PLYMOUTH, Mich.–Community Financial Credit Union said it distributed nearly $800,000 in donations to 289 organizations across Michigan during 2022. That included$80,000 toward tornado relief for the city of Gaylord, $45,000 in grants to 12 area public school districts, $60,000 to local food pantries via “Thankful Thursdays,” and $40,000 toward its Warming Hearts and Homes initiative, the credit union reported.
Community Financial said that after a tornado hit Gaylord in May 2022, the credit union provided monetary and volunteer assistance to organizations on the front lines. In total, CFCU donated $80,000 and volunteered two days, one day each with Otsego County United Way and Otsego-Antrim Habitat for Humanity, to assist with clean up and rebuilding.
Other Efforts
CFCU said it also:
- Was “instrumental” in partnering with the Michigan Credit Union League’s Blue Ox Chapter to coordinate tornado grant relief efforts. CFCU housed the grant application on its website to process applications and evaluate documentation to work with other Gaylord credit unions. In total, $47,100 was given to area credit union members to assist in the crisis.
- Donated to the 12 public school districts of the credit union’s communities. School districts received $45,000 to feed directly back into the classrooms of innovative teachers, including helping Moraine Elementary create a “calming room for mental wellness,” as well as adding pickle ball to physical education classes and buying equipment to enhance the food sciences classes at Novi High School.
- As part of CFCU’s Warming Hearts and Homes initiative, for a seventh year the credit union also donated $10,000 to The Heat and Warmth Fund, which offers heat assistance to homes across the state. THAW provides aid to Michiganders needing help paying gas bills or delivering cords of wood for home stove heaters. In 2022, CFCU was awarded THAW’s Power Force Award for its commitment to using resources for the good of others.
- CFCU employees volunteered 4,758 hours in 2022 and launched its partnership with Art Foundation, the nonprofit established by local Detroit artist Tony Roko, to support the second phase of the Plymouth ArtWalk program.
‘More Than a Name’
“Community is more than our name, it’s at the core of all we do. Supporting the organizations and institutions that work tirelessly to strengthen our communities is part of our identity and a key focus for us 24/7, 365,” said President and CEO Tansley Stearns. “These institutions are addressing the most pressing needs in Michigan, and we’re proud to walk alongside them.”
The $1.5-billion Community Financial has more than 80,000 members.
It’s Called Fresh for a Reason. And We Offer Home Delivery. For Free!
The biggest, best and freshest news reporting in credit unions remains free in ’23! Each morning CUToday.info delivers its daily Fresh Today news update offering the latest headlines and breaking news right to your email, with the easy-to-read headlines format allowing you to click on the stories that interest you most in order to learn more.
If you haven’t yet signed up for the new email solution on which CUToday.info has partnered with ResponseGenius, you can do so here. Signing up requires less than one minute of your time—and it’s free!
Please note that after signing up you may need to go to your Spam/Junk folder and mark the morning headlines email as safe. CUToday.info does not provide its list of readers and emails to outside parties, and we will not be contacting you to sell you an extended warranty or sending you any links so you may cash in on an inheritance you didn’t know was coming.
And did we mention it’s free?
Please note and/or make your IT department or email administrator aware the emails will be coming from the domains CUTodayinfo.com and CUTodayinfoReply.com