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The United Way of Wayne County is getting ready to kick off its 2021 campaign with frontrunners who set the pace of the annual fundraising effort.
The frontrunners campaign begins July 12 and ends Aug. 15, with the United Wayâs annual campaign officially starting Aug. 19.
The frontrunners campaign, which includes major investors, used to be the pacesetters campaign, which began in Wayne County in the 1960s to set the pace for the rest of the drive.
In 1964, 23 pacesetters raised $35,568, 22% of that yearâs goal. In 1966, 41 pacesetters had a goal to raise $62,000. By 1978, the number of pacesetters decreased to 12, which raised nearly $106,897 toward the annual campaign goal of $473,200.
More Than 110 Organizations Will Participate in the FedNow Pilot Program
The
US Federal Reserve has announced that more than 110 organizations will participate in the FedNow Pilot Program.
FedNow is a payments initiative to speed up payments and transfers. A consultation with a variety of stakeholders took place in 2018 with the concept of FedNow emerging as a new interbank real-time service seeking to support instant payments in the United States.
Esther George, President and CEO of the
Federal Reserve Bank of Kansas City and executive sponsor of the Federal Reserve’s payments improvement initiatives, stated:
“We’re gratified by the industry’s tremendous interest and willingness to devote time and energy to help us develop the FedNow Service. As a result, we’ve adjusted to accommodate more participants than we originally planned.”