CU Impact: Giving Back to The Community
Oregon State Credit Union’s 2017 philanthropy exceeds $200,000; Kitsap Credit Union donates $30,000 to United Way of Kitsap County.
Oregon State Credit Union’s 2017 philanthropy exceeds $200,000
Oregon State Credit Union’s philanthropic effort exceeded $200,000 in 2017, with the largest gift directed toward two Oregon-based Children’s Miracle Network hospitals: Doernbecher in Portland and Sacred Heart in Eugene. The hospitals will benefit from $35,000 generated through an internal campaign match.
Over six consecutive years of giving, the credit union has dedicated a total of $131,000 to local Children’s Miracle Network facilities. The 2017 donation included a match of $5,000 from the credit union’s ATM and shared branching partner, CO-OP Financial Services. CO-OP provided the grant out of their Miracle Match program.
The 2017 Oregon State Credit Union philanthropic effort was distributed among approximately 175 schools, nonprofits, and scholarship recipients located within the credit union’s 24-county field of membership in western and central Oregon. The total also included capital projects gifts to the Corvallis Boys and Girls Club, ABC House, and continued annual commitments to the Samaritan Cancer Center and the Oregon State University College of Business.
The majority of the annual donation total places emphasis on programs benefiting youth (such as Children’s Miracle Network Hospitals) and education. Many of these dollars are tied to scholarships established at universities and community colleges in counties with an Oregon State CU branch presence, including OSU, Western Oregon University, Linn-Benton, and Oregon Coast and Chemeketa community colleges.
In addition, the credit union’s Tomorrow’s Leaders Today Scholarship Program is now in its 19th year, and has awarded a total of 181 scholarships to high school seniors on their way to a college or university in the state of Oregon. The program selects ten recipients for scholarships of $2,000 each. K-12 students in the credit union’s field of membership also benefit from education grants totaling $15,000 annually.
“We prioritize education as a core value of this credit union,” said Oregon State Credit Union CEO Richard Hein. “We are passionate about the development and well-being of our local youth, as approximately 60-65 percent of our donations are dedicated to support our schools and youth-related social services.”
Kitsap Credit Union Donates $30,000 to United Way of Kitsap County
Kitsap Credit Union (KCU) brightened the United Way of Kitsap County’s holiday season by surprising them with a giant check.
While the Board of the United Way of Kitsap County was aware of Kitsap Credit Union’s planned $15,000 sponsorship donation, they were astonished at their end-of-year meeting to find the check amount had doubled.
Employees of KCU donated more than $12,000 to the community organization out of their own wallets and paychecks — either through one-time donations or payroll deductions. Elliot Gregg, CEO/President of KCU, donated the an additional $3,000, making the total donation $30,000.
KCU’s Chief Financial Officer Brad Miller was at the board’s meeting to present the check to United Way of Kitsap County President Claire Bradley and the rest of the board.
“We are a member-owned cooperative. We have 15 branches, and 11 of them are located in Kitsap County. We have over 100,000 members – a majority live in Kitsap County,” Miller shared. “For us to succeed, we need our members to succeed. For our members to succeed, we need our community to succeed. And for many in our community to succeed, we need the United Way of Kitsap County. Thank you for all that you do.”
This donation will help fund multiple community events and projects throughout 2018, including the United Way Day of Caring, the Letter Carriers Food Drive, and more.