When the American explorer Richard E. Byrd sat alone in his hut in Antarctica in 1934, half frozen and half poisoned with carbon monoxide, he had an epiphany. Byrd wrote that he and other men of action in the exploration of the poles were risking their lives for no good reason. Byrd survived the ordeal, but his near-death experience diminished him. | eTurboNews | Trends | Travel News
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Historically Black Colleges and Universities (HBCUs) are more important than ever.
Perhaps you are wondering: “Well, what exactly is an HBCU? Or maybe you are saying to yourself: “Renee, why are HBCUs important to the credit union system?” Well friend, I’m glad you asked.
The 107 HBCUs across the country were established before the Civil Rights Act of 1964 with the mission to serve and educate the African American community. These epicenters of culture and higher education were founded on the belief that every individual ought to receive a strong education despite their ethnicity, race, or income level. With over 25% of African Americans earning their degree from an HBCU, it is no doubt that HBCUs have played an instrumental role in the development of African American professionals. I am a former instructor for Spelman College’s Continuing Education Department and my 7 years at the college were eye-opening.
Collaborating for diverse communities
February 5, 2021 by Casey Mysliwy, CU Magazine
Conversations about racial justice have taken place at many credit unions in recent days. At USC Credit Union in Los Angeles, Calif., those conversations led to initiatives for better serving the needs of members, employees, and the community of South Los Angeles.
But it also inspired an idea for making a difference beyond the $675 million credit union’s immediate footprint: the concept of a credit union that serves historically black colleges and universities (HBCUs).
“We challenged ourselves to look at how the credit union community could impact the lives of people of color,” says Gary Perez, president/CEO of USC Credit Union. “We came up with this notion of credit unions coming together to create something that would have more impact than anything we as individual cooperatives could do.”