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Pennsylvania Credit Union Foundation

The Pennsylvania Credit Union Foundation is a 501(c)3 charitable organization

What is the Pennsylvania Credit Union Foundation?

In the spirit of cooperation and unity, the Pennsylvania Credit Union Foundation was formed in 1996 to benefit credit unions, non-profit organization and communities as an indirect result of support requested and given by Pennsylvania credit unions to assist those impacted by the Oklahoma bombing, which occurred the year prior.  From the start, credit unions have rallied around the People Helping People philosophy and the Foundation provides the vehicle to allow Pennsylvania's credit unions to serve others throughout the state, the country and the world.

The Foundation is a non-profit, tax-exempt organization with a main purpose of providing credit unions and those within their communities with the resources needed to succeed.

Our Mission Statement:

The Pennsylvania Credit Union Foundation (PACUF) changes people's lives by promoting financial education, disaster relief and credit union relevance.

Some of the ways in which the Pennsylvania Credit Union Foundation works to help credit unions and other organizations include:

  • Supporting development by helping small credit unions to survive and new ones to form
  • Supporting strategic planning and marketing activities by small credit unions
  • Offering educational scholarships and training for credit union staff and volunteers
  • Helping community development, low-income designated community, and underserved credit unions to expand
  • Providing disaster relief grants
  • Partnering with the National Credit Union Foundation
  • Supporting financial literacy education for consumers of all ages

 

What Does the Foundation Do?

The Pennsylvania Credit Union Foundation has four primary areas of funding:  Financial Literacy initiatives; Small Credit Union Assistance; Professional Development; and Disaster Relief.  Working with credit unions, chapters and community organizations, the Foundation moves to achieve its mission of changing people's lives by promoting education, disaster relief and credit union relevance.

 

How Does the Foundation Help?

The Foundation has provided assistance in the following ways:

  • Financial Literacy funding examples:  Funding to open a student branch in a local high school; to purchase classroom materials; to provide adult financial literacy training for the unbanked and underbanked; and to help teens understand the importance of making sound financial decisions.
  • Small Credit Union Assistance examples:  Funding to conduct a marketing campaign to attract new members; to purchase upgraded computer hardware and software; and to assist with a changeover to EMV cards.
  • Professional Development grants have been given to credit union staff could attend the Judge/Bradley Leadership school; CUNA management training; and to participate in webinars.
  • This year, disaster relief was provided to a credit union that established a fund to assist a staff member with the loss of her home due to fire; to efforts to assist those impacted by the earthquake in Nepal; and to assist two credit unions in Haiti to stabilize and grow following the 2010 earthquake.

How Can I Get Involved?

Check the Foundation's Opportunities Catalog for a buffet of choices on how you, your credit union, or your business can be involved with the Foundation.  Don't see an option that works for you?  Contact us to discuss a custom opportunity.

Who Is the Foundation?

The work of the Foundation would not be possible without the generous support from credit unions, chapters, vendors, individuals, corporation and the Pennsylvania Credit Union Association.  Requests for funding are reviewed and approved by the Foundation's 13-member board of directors, based on guidelines developed to ensure that each dollar will be used for its greatest impact


 

       
       

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