representatives from 19 Indiana credit unions can attend the Credit Union National Association’s (CUNA) Governmental Affairs Conference (GAC) in Washington, D.C., this year through assistance from the Indiana Credit Union League’s Servicecorp. “This is the third consecutive year we have been in a position to help underwrite the cost of attendance for some of our credit unions,” said league President John McKenzie. More than $100,000 will be put toward political involvement and supporting the Indiana Credit Union Foundation as a result of league and Servicecorp efforts. Through Servicecorp, the league granted $52,900 to assist affiliates in attending the conference. The foundation presented its Millie Cox Scholarship to Robert Stowers, board member at Allegius FCU in Burns Harbor, to attend the GAC, but Stowers redirected the funds to Herb Singleton, president/CEO of Union Baptist Church FCU in Fort Wayne. Union Baptist, the state’s newest credit union, began operations last year. Other conference attendees were selected, based on political involvement, representation of small and medium-sized credit unions, and whether they are Servicecorp clients. The foundation also received $50,000 in 2007 for financial literacy programs, scholarships, a Habitat House and the Biz Kid$ television series.


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