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Friends of the Foundation

The New York Credit Union Foundation is the philanthropic heartbeat of the New York Credit Union Association. As a committed 501©(3) public charity, we are fueled by the generous contributions of organizations and individuals dedicated to making a tangible impact on the lives of New Yorkers. Our mission is clear and compelling: to positively impact New Yorkers through credit unions.

 

When you become a Friend of the Foundation, you will gain several exclusive member benefits:

  • Champion the People Helping People philosophy through monetary and system support
  • Receive an electronic newsletter from the Foundation on resources, programs, and upcoming events
  • Become eligible for membership opportunities with participating credit unions to access financial products and services
  • Access free credit builder services and financial education through Remynt. Remynt is a credit and debt recovery company dedicated to promoting financial wellness. Learn more at https://getremynt.com/creditbuilder/
  • Opportunity to elect a delegate to the New York Credit Union Foundation to represent the interests of the membership

Friend of the Foundation FAQs

No. Only credit unions with an occupational charter (single or multiple common bond) or credit unions with an associational charter can add the New York Credit Union Foundation to its field of membership. Community chartered credit unions are unable to add the Foundation to its field of membership.

  1. The New York Credit Union Foundation will prepare a sponsor letter requesting that your credit union add the Foundation as an Affiliate Association to your approved field of membership.
  2. The Foundation will provide said letter and Foundation bylaws to the credit union.
  3. The credit union will submit the letter and the Foundation Trust Agreement to the NCUA or State Regulator for approval. The credit union will also need to submit the request pursuant to the procedures required by their regulator.

There are a couple of different options for submitting Friends’ names, contact information and membership dues to the Foundation. Foundation staff will work with each credit union to determine the best option to ensure compliance and facilitation of necessary information.

  • Expands the credit unions reach
  • Increases overall credit union awareness and membership
  • Maximizes resources – People Helping People

The initial membership cost to become a Friend (member) of the Foundation is $10. Friends will have the opportunity to renew their membership for $5 on their membership anniversary date.

Yes, a Friend (member) is considered a life-long member of the credit union after their credit union after the initial membership fee has been paid, however they will no longer receive Friends of the Foundation membership benefits should they choose not to renew.

  1. One month of complimentary access to the Remynt credit builder program, which includes access to personal financial management tools. See more at getremynt.com/creditbuilder/
  2. 25% discount on continued service after the free month
  3. Quarterly financial wellness newsletter exclusively for foundation members

For more information on membership benefits or how to get more involved with the Foundation, reach out to Foundation staff today by emailing us at info@nycuf.org

 Friends of the Foundation

helpsupportnewyork

Support the New York Credit Union Foundation in our mission of positively impacting New Yorkers through credit unions.

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