The African-American Credit Union Coalition (AACUC) was created to increase the strength of the global credit union movement.
The African-American Credit Union Coalition (AACUC) is a non-profit organization of African-American and African descent professionals and volunteers in the Credit Union movement.
AACUC was formally established and incorporated in St. Louis, Missouri in 1999. AACUC was first conceived by a few visionaries during annual CUNA Governmental Affairs Conferences in Washington, DC. Prior to its formation, African-American and African descent credit union professionals had organized social meetings to discuss how to form the AACUC. When African-American credit union professionals and volunteers from different parts of the country began to discover the value of information-sharing among each other, the visionaries held their first formal organizational meeting at Andrews Federal Credit Union in Suitland, MD. Over the years, AACUC has grown and is ever changing to meet the needs of the dynamic credit union movement which it serves. It has become an all-encompassing organization for individuals (professional and volunteers) in Credit Unions, Insurance, Regulators, Consultants and other entities in the credit union movement.
Affiliation with AACUC offers a unique opportunity to influence and shape the credit union movement and its governmental affairs. AACUC promotes personal and professional growth of its members as well as collectively articulating concerns and advocating resources to improve the economic development of surrounding communities that are often under-served by majority financial institutions.
AACUC supports programs that offer benefits for African-American and African descent credit union professionals and volunteers, credit unions, and credit union vendor partners. The goals and objectives include expanding the interest and increasing the numbers of minorities in the credit union movement; increasing outreach of the credit union movement in African countries and in the United States through credit union mentoring; providing scholarship programs and educational opportunities to credit union professionals and volunteers towards professional development and advancement; and most importantly enhancing internship and scholarship programs for African-American and African descent college students in pursuit of financial services careers to introduce them to and encourage them to seek employment within the credit union movement.