‘You’re truly doing God’s work’

Faith-based credit unions embrace the power of collaboration.

Clockwise from top left: Robin Hollis, Illinois Credit Union League; event attendees; Drs. Joronda and Hiram Crawford; Tom Sakash; Tom Kane; and Rodney Hood.

As a former church missionary in Africa, NCUA Chairman Rodney Hood imagined his life’s path would follow the ministry.

While his professional course veered from the church, he eventually found his true calling as a credit union evangelist.

“I never lost my urge for service, and that led me to banking and becoming the first African American to lead a federal banking agency,” says Hood, who addressed a virtual event last week celebrating the 10th anniversary of the Faith Based Credit Union Alliance. “There’s a clear connection between missionary work and community finance. Both are about building up communities and serving others.”

The Faith Based Credit Union Alliance provides training and other support for faith-based, low income-designated credit unions. The virtual event featured presentations by Hood,Illinois Credit Union System President/CEO Tom Kane, and Tom Sakash, CUNA’s manager of small credit union initiatives.

 

continue reading »