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CU System
For Ohio foundation 2008 is a record year
DUBLIN, Ohio (8/22/08)--2008 is turning out to be a record-breaking year so far for the Ohio Credit Union Foundation (OCUF), which turns 10 years old. As of June 30, the foundation had awarded more than $120,000 through 29 grants for outreach, financial education, professional development and disaster relief, according to the Ohio Credit Union League's eLumination Newsletter (Aug. 14). In the state, 46 credit unions have invested $18.1 million in the Community Investment Fund, which has provided nearly $78,000 to the foundation year to date. Earlier this year, OCUF reached the $1 million grant mark for the year. Among its accomplishments:
* A grant application for $69,500 from the National Credit Union Foundation to help establish a new community credit union in Toledo to serve the Latino neighborhood. * A survey of credit unions about their community outreach initiatives to share with legislators, regulators, the media and consumers. * A new website, with expanding information.
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