Hands with dollar sign bag and white light bulb Credit/Adobe Stock.

The CU De Novo Collective Foundation said Tuesday it launched a Louise Herring Fund to support new credit union charters.

"Establishing the Louise Herring Fund is a tribute to Louise's enduring legacy and her unwavering commitment to financial democracy and community service," Denise Wymore,  president and board chair of the foundation, said. "We are dedicated to carrying forward her vision by empowering new credit unions to serve their communities, especially those that are underserved by traditional financial institutions."

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