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CU System
N.Y.s IMore ReportI outlines CUs outreach efforts
ALBANY, N.Y. (4/30/10)--The Credit Union Association of New York has released its 2009 More Report, an annual compilation of New York credit unions’ outreach efforts. The report, which stands for Member Outreach and Reinvestment Endeavor, is shared with lawmakers to offer evidence of how the state’s credit unions are fulfilling their mission. Stories in this year’s report note:
* Genesee Co-op FCU’s Family Aid loan program for members whose relatives are overseas or living as refugees. Members use the loans to assist their families with medical expenses, education costs and transportation out of refugee camps. Genesee, Rochester, N.Y., provided more than 100 loans totaling $267,000. * Jamestown (N.Y.) Area Community FCU’s New York Gear Up program, which helps at-risk students in junior high and high school attend college. Credit union employees mentor the students and encourage them to stay in school and pursue a college education. * ServU FCU’s Volunteer Income Tax Assistance (VITA) site, which the credit union has offered for six years. Employees volunteered their time to provide free tax preparation to the public. The Painted Post, N.Y.-based credit union completed 315 filings with combined state and federal returns totaling more than $560,000 in 2009.
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