Content for this post is provided by the Michigan Credit Union League (MCUL), a trade association representing credit unions that serve 5.5 million members in the State of Michigan, United States.
Honor Credit Union Details COVID-19 Community Impact Numbers
In response to public concerns, Honor Credit Union announced the Honor Financial Relief Package in early March. The Honor Financial Relief Package offered diverse financial relief solutions, including Skip-a-Payment, which allows members to skip their next payment on eligible consumer loans without fees.
"The last few months have been challenging for many as we work through this uncertain time. Through it all, Honor remains committed to supporting the credit union philosophy of 'People Helping People and being there for our members and community during this time of need,” said Dustin Nehls, VP of consumer lending.
Across the board, members saved $366,598 in fees waived, and $491,495 was disbursed in Financial Relief Loans to 352 members through Honor’s Financial Relief Package. The Paycheck Protection Program (PPP) provided funding for 441 loans, totaling more than $30 million in assistance for small businesses. Honor purchased over $2,000 in team lunches across 24 member centers throughout Michigan in support of business members in its communities.
Team members were gifted $100 each to support local businesses, totaling $34,000 towards economic giveback. Additionally, Honor assisted animals at the Humane Society, donated $2,500 in gift cards to hospital staff throughout Michigan, and the organization’s IT department supplied two retired servers to the remote workforce at United Way.
Kellogg Community Credit Union Makes Generous Contribution to the Food Bank
Kellogg Community Credit Union (KCCU) employees participated in #GivingTuesdayNow by hosting a virtual food drive to support their local food bank, South Michigan Food Bank. GivingTuesday, the nonprofit behind the annual day of giving, which is typically the Tuesday after Thanksgiving, launched #GivingTuesdayNow, which took place on May 5 as a day of unity in response to the unprecedented need caused by COVID-19.
Since the Michigan stay-at-home order was in effect, KCCU decided a virtual food drive was their best option to keep everyone safe and healthy while also meeting their goal of helping members in the communities they serve who may be food insecure. So, KCCU team members made purchases, totaling $1,556.57, from an online store which shipped the food items directly to the South Michigan Food Bank when the drive was over.
KCCU wanted to keep the generosity rolling, so they matched the dollar amount their employees spent on the virtual drive and donated an additional $1,557. But the giving didn’t stop there.
The Michigan Credit Union Foundation (MCUF) notified area credit unions of their Community Crisis Support Grant, where they would match credit union funding for activities related to the COVID-19 crisis that help to improve the financial health of people, families, businesses and communities in Michigan. KCCU applied, and was awarded a grant for $1,557, bringing their total contribution to the South Michigan Food Bank to $4,670.57. This will have a tremendous impact as each dollar donated to the food bank will provide six meals to someone in need.
“I am so proud of our staff and their generosity during this virtual food drive. It warms my heart to know that our team is not only coming into work every day to assist our members during these difficult times, but that they also want to help others in our community,” said Tracy Miller, KCCU’s CEO. “Then with the MCUF grant added on - we know this donation will make a big difference to those struggling with food insecurities during this challenging time.”
“During COVID-19, food insecurity has dramatically increased. South Michigan Food Bank has dispersed 1,136 tons of fresh and non-perishable food items across eight-counties. This is a 40% increase from the same time period in 2019,” said Summer Sunnock, advancement director at the South Michigan Food Bank. “We are very thankful for our partners, making it possible to distribute this volume of food. Thank you to Kellogg Community Credit Union and its employees for donating an overall contribution equal to $4670.57!”
Wayne Westland Federal Credit Union Boosts Community with $10K Relief Fund
Wayne Westland Federal Credit Union (WWFCU) recently announced that it has helped four Wayne County households with its $10,000 WWFCU Relief Fund. Each household in need due to the coronavirus pandemic received $2,500 from the fund.
WWFCU was looking for ways to help its community during these difficult times and decided the Relief Fund was the best way to make lives easier for four households. From mid-April to May 15, WWFCU collected nominations of families and individuals experiencing financial hardship due to COVID-19. The credit union received more than 150 nominations.
The recipients are:
- Michele Cruz
- Eva Salcedo
- Philip and Krista Stapleton
- Nikki Thomas
“First, we’d like to thank everyone who sent in a WWFCU Relief Fund nomination. There are so many people in need in our community, narrowing it down to just four wasn’t easy,” said WWFCU CEO Thelma Dasho. “The four families chosen had exceptional circumstances and we’re happy we can do something to make their lives easier. We try to live the “People helping People” credit union philosophy everyday here at WWFCU.”
TBA Credit Union Donates Grocery Totes to TCAPS Families
On June 5, 2020, TBA Credit Union (TBACU) donated 50 bags of groceries to help supplement one of four weekly TCAPS breakfast/lunch pickup sites.
The reusable totes included peanut butter, pasta sauce, dry pasta, wheat bread, granola bars, a fun pair of sunglasses and TBACU pencils.
“Our mission at TBACU is to serve our community and build trusted relationships,” said Mortgage Manager Karie Lambert. “I can’t think of a better way to serve than by helping our neighbors during these challenging times. Knowing we are helping children and families in the TCAPS district to have food in their pantries is heartwarming to all of us at TBACU.”
“We were happy to provide these 50 totes, but the reality is, 2,950 meals were picked up at Long Lake elementary today. The need is great, and it will be for some time,” said Marketing Manager Kerry Maloney.