Central 1 Credit Union $1 Million in funding
CENTRAL 1 CREDIT UNION $1 MILLION GIFT FUNDS
APRIL 3, 2012
Central 1 Credit Union is donating almost $1 million over the next five years to the University of Victoria’s Centre for Co-operative and Community-Based Economy (CCCBE)—a gift that could increase if the province’s 1.7 million credit union membership expands as well. The financial contribution is based on a unique funding arrangement of nine cents per British Columbia credit union member.
“This is an extraordinary gift, especially given that Central 1 Credit Union has already been extremely generous to the centre with previous contributions of over $1.24 million over the past 12 years,” says UVic Vice President External Relations Valerie Kuehne. “This generous gift will permit the centre to continue its focus on enhancing UVic’s connections to the credit union and cooperative sectors while increasing integration with the academic community, both at the university and beyond.” Press Release