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CU System
Mid-Atlantic FCU up for national public service award
GERMANTOWN, Md. (1/25/11)--Mid-Atlantic FCU is a local nominee for the Jefferson Awards, a national recognition system honoring community and public service in the U.S. The Jefferson Awards are presented on two levels: national and local. They began in 1972 to create a Nobel Prize for public service. Mid-Atlantic FCU, with $242 million in assets, based in Germantown, Md., has created a separate senior position to oversee its philanthropic activities, and its 60 employees each get eight hours of paid leave per quarter to volunteer in the community (Washington Business Journal Jan. 21). The credit union raised $27,187 in 2009, and more than $32,000 in 2010. The fundraisers included an annual golf tournament that benefits autistic people and the American Cancer Society’s Relay for Life. One initiative is the Mid-Atlantic FCU’s series of free business seminars, known as the Small Business University. The seminars help small businesses raise capital, share ideas and network with other local businesses. About 20 seminars were held in 2010. Last year, credit union employees volunteered to rebuild the house of an elderly woman who had trouble walking. Other initiatives provide assistance on a broader scale. Through Women Who Care Ministries and Interfaith Works, the credit union provides nine different snack items weekly to 35 needy students during the school year.
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