Missouri Farmers Union
 

FOR IMMEDIATE RELEASE
Contact: Amy Meyer
ameyer@missourifarmersunion.org
573-659-4787

Missouri Farmers Union Credit Union Awarded $50,000 Grant

JEFFERSON CITY (November 14, 2005) – The Missouri Farmers Union Credit Union (MFUCU) learned that it will have $50,000 to assist producers and rural communities in Missouri. The award from the National Credit Union Foundation (NCUF) will assist MFUCU in expanding its role as a rural financial institution and provide financial education to members and the public.

“We are pleased and honored to be the recipient of this NCUF grant, which has helped develop small credit unions and bolster economic activity,” said Steve Burdic President of MFUCU. “The credit union provides rural residents a way to reinvest wealth in their community to develop viable, local economies.”

According to Burdic, the grant award will allow MFUCU to demonstrate the important role a credit union plays by accumulating assets to rebuild endangered rural neighborhood communities. MFUCU will provide sources of capital for new and expanding business and organize community around neighborhood economic issues.

The grant is made possible by the NCUF, who has become the primary funding resource for national, state and local credit union development

Missouri Farmers Union Credit Union or MFUCU is a member-owned, federally insured financial cooperative concerned with the well-being of farm families and rural communities. The credit union serves its members with locations in Jefferson City, Mountain View and Paris.

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Missouri Farmers Union
325 Jefferson Street
Jefferson City, MO 65101
573-659-4787

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