What's new
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Outreach survey reveals Ohio CUs’ true
dedication
Ohio’s credit unions are more than mere providers of financial
products and services – they work to improve people’s lives,
according to the results of the Ohio Credit Union League’s 2008
outreach survey. Two out of three Ohio credit unions provide free
financial education in their communities, primarily to adults (57%),
high school students (45%), and elementary students (37%). Only 20%
offer financial education to college students. The top four topics
taught were budgeting (58%), checking and savings basics (48%),
identity theft (47%), and credit concepts (45%). The survey also
revealed that 67% of Ohio’s credit unions incorporate the Movement’s
social mission into their strategic planning processes, and 39%
offer special savings and alternative loan programs.
Download the 2008 report |
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Ohio CU Foundation giving $60,000 to Biz Kid$
The Ohio Credit Union Foundation is granting an additional $60,000
to help fund Season 3 of
Biz
Kid$, the
youth-focused and credit union-funded financial education show on
public television. Read more |
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2008 Ohio Credit Union Foundation Annual Report
The Ohio Credit Union Foundation's 2008 annual report is now
available.
Download the 2008 report |
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National grant awarded for Toledo-based Latino CU
The
Ohio Credit Union Foundation (OCUF) is leveraging a $69,500
Innovation Grant from the National Credit Union Foundation (NCUF) to
a consortium of Toledo-area credit unions and community
organizations to charter a community development credit union for
Latinos in northwest Ohio.
Read more |
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"Credit Union Community Center" to open in Marion with help from
Ohio CU Foundation
Marion Community
Credit Union in Marion is on its way to opening the first “Credit
Union Community Center” in Ohio. The Credit Union Community Center
will host financial education programs for children and families, in
addition to a wide range of other community services, such as
after-school and summer programming for youth and
family-strengthening classes for adults. The credit union received a
$30,000 outreach grant from the Ohio Credit Union Foundation, in
addition to several other contributors, to make the community center
a reality.
Read more |
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2008 OCUF
grant
awards emphasize the CU difference
More than $207,000 was awarded in grants by the Ohio Credit
Union Foundation (OCUF) to assist credit unions, communities,
and individuals across Ohio. In 2008, the Foundation received a
record $249,000 in contributions, and received grant
applications for programs and initiatives with wider scopes and
larger scales reaching greater audiences than ever before.
Read more |
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OCUF Trustee Rita Haynes wins highest CU honor
Rita Haynes, CEO of Faith Community United and
member of the Ohio Credit Union Foundation Board of Trustees,
has won the 2009 Herb Wegner Memorial Award for Individual
Achievement for her service to the underserved residents of Cuyahoga
County. Read more |
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Thanks to our 2008 contributors
See the latest list of the generous contributors to the Ohio Credit
Union Foundation in 2008.
Read more |
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VITA
programs present a low-cost,
high-impact outreach opportunity
Partnering with the Internal
Revenue Service’s (IRS) to Volunteer Income Tax Assistance
(VITA) Program to offer free tax help to low- to
moderate-income people is an excellent low-cost,
high-impact outreach opportunity. Grants are also
available to help. Read
more |
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Ohio CU Foundation Press Room
A Press Room has been created for the Ohio Credit Union
Foundation Web page. Read the Foundation's latest
press releases. |
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Our Mission
The Ohio Credit Union Foundation supports
educational and outreach initiatives that promote financial
independence through credit unions.
Who We Are
The Ohio Credit Union Foundation, a 501(c)(3) public charitable
foundation, is the philanthropic arm of the Ohio Credit Union
System. The OCUF was incorporated in December 1997, began
fundraising in 1998, and made its first grants in 1999. The
Foundation proudly celebrated its 10-year anniversary in
2008.
What We Do
The Ohio Credit Union Foundation is active in and dedicated to:
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Promoting financial education to benefit credit union
members, Ohio students, and the public at large; |
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Helping credit unions implement programs within their
communities that fulfill their social responsibility to
make financial services affordable and accessible to all
members, including those of modest means, or to areas in
financial distress; |
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Providing professional development grants to assist credit
union employees and volunteer leaders with the training to
achieve professional excellence; |
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Offering financial relief to credit unions, their
employees, members, and their communities in the wake of
disasters such as floods, earthquakes, tornadoes, or
fires; and |
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Empowering people to improve their financial well-being,
based on the values of self-help, self-responsibility,
democracy, equality, and equity. |
See the Foundation's accomplishments during
2008. |
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In 2009
The Ohio Credit Union Foundation has a fundraising goal of
$260,000 and grant making goal of $250,000.
Credit unions are encouraged to focus on outreach
and financial education programs in 2009, especially in light of
the 2010 effective date for the state's impending financial
education mandate. |
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