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Indianas newest CU marks first anniversary
FORT WAYNE, Ind. (4/24/08)--Union Baptist Church (UBC) FCU celebrated its first anniversary April 12 with an event at the church in Fort Wayne.
Click to view larger imageUnion Baptist Church FCU celebrated its one-year anniversary April 12 at the church. From left: UBC FCU President/CEO Herb Singleton; Board Chairman Rev. Al Cotton; National Credit Union Administration Region III Director Alonzo Swann; Dave Fleming, Partners 1st FCU; U.S. Rep. Mark Souder (R-3); Rev. Dr. Sylvester Hunter; Nancy Kline, Fire Police City County FCU; Lisa Williams, Pinnacle CU; and Indiana Credit Union League President John McKenzie. (Photo provided by the Indiana Credit Union league)
The event featured presentations and remarks from special guests representing the Indiana credit union community. The guests were joined by members from Congress and the National Credit Union Administration (NCUA). Chartered in December 2006, UBC FCU was one of eight newly chartered credit unions in the U.S. last year. It began operations April 9, 2007, and serves the membership of the Union Baptist Church. UBC FCU President/CEO Herb Singleton opened the meeting reflecting on the credit union’s first year and expressed how gratifying it has been to see the credit union embraced so well by UBC membership. “To have completed our first year in business is a milestone we are thrilled to be celebrating,” he said. U.S. Rep. Mark Souder (R-3), whose district includes Fort Wayne, congratulated everyone gathered at the event, commending UBC’s leadership on forming a credit union and on its positive influence in the community. He talked about the importance of community-based groups where people come together to assist each other. In his congratulatory remarks, NCUA Region III Director Alonzo Swann said the credit union leaders are at the beginning of a journey. Right now they are crawling and soon will be taking their first steps, he said. Swann said he looks forward to the day “when they are sprinting down the credit union road.” Swann also talked about the NCUA’s Small Credit Union Program, which provides support, and he encouraged UBC FCU leadership to continue to take advantage of this program and support available from the Indiana Credit Union League and other credit unions. League President John McKenzie congratulated everyone involved with making the formation of the credit union possible, from Rev. Dr. Sylvester Hunter--who is a credit union director and senior pastor of the church--and his vision for it, to Singleton and his efforts, to the members who have embraced it, to other Fort Wayne-area credit unions that have been so supportive. He also thanked Souder for his support of credit unions. The 21 charter members who initially formed UBC FCU each received framed certificates and a group plaque. Credit union colleagues who were instrumental in the credit union’s successful start were recognized at the event. Fort Wayne-area neighbors Fire Police City County FCU, Partners 1st FCU, Pinnacle CU, PROFED CU and Three Rivers FCU played key roles in helping establish UBC FCU. Nancy Kline, president, Fire Police City County FCU; Dave Fleming, president/ CEO, Partners 1st FCU; and Lisa Williams, president, Pinnacle CU, attended the event. Members United Corporate FCU sponsored the luncheon at the event. The meeting ended with remarks from Rev. Al Cotton, the UBC FCU board chairman, and Rev. Sylvester talking about his vision for the credit union.
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