National Credit Union Foundation Honors Disaster Relief Efforts

FOR IMMEDIATE RELEASE

San Diego, Calif., March 10, 2006 – In a continuing effort to support the National Credit Union Foundation’s Disaster Relief Fund, two CEOs from across the country joined forces to record Paul Simon’s song, “Bridge Over Troubled Water.” The collaboration included Mary Cunningham, President/CEO of USA Federal Credit Union in California and chairperson of the National Credit Union Foundation, as vocalist and Steve Winninger, President/CEO of State Employees Credit Union in Michigan, as pianist.

The recording was part of a multi-media presentation at the Herb Wegner Memorial Awards Dinner held Sunday, February 26 during the 2006 Governmental Affairs Conference in Washington D.C. The presentation was an overview of the efforts of the Foundation to provide relief and support for credit unions affected by the hurricanes and its aftermath.

This was Mary and Steve’s second performance at the prestigious awards banquet. Last year, they performed live, “America the Beautiful” in front of 800 guests gathered to honor the award recipients.

“The devastation caused by Hurricanes Katrina and Rita is unprecedented,” said Cunningham. “Our fundamental principle of “People Helping People” shined through with an unprecedented $3.2 million raised and still growing to help the credit unions affected by this disaster become operational so they were able to serve their members.”

“People across America are working together to rebuild the Gulf Coast region. Together, we can make a difference in helping our fellow Americans rebuild their lives,” said Winninger. “It was a pleasure and honor to work with Mary on this recording for such a worthwhile cause.”

State Employees Credit Union was established in 1952 and its 88,000 members have grown the credit union to more than $774 million in assets. All persons living, working, attending school, or worshiping in a 28-county Mid-Michigan area can join SECU. Members are served through SECU’s 290 employees in 14 offices located in the Lansing area, Mt. Pleasant, Hastings, Grand Haven, Holland, and Jenison. Winninger has been CEO at SECU for almost 15 years.

About USA Federal
With more than 60,000 members and $680 million in assets, USA Federal Credit Union (headquartered in San Diego) operates 19 branches, including locations in San Diego, Murrieta, and Temecula (CA), Las Vegas (NV), Japan and Korea. Members of this non-profit financial cooperative include the military, civilians and select employee groups. Founded in 1953 at the Naval Training Center in San Diego, USA Federal offers a full range of financial services including business services and consumer savings, checking, mortgage and home equity loans, auto loans, debit and credit cards, share term certificates, and IRAs. Online services include eStatements, Online Banking and Bill Pay with Money HQ and online loan applications and approval. Additional services include the BALANCE financial fitness program, and investment and retirement planning offered by MEMBERS Financial Services. This credit union is federally insured by the National Credit Union Administration. Visit www.usafedcu.org or call (800) 220-1USA (1872) or (858) 831-8100 for more information.

###

Note: USA Federal maintains the above information for archival purposes, which is presumed accurate upon release, however, data may become outdated over time and affect accuracy.