MARLBOROUGH, Mass. — Saying it has a long-standing commitment to giving back to the community and nonprofits, the Cooperative Credit Union Association (CCUA) said it has partnered with the CUSO NetGiver, which is designed to enable no-fee donations for credit union members.
“With online donation platforms growing in popularity, nonprofit organizations that employ these platforms incur processing and platform fees that can significantly reduce the amount the nonprofit receives each year – a total which can exceed 7% of the $149 billion given each year by individuals via credit or debit card,” the association said.
According to the CCUA, through NetGiver its member credit unions will have access to “We CU Care,” a branded mobile app that ensures their members’ donations reach the desired nonprofit, with no fees to either the donor or the recipient. In addition, the CCUA said a fintech platform for cause marketing, NetGiver furthers the credit union movement by uniquely aligning credit unions with their members’ values through the support of philanthropic financial decisions.
‘100% Impact’
“Through NetGiver’s We CU Care app, donations to nonprofits can have 100% impact,” said Chief Revenue Officer Melissa Pomeroy. “Our partnership with NetGiver enables our member credit unions to go above and beyond in helping to ensure community nonprofit organizations receive the full benefit of the contributions made by their members.”
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