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New Jersey CUs Continue Support For Community Investment Fund

HIGHTSTOWN, N.J. - Investment levels are continuing to increase for the recently formed New Jersey Credit Union Foundation, and the recent addition of four new credit union investments brings New Jersey's fund to its highest levels yets. In March, Hamilton Horizons FCU committed a $60,000 investment; Unity FCU invested $5,000;...

By Staff Writer | Updated on June 08, 2004

HIGHTSTOWN, N.J. – Investment levels are continuing to increase for the recently formed New Jersey Credit Union Foundation, and the recent addition of four new credit union investments brings New Jersey’s fund to its highest levels yets. In March, Hamilton Horizons FCU committed a $60,000 investment; Unity FCU invested $5,000; and Bridgeton Onized FCU contributed $50,000. In April, Manville Area FCU invested $50,000. In total the investments bring the total fund value to nearly $4 million. We are extremely pleased with the response to the New Jersey Credit Union Foundation, said New Jersey Credit Union League President/CEO Tom Shaughnessy. The investment levels clearly demonstrate dedication to the credit union movement and commitment to small credit union development and financial literacy education programs, he added.

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