Credit Union Foundation of Maryland and the District of Columbia

Our Mission The Credit Union Foundation MD|DC improves lives by working with credit unions in Maryland and the District of Columbia to support financial self-sufficiency and personal, affordable financial services. History The Credit Union Foundation MD|DC was founded in 1991 by the Credit Union Insurance Corporation (C.U.I.C.), a deposit insurance corporation that served state-chartered credit unions in Maryland. It was originally named the CUIC Foundation. Its purpose was to promote the ideals of credit unions, such as their non-profit structure, member ownership, personalized service, and cooperative spirit. In 2004, the Foundation was restructured and renamed the Maryland Credit Union Foundation. It was seeded with a $2.4 million endowment when C.U.I.C. was dissolved. In 2006, in an effort to better reflect the Foundation’s growing outreach, its name was changed to The Credit Union Foundation of Maryland and the District of Columbia. That same year, the Foundation began receiving charitable support for its programs from credit unions, individuals, businesses, and the community at large. Committed to Community The Credit Union Foundation MD|DC is a 501(c)(3) nonprofit organization. We're dedicated to improving lives by helping credit unions better serve their members and communities with an emphasis on financial literacy, emerging credit union support, workforce development, professional development and education, and leadership development.