Credit unions are invited to register for a free webinar from MEMBERS Trust Company - "NCUF Charitable Lead Trust - A Charitable Investment to Match Your Charitable Intent." The 20-minute webinar will be held April 12, 2012 at 3:30 CT (1:30 PT | 4:30 PM ET).
> Click Here to Register
Webinar participants will get a chance to hear more about the Charitable Lead Trust Community Investment Fund (CIF) option from Tom Walker, President and CEO, and Jason Ritzenthaler, CFA, CTFA - Vice President, Trust & Investments, of MEMBERS Trust Company.
This week, Gwinnett FCU in Lawrenceville, Ga. joined other credit unions currently invested in the Charitable Lead Trust option by investing $1 million. With the new Charitable Lead Trust option, NCUF will receive annual payments calculated as a percentage of the market value of the assets held in the trust for a three- to five-year period. Unless donor credit union elects to renew the trust at the end of this payout period, the remaining assets in the trust will be returned to the credit union. Click here for a detailed FAQ on the new Charitable Lead Trust CIF Option.
Click Here to Read the News Release Announcing the Charitable Lead Trust Option
About MEMBERS Trust Company (memberstrust.com):
MEMBERS Trust Company, FSB is a special purpose savings bank chartered by the Office of Thrift Supervision and owned and managed by America's Credit Unions. The company was initially formed in 1987 by Suncoast Schools FCU and has over $900 million in assets under management.