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African-American Credit Union Coalition announces Fiserv as corporate partner

By Pavithra R

December 02, 2020

  • African-American Credit Union
  • USA
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African-American Credit Union Coalition (AACUC), an organization dedicated to increasing the strength of the global credit union community, has announced Fiserv as its newest corporate partner.

The AACUC is a non-profit organization of African-American professionals and volunteers in the credit union industry. Under the partnership, Fiserv, in addition to supporting AACUC internship and mentorship programs will work with the Coalition to help identify specific research, analytics or technology needs of member credit unions and work to make needed capabilities more accessible. The firm has also announced its decision to make a monetary donation and champion events and initiatives such as the “I’ve got Five on It” Giving Tuesday campaign.

“As a year that has galvanized support for the African-American community comes to a close, we are looking toward the future along with organizations like Fiserv. The Fiserv corporate partnership will help our member credit unions support their people and communities during a time of national change and opportunity,” said Renée Sattiewhite, AACUC president and chief executive officer.

The AACUC commitment to increase diversity and eliminate discrimination both in the credit union industry and nationally aligns with “Forward Together”, the Fiserv commitment to diversity and inclusion. As a part of this, Fiserv is investing $10 mn in Black and minority-owned business through its Back2Business initiative. The corporate partnership with AACUC is expected to complement this effort.

“Fiserv works with credit unions of all sizes and charters, including many institutions focused on specific segments and underbanked communities. As we begin our work with AACUC, our team is looking forward to strengthening existing relationships and forging new ones with the diverse communities and professionals AACUC strives to empower,” said Derek Everett, general manager of Credit Union Solutions at Fiserv and the executive sponsor of the partnership.

Recently, Fiserv has announced the appointment of Denis J. O’Leary as Chairman of its Board of Directors.

Established since 1984, Fiserv is a global provider of payment and financial services technology. The FinTech aspires to move money and information in a way that moves the world. The FinTech is a member of the S&P 500 Index and the FORTUNE 500 and is among FORTUNE World’s Most Admired Companies.

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