One of our favorite parts of providing software solutions to credit unions is giving them the tools to serve the members of their communities and change lives for the better. Not only do credit unions provide an excellent member experience for lending and deposit accounts, but they also make it a priority to serve their communities in multiple charitable ways.
In honor of Thanksgiving we wanted to highlight 5 credit unions that go above and beyond the four walls for their financial institution in serving their communities. They truly live out their mission statements of service, which stretch far beyond the month of November.
Chartway Federal Credit Union
Chartway Federal Credit Union’s We Promise Foundation has raised nearly $700,000 to help the children and families of children who are facing medical challenges, this year alone. The We Promise Foundation is Chartway Federal Credit Union’s charitable arm. Their goal is to strengthen the community by partnering with companion charities, sponsors, and contributors to assist financially by helping support the dreams and wishes of children who are facing medical challenges. Since 1999, the credit union and it’s We Promise Foundation has raised over $10.5 million to provide life-changing experiences that bring joy, hope and smiles to children facing medical hardship or illness.
Coastal Credit Union
Image Source: https://bit.ly/33oi9fJ
Since its launch in 2011, the Coastal Credit Union Foundation has provided more than $1 million in community grants. In 2011, the foundation awarded $18,000 in grants to just two nonprofits. By 2016, their annual contributions had grown to over $300,000. And In 2018, they distributed their one millionth overall dollar in community grants. The Annual Power of Sharing Gala (pictured above) was created in 2016 as a way to bring together area nonprofit organizations to showcase the work they do.
GTE Financial lives their belief of, “people helping people”. Their charitable mission is to benefit the community through their support of local philanthropies, organizations, charities and initiatives that further the reach and impact of financial literacy and home ownership, with a special interest in helping to build personal prosperity. GTE has donated $610,000 to local charities in 2018! Pictured about is one of their raffle winners. All proceeds of their raffle has gone to the local Boys and Girls Club.
America First Credit Union
For the past 15 years, America First Credit Union has been participating in a local community food drive. Their goal for 2019 was, 15,000 pounds of food which their employees surpassed by collecting over 22,000 pounds of nonperishable foods for families in the Riverdale, UT community.
Redwood Credit Union
Redwood Credit Union is located within the region of California that is constantly impacted by wildfires. The credit union makes it a priority to help their members and affected members of the community receive financial assistance. They have various options for loans with 0% APR, reduction of auto loan interest rates, and emergency credit card line increases.