The Toledo Urban Federal Credit Union announced a vibrant new partnership with the Toledo Museum of Art
that will generate essential growth, development, and economic investment in the Toledo neighborhoods both institutions call home. The museum recently opened an account at TUFCU, with an initial deposit of $125,000, and seeks to work with the credit union on future strategic lending and borrowing opportunities. In addition, the two organizations will collaborate with neighborhood partners to offer concurrent art education experiences for children and financial literacy opportunities for parents.
We look forward to building this dynamic relationship with the Toledo Museum of Art, an anchor institution in this community, which will benefit current and future credit union members while enhancing the vitality of our Junction neighborhood, said Suzette Cowell, CEO, Toledo Urban Federal Credit Union.
This partnership with TUFCU is a key part of the museums active outreach initiatives, which involve holistically and authentically serving the communities and organizations that surround TMAs campus, said Adam M. Levine, Edward Drummond and Florence Scott Libbey director and CEO at the Toledo Museum of Art.
Toledos first community development credit union, the Toledo Urban Federal Credit Union opened its doors to serve the central city community of Toledo in 1996. TUFCUs mission is to achieve economic empowerment through education for its members, to be active partners in the community and to operate responsibly for the benefit of community. It was recently named one of the fastest growing financial institutions of its kind in the country, with membership rapidly increasing and assets increasing to over $10 million.
Since its founding in 1901, the Toledo Museum of Art has earned a global reputation for the quality of its collections, innovative and extensive education programs and architecturally significant campus. Thanks to the benevolence of its founders, as well as the continued support of its members, TMA remains a privately endowed, non profit institution and opens its collection to the public, free of charge. The Museum seeks to become the model art museum in the country, leading the way in genuinely and creatively engaging its communities and fostering a sense of belonging for all its audiences