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36th Annual Conference on Serving the Underserved & 6th Latino Credit Union Conference | Pittsburgh, PA | June 9-12, 2010
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Federation Announces CU Development Corps
News from the Federation > What's New

Exchange Partnership with NCUF’s Development Educators Program

(February 27, 2007 – Washington, DC)  Today, the the Federation, publicly announced the Credit Union Development Corps, a new program that will create exchanges between Credit Union Development Educators (known as CUDEs, or more simply as DEs) and the Federation’s network of Community Development Credit Unions (CDCUs).

The new program will harness the extensive network DEs to create meaningful exchanges with established CDCUs across the country. 

DEs will visit CDCUs for up to two weeks, during which time they will have the opportunity to learn how these innovative institutions are able to effectively serve their low-income members with limited resources and staff.  Conversely, a representative from participating CDCUs will then spend one to two weeks at the DE’s institution learning about the typically-larger credit union’s programs and operations.

“These will be incredibly eye-opening experiences for the participants,” explained Rosenthal.  “In order for this program to work, it is essential that both parties learn from one another, and I am confident that will be the case.  We believe that these exchanges will create strong partnerships between the participating institutions -- partnerships that will bring together large and small CUs, foster the cooperative spirit, and create a stronger and more unified credit union movement.”

At the end of his presentation, Rosenthal jested about the elusive DE secret handshake. “Since my staff who are DEs won’t teach me the handshake, I created my own, which represents our vision of this program.”  Bringing his two hands together with the pointer fingers outstretched Rosenthal declared, “One: one movement, one philosophy!  This is our vision.”

The announcement was met by much enthusiasm from the standing-room only audience of DEs and credit union leaders, with a number of people volunteering on the spot to sign up.

Major support for this program has been provided by the Ford Foundation and by CUNA Mutual Group.

The Credit Union Development Corps will begin accepting applications from interested DEs in the coming days.  The program will be coordinated by Pamela Owens and Pablo DeFilippi on the Federation’s staff, both of whom are also Development Educators.  Tom Decker is coordinating the program for the National Credit Union Foundation, who has become the steward of the Development Educators Program.

CDCUs wishing to participate in this program should contact Pamela Owens at (800) 437-8711, Ext. 215 (powens@cdcu.coop), or Pablo DeFilippi at ext. 204 (pablo@cdcu.coop).  Interested DEs should contact Tom Decker at tom@hickorycreekconsulting.com.

 One Movement Handshake 2-27

 Rosenthal Shows the audience the new "One Movement" handshake of the Credit Union Development Corps.

 

© 2007 National Federation of Community Development Credit Unions.

 


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2010
Press Releases


Federation Training CUs in Service to Underserved: Registration Extended!

Federation Report Finds CDCUs Still Growing Despite Economy

CDCU Opens "Green" Branch in SF Skid Row

CU Breakthrough™ Sets Record for CDFI Certs

Federation to Expand Consulting and TA to CUs

NCUA's Matz Affirms Support for CDCI, CDCU Supervisory Letter

Mississippi CDCU Merges with Shreveport FCU

Community Lenders Hold Key to NYS Economy

Federation Announces Recipients of CDCUs' Highest Honor

NYC Celebrates Long Island City CDCU

NCUA, Treasury Modify CDCI "Viability" Standards for CDCUs

NY Senate Resolution Includes $15MM for CDFIs

CDCU CEO Named to Crain's "40 Under 40" List

Federation to Make $1M Available to Match CDCI

Community Development Investments Gets New Leader

Federation, NCUA Hosting Call on CDFI Capital Initiative

CDCUs Gain Access to Treasury Capital

Bloomberg Highlights CU Role in State of the City

Federation Hails CDFI Certification of CUs

CDCUs Merge to Expand Financial Services in CA's Central Valley


For press releases from previous years, please click here.




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