MADISON, Wis—As the season of giving comes to an end, the CEOs of two credit unions are challenging their peers to support the Worldwide Foundation for Credit Unions’ Bridge the Gap campaign.
Bill Cheney, CEO of SchoolsFirst Federal Credit Union, and Dwayne Naylor, CEO of Local Government Federal Credit Union, are calling on other credit unions around the world to support the initiative, and to that end each CU has pledged $50,000 to Bridge the Gap.
The Worldwide Foundation said credit union communities across Latin America, Ukraine and Africa are being supported by World Council International Projects that partner with national credit union associations to reach the underserved.
Making the World a Better Place
"The world is a better place with more credit unions in it. The transformational work of Worldwide Foundation for Credit Unions, in partnership with World Council of Credit Unions, is essential to growing and sustaining the credit union model, bringing financial inclusion and well-being to millions of lives every day,” Cheney and Naylor said in a joint statement. “SchoolsFirst FCU and Local Government FCU are proud to challenge our U.S. colleagues during this giving season to match us dollar-for-dollar—in order to complete the Foundation's 2022 Bridge the Gap campaign.
“With a total of $100,000 in matched funding, the Foundation's work can continue to compliment active and proposed World Council projects worldwide,” the statement continued. “Every credit union has a part to play in expanding our model of serving members, and that is what our commitment and challenge to Worldwide Foundation for Credit Unions is all about."
Through Dec. 31, donations to meet the $100,000 challenge can be made online at https://www.doglobalgood.org/donate/give, the organization said.
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