Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Pa. CU Foundation tops 3M in funds raised
HARRISBURG, Pa. (8/11/11)--The Pennsylvania Credit Union Foundation has reached a milestone of $3 million in funds raised during the past 15 years and four months. Since it was chartered on March 19, 1966, the foundation has issued 444 grants totaling more than $1.85 million, reported the Pennsylvania Credit Union Association (PCUA) (Life is a Highway Aug. 10). Among the grants:
* 115 were financial literacy grants totaling $688,068 since 2003; * 38 were disaster relief grants for $309,522 since 1996; * 210 were small-credit union development grants totaling $549,180 since 2000; and * 19 were outreach grants totaling $242,113.
"The foundation has always served as an instrument that helps the underserved, both within and outside our movement," said foundation board Chairman Ray Brunner, who credited seven previous foundation board chairmen with the success. Jim McCormack, PCUA president CEO and foundation ex officio board member, noted that many volunteers serving on the foundation board "have devised a first-class strategy resulting in the foundation's success during the past 15 years." Joe Wambach, foundation executive director, pointed out that fundraising chairmen John Kebles, Bob Marquette and Dave Ackerman "have provided leadership and magnificent service." The caliber of grants also lent itself to the fundraising success, he said.


RSS print
News Now LiveWire
Falling #gas prices: Pros, cons for U.S. economy #NewsNow #Market http://t.co/XWwwERwe7e
14 hours ago
Members of Interstate FCU have voted to merge with Credit Union of Southern California https://t.co/yYeSWEG4GH
17 hours ago
.@InfinityFCU has named Liz Hayes as president/CEO. Hayes was formerly EVP and chief administrative offficer at @Affinity_Plus
17 hours ago
.@wpcu battles Speedway in round 3 of Dayton Brand Madness via @DBJnews http://t.co/EbQL5f9be8
19 hours ago
New at #NewsNow: Fed regulators approve new #QRM rule. http://t.co/Bdz5q43xjZ
19 hours ago