CLEVELAND, August 3 — Don M. Hahs, BLET National President, announced today that the Franklin P. Greene Fund has suspended lending for the time being.
The Franklin P. Greene Educational Loan Fund was established in 1956 and provides low interest loans for higher education to the children of BLET members. Its foundation was stipulated in the will of Brother Greene, a member of BLE Division 266 (Gladstone, Mich.). Brother Greene left an estate in trust of the BLE with instructions that the funds be available for loans to sons (and now daughters) of U.S. locomotive engineers, living or deceased.
Notification of the resumption in lending will occur when funds are sufficient. Please direct questions to Jenny Berndt in the BLET Accounting Office at: (216) 241-2630, ext. 211 or berndt@ble-t.org.