January 5, 2012
It’s official! The merger of the Oregon and Washington Credit Union Foundations was completed on January 1, 2012, as the two joined forces to become the Northwest Credit Union Foundation (NWCUF). It will continue to offer its core programs—including professional development scholarships, Quik-App scholarships, and small credit union development grants—during the transition as the newly merged foundation works to develop its strategic plan for the remainder of the year.
“The boards of the Oregon and Washington Foundations had a vision they worked on throughout 2011,” Northwest Credit Union Association (NWCUA) President Troy Stang said, “and now that vision is being realized and their work is to be applauded."
Traditionally, credit union foundations provide financial assistance for credit union programs that positively impact and support their membership. Through continued education, training of employees, and efficient operations—all supported by credit union foundations—the credit union movement will continue to remain viable and competitive in the financial marketplace.
“The combined regional entity has an enhanced focus on the efforts of the Northwest movement and the communities the credit unions serve,” Stang said. “A priority for the NWCUF will be the continuation of funding programs during this transition, with greater things to come as the Foundation leverages its growing resources.”
The Northwest Credit Union Foundation is now accepting professional development scholarship and small credit union development grant applications. The application deadline for both is March 15, 2012.
The individual professional development scholarships under Cycle 1 are for all events occurring between April 1, 2012, and Dec. 31, 2012. This includes the NWCUA Convention and Annual Business Meeting, to be held in Vancouver, Wash., in October. All credit union employees are eligible to apply. The small credit union development grants are available to all credit unions with less than $30 million in assets and fewer than five employees.
More information and online applications are available at the Northwest Credit Union Foundation homepage.
Questions? Contact Northwest Credit Union Foundation Development Associate Josalyn Alston: 206.340.4814, firstname.lastname@example.org.