Foundation to increase credit union’s philanthropic efforts and capabilities

Nusenda Credit Union, the largest credit union in New Mexico with more than 150,000 members, announces the formation of the Nusenda Foundation that will exist to support the credit union’s new and existing philanthropic programs, financial and technical innovations, and educational initiatives. Its mission is to create stronger communities where members live and work through collaborative partnerships and by investing in innovative solutions to improve education, health, social and economic outcomes.

“Nusenda Credit Union is deeply committed to the cooperative principles upon which we were founded that support community enrichment and advancement,” said Terry Laudick, CEO of Nusenda Credit Union and Chairman of the Nusenda Foundation board. “The establishment of the Nusenda Foundation affirms the credit union’s support for the community and intent to serve all New Mexicans. From our investment in education to our innovative programs that serve students, parents and local businesses, we work to do well so that we can do good.”

The Nusenda Foundation will operate as a 501 (c)(3) non-profit organization in partnership with the operations of the credit union. The Nusenda Foundation will support new and existing programs such as Community Rewards, Powering Success, Co-op Capital, Running Start for Careers, and more.

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