The Oregon and Washington credit union foundations have voted tomerge and become the Northwest Credit Union Foundation as of Jan.1.
|The move follows the merger of the two states' leagues into theNorthwest Credit Union Association last Jan. 1. The NWCUA held its first annual meeting as acombined entity in September.
|Combining the resources of the two foundations will betterenable the new entity to support “broader community outreachendeavors, small credit union development grants, and professionaldevelopment scholarships,” the foundations said in a statement.
|The two organizations have awarded grants of more than $225,000together so far in 2011 and said programs and services will not beinterrupted during the transition. Trustees for both boards willremain during a transition year and a strategic planning sessionwill be held in the first quarter of 2012, organizers said.
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