2004

The African-American Credit Union Coalition (AACUC) and The Credit Union Executives Society (CUES) offer a scholarship to an AACUC member to attend the following renowned CEO Institute Programs:
CEO Institute I
-Strategic Planning University of Pennsylvania at the The Wharton School
CEO Institute II
-Organizational Effectiveness at Cornell University
Johnson Graduate School of Management
CEO Institute III
Strategic Leadership Development at the University of Virginia
Darden Graduate School of Business Administration

The scholarship pays the full tuition for all three segments of the CEO Institute, including costs of rooming and most meals. The curriculum and instructional materials for the CEO Institute have been developed through extensive, ongoing research by the host schools of the CUES' University Consortium. One week a year, students will participate in an advanced curriculum that is guaranteed to provide you with the most compelling educational experiences available today. The curriculum and instructional materials for the CEO Institute have been developed through extensive, ongoing research by the host schools of the

Pete Crear Fund
In 2004 the African-American Credit Union Coalition and the National Credit Union Foundation formed an alliance to fund AACUC's various outreach programs. The Pete Crear Community Investment Fund, named for World Council of Credit Unionís President/CEO, Pete Crear, will be used to help fund AACUC's financial literacy/education and minority internship programs and small credit union development. The Pete Crear Fund is a donor-designated fund within the NCUF's Community Investment Fund (CIF). The way it works is half of the NCUF's return on a credit union's earmarked Pete Crear Fund will be distributed, pro rata, back to the league and/or state credit union foundation in the state of investment origin. Investment options include a 5-year fixed rate CD, 3-year fixed-rate CD or a 90-day account. The distribution will be a 50/50 split between the investing credit union and NCUF with a 2% cap to NCUF. NCUF's portion is then split between AACUC and pro rata to the league or foundation in the state of investment origin credit unions.