New York League Raises Funds To SupportSmall CUs
ALBANY, N.Y. - (02/14/06) -- The New York CU League announcedMonday that Empire Corporate FCU and two of its subsidiaries,Consolidated League Services and CUC Mortgage, have donated a totalof $375,000 to an endow a small credit union assistance fund in thename of Harold Korman, co-founder of the New York corporate. Thefunds from the Harold Korman Endowment will be used to provideprofessional development grants, technology grants and financeworkshops for the state's small credit unions. The goal for thefund is to raise $1 million. Korman, who died in 2005, served aschairman of Empire Corporate, chairman of the New York league, anda director of CUNA Mutual, while he was president of BrooklynJENAPO FCU and Independent CU.