COCONUT GROVE, Fla.-Credit unions that serve firefighters have formed a new group called The Coalition of Firefighter Credit Unions. Formed during a meeting of firefighter CUs, the coalition is comprised of representatives from 26 of the nation's 105 identified firefighter credit unions primarily representing firefighters.
According to the group, "CFCU seeks to leverage its collective resources to further the growth, development and interests of firefighter credit unions nationwide, by accomplishing these goals: represent firefighter CUs to external audiences: provide educational and informational exchange opportunities, and promote firefighter credit union's safety and soundness and financial strength.
Grant Sheehan, CEO with Miami Firefighters FCU, was named chairman of the Coalition.
Meanwhile, more than 180 firefighter credit union officials, spouses, and guests turned out here for the seventh annual conference for credit unions serving the firefighter community. Among those addressing the meeting were NCUA Vice Chairman Rodney Hood, economist Dr. Jim Hagerbaumer, and Richard Wagner, a director with Municipal CU in New York City, who shared some of the challenges his credit union faced during the 9/11 disaster which occurred within blocks of the credit union.
