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The Federation Celebrates Growth; First Financial Literacy Day In San Francisco

The Federation, the shorter (and more to the point) name for the National Federation of Community Development Credit Unions, has seen some hard times, admits Executive Director Cliff Rosenthal, but like the Broadway song, "I'm still here" (from "Follies") it has rolled along, racking up accomplishments and defying doubters.

By Staff Writer | Updated on November 06, 2007

NEW YORK CITY — The Federation, the shorter (and more to the point) name for the National Federation of Community Development Credit Unions, has seen some hard times, admits Executive Director Cliff Rosenthal, but like the Broadway song, “I’m still here” (from “Follies”) it has rolled along, racking up accomplishments and defying doubters.

Early last week NCUA Board Chairwoman JoAnn Johnson attended the Federation’s 6th Annual Financial Literacy Day: Best Practices Forum at the Federal Reserve Bank of San Francisco, the first time the event has been held outside New York City. The more than 100 attendees viewed the 17-minute High Definition video of the Federation’s successfully brokered partnerships between large and small credit unions.

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