WASHINGTON – The credit union community has pledge $2 million to help build and maintain a memorial to the Rev. Martin Luther Kind that is being built in Washington. Members of the African-American CU Coalition have pledged to raise half of that, $1 million. The Coalition has already received pledges for about $280,000 for the project, which is slated for completion in 2008. Plans call for a statute and memorial to be built on the National Mall, near the Lincoln Memorial. The credit union contribution is expected to be contributed to a $34 million trust fund that will pay for maintenance of the memorial.
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