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The charitable arm of the country’s credit union system, the National Credit Union Foundation (NCUF), released its 2021 Impact Report to show the progress the Foundation has made in providing meaningful impact to the industry at large.

In the report, the Madison, Wis.-based NCUF stated its assets grew to $11.6 million in 2021 from $10.1 million in 2020. “This growth enabled us to partner and engage more effectively with credit unions through convenings, virtual experiential sessions and other outreach,” the report stated. “This work is successfully igniting a deeper understanding of the financial challenges credit union members and employees face, the opportunities to address those needs and our system’s ability to measure the impact of our efforts.”

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Michael Ogden

Editor-in-Chief for CU Times.

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