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BRAMA, December 6, 2000, 11:00am EST


Tamara Denysenko joins U.S.-Ukraine Foundation’s Board of Directors

Washington, December 1, 2000 -- The U.S.-Ukraine Foundation’s Board of Directors unanimously elected Tamara Denysenko, General Manager and CEO of the Rochester Ukrainian Federal Credit Union and Chairman of the Ukrainian National Credit Union Association, as a new member with a two year term.

The U.S.-Ukraine Foundation (USUF), founded in 1991, is a not-for-profit, non-governmental organization whose goal is to facilitate democratic development, encourage free market reform and enhance human rights in Ukraine. The Foundation creates and sustains channels of communication between the United States and Ukraine, in order to build peace and prosperity through an exchange of information. The Foundation is dedicated to strengthening the mutual objectives of both nations and advancing Ukraine as a cornerstone of regional stability, and a full partner in the community of nations. Headquartered in Washington, DC, USUF also operates in 5 cities in Ukraine – Kyiv, Lviv, Cherkasy, Donetsk, and Kherson.

"I am thrilled that Ms. Denysenko has agreed to join our Board of Directors. She will be an invaluable asset to our Foundation," said Nadia McConnell, President of USUF. "Her experience with credit unions and community development will bring an added dimension to the Foundation’s work in Ukraine and the United States. Tamara also joins us at a strategic time in the Foundation’s development, as we will be celebrating our tenth anniversary in 2001 and looking forward to our second decade of work!"

Ms. Denysenko has been a resident of the Rochester area and active in the Ukrainian-American community for over 30 years. For the past ten years, she has been traveling to Ukraine reintroducing Ukrainian credit unions and providing humanitarian aid there.

Ms. Denysenko has served as the treasurer of the World Council of Ukrainian Cooperatives which represents credit unions in the U.S., Canada, Australia and Ukraine. In 1997 she became president of the Rochester District of the New York State Credit Union League, a position she holds to the present day. For more than seven years, she was the chairman of the Irondequiot-Poltava Sister Cities Committee. She has also assisted the U.S.-Ukraine Foundation on various projects in the past and is familiar with USUF’s activities.

In recognition of her achievements, Ms. Denysenko received a Silver Award from the World Council of Credit Union, Certificates of Appreciation from the Ukrainian Ambassador to the United States and from the Ukrainian Credit Union Training Center in Kyiv. This past year, Ms. Denysenko was selected to receive the New York State Woman of Distinction award by State Senator James Alesi.

In joining USUF’s Board of Directors, Ms. Denysenko will be working with members Walter Baranetsky, Bohdan Burachinsky, Katherine Chumachenko, Michael Kostiw, Robert A. McConnell and George Sierant.

For more information about the work of the Foundation contact the U.S.-Ukraine Foundation, 733 15th Street NW, Suite 1026, Washington, DC 20005. (Tel.: 202-347-4264, Fax: 202-347-4267, E-mail: usuf@usukraine.org, Homepage: www.usukraine.org.)


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