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Self-Helps Eakes elected to Ford Foundation board
NEW YORK (10/3/11)--Community development credit union leader Martin Eakes been elected to the Ford Foundation Board of Trustees. Eakes is the founder of the Durham, N.C.-based Self-Help CU, the Center for Community Self-Help, the consumer advocacy Center for Responsible Lending, and most recently, Self-Help FCU, Oakland, Calif. In May, Eakes was named a Ford Foundation Visionary, a new award that recognizes innovators whose work provides economic opportunities for marginalized people worldwide (News Now May 6). The Ford Foundation is an independent, nonprofit grant-making organization that works on the frontlines of social change worldwide to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement. Ford Foundation trustees are elected by the full board and serve six-year terms. Trustees set broad policy relating to grant making, geographic focus, investments, governance and professional standards, and they oversee internal and independent audits.


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Fryzel added @TheNCUA is fed. governmt, thereby will B criticized, but always tried 2 do what is right. McWatters still 2 B sworn in.2of2
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Before @TheNCUA meeting adjourned, board member Fryzel said goodbyes, praised dedicated CU officials. 1of 2
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.@TheNCUA revised budget is down by $1.1 mil for year ending Dec 31, 2014. That brings total revised budget to $266,920,296.
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.@TheNCUA says it will update it NCUA Guaranteed Notes (NGA) report on its website in October.
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Also carved out from the @TheNCUA fixed-asst plan, CUs with less than $1 million in assets.
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