Louisiana FCU Gets Its Mission From Its Founder
One of the National Credit Union Foundation's more unusual grants this year went to the 28,000-member $201 million asset Carter Federal Credit Union, headquartered in Springhill, La.
The foundation provided $25,000 for the credit union to produce financial education trailers that will run before movies at a film camp popular with local children during the hot Louisiana summers.
The expansion also led to some soul searching about the CU's name and identity, with some in the credit union, particularly the CEO at the time, wanting to change the name.
“I think he wanted us to have a name that was more modern and up to date,” explained Butler. “You know credit unions have these fancy names these days. I saw one just a few days ago, Wingvine or something like that, but we didn't want to change the name.”