2005

Pete Crear becomes the 1st African-American President and Chief Executive Officer of the World Council of Credit Unions in May of 2005.
October 2005 - When Hurricane Katrina hit New Orleans, the AACUC was one of the early credit union organizations to respond with an assessment team of volunteers to assist the credit unions.
November 15, 2005 - Rodney E. Hood was appointed by President George W. Bush to a seat on the board of the National Credit Union Administration (NCUA). November 30, 2005, the NCUA Board elected Mr. Hood to serve as the Vice Chairman of the Board.

SWAMI Scholarship
AACUC has partnered with the World Council of Credit Unions and the Strathmore University which has developed a comprehensive training program for senior management staff, aspiring managers and board members. SWAMI is designed to give SACCO board members and management the inside track in achieving career success.
In an effort to continue support to the country of South Africa, the AACUC Board adopted this partnership four years ago. So far, AACUC has paved the way for twelve students to continue their education.
Both board members and management students will come together and take a series of courses, which prepare them to handle the challenges SACCOs face in today’s changing environments. The management students will come in on Monday to begin their course of study, then the board member students will join them later in the week. In some cases, they will be learning together in a joint classroom setting.