CHARLESTON, S.C. (8/6/12)--National Credit Union Administration (NCUA) board member Michael Fryzel, addressing the 14th annual conference of the African-American Credit Union Coalition, highlighted the importance of credit unions' work to serve the nation's underserved populations.
"Your goals and objectives of increasing the number of minorities in the credit union industry, along with your outreach of the credit union movement in African countries and in the U.S. through credit union mentoring, providing scholarship programs and educational opportunities, are important efforts as economic struggles abound," he told the audience of credit union professionals, volunteers, and nonprofit member organizations of the coalition.
Fryzel commended the coalition members for their commitment to the credit union philosophy and charged the group to "learn from one another and leave Charleston with new energy."
"Use the credit union philosophy to bring America back home to its tried and tested values of work, achievement and helping others," said Fryzel.
The African-American Credit Union Coalition is a nonprofit organization of African-American and African descent professionals and volunteers in the credit union movement.