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From the May-02, 2007 issue of Credit Union Times Magazine • Subscribe!

State Employees' CU Backs King Memorial With $100,000 Donation

RALEIGH, N.C. -- State Employees' Credit Union recently donated $100,000 to the African-American Credit Union Coalition to help build the Martin Luther King Jr. National Memorial in Washington, D.C.

The memorial's design will honor the fundamental themes of King's life and work, justice, democracy, hope and love. Construction is expected to be complete in 2008.

"As our membership cooperative has always been focused on equal and fair treatment, we believe in honoring a man who epitomized the equal treatment of all Americans," said Jim Blaine, president/CEO. "We encourage other credit unions to support this initiative as well."

The AACUC has spearheaded fundraising efforts within the credit union community for the Build The Dream campaign through the Martin Luther King Jr. National Memorial Project Foundation [www.mlkmemorial.org]. AACUC Treasurer and Funding Chairperson Hubert Hoosman thanked SECU for its generous donation.

"North Carolina State Employees' Credit Union is a living example of the spirit of the credit union movement," said Hoosman, who is also president/CEO of Vantage CU in Bridgeton, Mo. "Not for profit, not for charity, but for service is the motto of our great movement.

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