Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Food clothing needs met by CUs
MADISON, Wis. (12/22/10)--The holidays are often associated with good food, comfort and sharing. Credit unions nationwide are making special efforts to ensure that everyone in their communities is well-fed and warm during what can be a trying time for many. While the intent is similar in nearly every case, every credit union seems to come up with a unique, fun way to share the holiday spirit.
Proudly showing off new hats, mittens and scarves, these students at Madison School, Manistee, Mich., were among the beneficiaries of winter clothing collected by Filer CU. (Photo provided by the Michigan Credit Union League.)
* Employees and members of Filer CU, Manistee, Mich., participated in a drive to collect warm weather wear (Michigan Monitor Dec. 13). Hats, mittens and scarves were donated to both local schools and the Family Independence Agency. Also, members of Filer CU received a special holiday reward from the credit union: a 2% bonus on share dividends and loan interest. Filer CU paid a total of almost $50,000 to members. * In Pittsfield, Mass., Greylock FCU donated warm clothing for 75 children through Berkshire County Action Council’s (BCAC) Holiday Clothing Program. “All year long we have held celebrations of Greylock’s 75th Anniversary in our branches,” said Greylock FCU President/CEO Marilyn L. Sperling. “We thought this would be a fitting way to conclude the celebrations--by giving 75 children warm clothing for the winter.” BCAC Holiday Clothing Program is in the second year of returning to its original purpose of providing warm clothing for local children from low-income families.
Click to view larger image Marilyn Sperling, (left) president/CEO of Greylock FCU, Pittsfield, Mass., and Victoria May, assistant vice president, marketing promotions and partnerships manager, display some of the warm clothing the credit union collected to keep 75 children warm this winter. (Photo provided by Greylock FCU.)
* Blackhawk Community CU, Janesville, Wis., recently held a kids winter clothing drive for the five schools in the Delavan-Darien School District. The drive resulted in hundreds of items donated--coats, hats, mittens, gloves, snow pants, boots, and even hand-made scarves. The credit union also collected about $250 for the schools, which will be used to purchase additional clothing items needed by students, but not collected in the drive. * The Pennsylvania Credit Union Association provided the credit card machines to process all payments and paid the interchange fee for Coats for Kids telethon on Dec, 10, so that 100% of all contributions could go to the Salvation Army (Life is a Highway Dec. 13). About 400 Visa/MasterCard transactions, for a total of $43,100, were processed. The 22nd annual drive, sponsored by WGAL Channel 8, raised $301,328 for Salvation Army branches in Harrisburg, Lancaster, Lebanon, York, Carlisle, and Reading. A team of association employees also participated in a one-hour shift to answer phones and take donations.
Click to view larger image Kelly Herwald, (left) branch manager of Blackhawk Community CU’s Delavan, Wis., branch presented clothing and a check to Wileman Elementary School Principal Donna Sorensen. The credit union collected for five schools in the district. (Photo provided by Blackhawk Community CU.)
* In Roy, Utah, America First CU, in partnership with JC Penney, provided shoes to 500 children. The credit union has given out shoes annually as part of its shoes for the needy Christmas promotion since 1993. To date, it has provided 52,337 pairs of shoes. American First CU gave 300 pairs of shoes to elementary school students, as well as 100 military children at Hill Air Force Base and 100 children through the Box Elder County social services. The program is funded entirely by donations from credit union members and employees. America First CU employees also volunteer their time to measure each child’s feet. * Pacific Service CU, Walnut Creek, Calif., will provide nearly 96,000 meals for individuals and families this holiday season. With the 2010 donations added to funds collected last year, Pacific Service CU has provided 220,000 holiday meals to those in need in the communities it serves. * People in need living in central Missouri will have food to eat thanks to the efforts of Conservation Employees CU, Jefferson City (The Missouri difference Dec. 10). Credit union staff joined in a food drive with the Missouri Department of Conservation to collect food for the Samaritan Center, a local food bank. The drive, which took place Dec. 6, brought in more than 4,800 items. * AA CU, Fort Worth, Texas, presented the North Texas Food Bank (NTFB) with a $3,090 donation after the credit union’s week-long virtual canned food drive. Early this month, credit union employees participated in a special Dress Down Days fund-raiser, contributing $5 a day or $20 for the entire week in exchange wearing jeans and sneakers to work. The drive was part of the NTFB’s Close the Gap on Hunger in North Texas campaign. Close the Gap is the NTFB’s three-year initiative to unite the community to narrow the food gap by providing access to 50 million meals annually by 2011.


News Now LiveWire
Credit card issuers could see a reduced burden for 1 year under a @CFPB proposal issued this week. News Now:
6 hours ago
RT @CUEscan: Branches Will Be the Cornerstone of Growth
7 hours ago
RT @asmarterchoice: According to @Bankrate study, customers more likely to find FREE checking at #Creditunion than a bank!…
7 hours ago
Ditch monthly subscriptions to save $$, @YoungFreeMI Fielder tells @freep #ASW2015
7 hours ago
.@federalreserve extends comment period for capital surcharges on systemically important U.S. bank holding cos.
8 hours ago