Neighborhood Reinvestment Commends
New Hampshire Credit Unions

March 1, 2004 -- At a recent conference of the Credit Union National Association (CUNA), Kenneth D. Wade, Neighborhood Reinvestment Corporation executive director, commended the credit unions of New Hampshire and the New Hampshire Credit Union League for their partnership with NeighborWorks organizations. This partnership has produced a $35 million pledge from the credit unions to establish a fund to provide affordable housing, counseling and loan programs in the state. View article.

"I'm confident that if more credit union officials were aware of the benefits that NeighborWorks organizations could provide their members and potential members, they would be eager to explore partnership opportunities," said Deborah Matz, the NCUA representative on Neighborhood Reinvestment's board of directors.

Wade and Matz presented the commendation on behalf of Neighborhood Reinvestment's board of directors to Daniel Egan, president of the New Hampshire Credit Union League. In brief remarks, Wade said, "Our success in America's neighborhoods relies on our ability to innovate and on our ability to create partnerships. Debbie Matz and Dennis Dollar [NCUA chairman], through their leadership, have helped us and locally-based NeighborWorks organizations on both fronts."

The conference was one of the largest in credit union history, with more than 3,800 attendees. Many credit union representatives said they planned to contact their NeighborWorks affiliates when they returned home.

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