Our Mission
The Credit Union Foundation MD|DC|DE improves lives by working with credit unions in Maryland and the District of Columbia to support financial self-sufficiency and personal, affordable financial services.
History
The Credit Union Foundation MD|DC|DE was founded in 1991 by the Credit Union Insurance Corporation (C.U.I.C.), a deposit insurance corporation that served state-chartered credit unions in Maryland. It was originally named the CUIC Foundation. Its purpose was to promote the ideals of credit unions, such as their non-profit structure, member ownership, personalized service, and cooperative spirit.
In 2004, the Foundation was restructured and renamed the Maryland Credit Union Foundation. It was seeded with a $2.4 million endowment when C.U.I.C. was dissolved.
In 2006, in an effort to better reflect the Foundation’s growing outreach, its name was changed to The Credit Union Foundation of Maryland and the District of Columbia. That same year, the Foundation began receiving charitable support for its programs from credit unions, individuals, businesses, and the community at large.
Founders
CUIC Board of Directors who created the Foundation:
C. Otis Hendrix, Fort Meade Community Credit Union
Ed Langville, U.S. Coast Guard Yard Credit Union
Don Agee, Maryland Credit Union League
Lisa Jester, Central Credit Union of Maryland
Charles Brackett, Post Office Credit Union of Maryland
Jerry Dooley, Fort Meade Community Credit Union
Dorothy George, Governor’s Appointee
Sandra Gossman, Lever Brothers Credit Union
John Jarosinski, White Eagle Credit Union
Dorothy Park, Central Credit Union
Brian Vittek, MTA Credit Union
