NCUA Board Member Michael Fryzel commended the African-American Credit Union Coalition's service to others,dedication and commitment to the credit union philosophy Fridayduring a general session address at the group's 14thAnnual Conference in Charleston, S.C.
|“Credit unions need to continue to provide financial services tolow-income individuals,” Fryzel said. “The work you already do toreach minorities and the underserved is admirable. Your goals andobjectives of increasing the number of minorities in the creditunion industry along with your outreach of the credit unionmovement in African countries and in the United States throughcredit union mentoring, providing scholarship programs andeducational opportunities are important efforts as economicstruggles abound.”
|Fryzel concluded his remarks with his standing call to actionfor credit unions. “Use the credit union philosophy to bringAmerica back home to its tried and tested values of work,achievement and helping others,” he said.
|The African-American Credit Union Coalition is a nonprofitorganization of African-American and African descent professionalsand volunteers in the credit union movement. The coalition's annualconference continues through Saturday.
|The full text of Board Member Fryzel's address is availableonline.
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