EAST HARTFORD, Conn.–American Eagle Financial Credit Union said the most recent top vote-getter for its Cash Back to the Community grants will receive $27,258 in total donations.
With each receiving $9,086, the top vote-getters were:
- Boomer’s Best Buddies of Andover, Conn.
- PaperHouse Productions Theatre of Durham, Conn.
- Southington West Little League of Southington, Conn.
“American Eagle’s Cash Back to the Community directly connects our members and the public with our Credit Union’s philanthropic efforts and mission—and we’re thrilled to announce, congratulate, and salute the three organizations the community selected as our latest winners,” said Howard Brady, president & CEO of American Eagle Financial Credit Union.
Since 2020, AEFCU has donated 1% of its credit and debit card interchange income to three nonprofit and/or 501(c)(3) organizations each quarter through the Cash Back to the Community program. Funding for the program is generated each time its members use an American Eagle Financial Credit Union credit or debit card.
At the end of each quarter, one percent of the total interchange income – the fee paid for credit and debit card transactions – is distributed to the three top qualified nonprofits as voted on by a combination of the Credit Union’s members and the public.
To date, Cash Back to the Community has generated $325,137 in donations.