Members First Credit Union Raises the Bar for Charitable Giving
March 04, 2019
Members First Credit Union Raises the Bar for Charitable Giving
The credit union has set aside 20% of its net income for charities in need.
MANCHESTER, NH (February 28, 2019) What does 20% of your income mean to you? Probably a whole lot. To Members First Credit Union, it means a lot, too. Enough, in fact, to realize the good it could do for the communities in which it serves. That’s why Members First has decided to give 20% of its 2018 net income to local non-profit organizations that work tirelessly to help those in need. This year, it plans to donate $114,000 above and beyond funds it normally sets aside for annual community giving.
It’s not unlike Members First to display such a generous spirit. Last year, it chose to give away the rebate it received from the National Credit Union Administration (NCUA) – a refund that all credit unions across the country received. The $109,300 Members First received went to organizations that help at-risk youth and people struggling with substance use disorder.
“It was a no brainer to take the opportunity to help make the community a better place for everyone,” said Bruce Leighton, president and CEO, Members First Credit Union. “We saw the impact last year’s donations had on the community thanks to the NCUA rebate and wanted to do it again – with or without the refund.”
Together, the NCUA rebate along with funds already set aside for planned giving brought their total charitable contributions in 2018 to $190,000. “Although we know our donations made a difference, it doesn’t mean there’s an end to the issues these organizations continue to face,” said Leighton. “That’s why we plan to direct this year’s donations to charities with similar missions.”
For more information about Members First Credit Union, visit their website at MembersFirstNH.org.
About Members First Credit Union
Since 1949, Members First Credit Union has been a trusted financial resource in Manchester, Bedford and surrounding communities. We get to know our members so we can recommend the right solutions to help them reach their goals. In other words: we’re small enough to make a big difference.
As a full-service financial institution, we offer the products and services our members need, whether for themselves, their family or business. And because we’re not for profit, earnings go back to our members, so they can save and borrow at reasonable rates. Membership is open to anyone living or working within 25 miles of a branch.
For more information, call 603-622-8781 or visit www.membersfirstnh.org.
The credit union has set aside 20% of its net income for charities in need.
MANCHESTER, NH (February 28, 2019) What does 20% of your income mean to you? Probably a whole lot. To Members First Credit Union, it means a lot, too. Enough, in fact, to realize the good it could do for the communities in which it serves. That’s why Members First has decided to give 20% of its 2018 net income to local non-profit organizations that work tirelessly to help those in need. This year, it plans to donate $114,000 above and beyond funds it normally sets aside for annual community giving.
It’s not unlike Members First to display such a generous spirit. Last year, it chose to give away the rebate it received from the National Credit Union Administration (NCUA) – a refund that all credit unions across the country received. The $109,300 Members First received went to organizations that help at-risk youth and people struggling with substance use disorder.
“It was a no brainer to take the opportunity to help make the community a better place for everyone,” said Bruce Leighton, president and CEO, Members First Credit Union. “We saw the impact last year’s donations had on the community thanks to the NCUA rebate and wanted to do it again – with or without the refund.”
Together, the NCUA rebate along with funds already set aside for planned giving brought their total charitable contributions in 2018 to $190,000. “Although we know our donations made a difference, it doesn’t mean there’s an end to the issues these organizations continue to face,” said Leighton. “That’s why we plan to direct this year’s donations to charities with similar missions.”
For more information about Members First Credit Union, visit their website at MembersFirstNH.org.
About Members First Credit Union
Since 1949, Members First Credit Union has been a trusted financial resource in Manchester, Bedford and surrounding communities. We get to know our members so we can recommend the right solutions to help them reach their goals. In other words: we’re small enough to make a big difference.
As a full-service financial institution, we offer the products and services our members need, whether for themselves, their family or business. And because we’re not for profit, earnings go back to our members, so they can save and borrow at reasonable rates. Membership is open to anyone living or working within 25 miles of a branch.
For more information, call 603-622-8781 or visit www.membersfirstnh.org.
Contact:
Terry Wiegelman, VP Marketing and Sales
(603) 641-2440
