Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
CU first to implement United Ways Pennies campaign
WASHINGTON (12/12/07)--The first financial institution to implement United Way of America's national "Pennies for Change" campaign is Westchester FCU in White Plains, N.Y. United Way announced the launch of its philanthropic initiative Tuesday. The program provides the opportunity for member/customers of participating financial institutions to automatically donate one penny for each credit or debit card transaction. The $28.1 million asset Westchester FCU implemented the campaign through its card processor, Covera Card Solutions. Kimberly McCumber-Ploff, executive in charge of Covera, said it is looking forward to helping other credit unions implement the program. Twelve other credit unions and banks have joined as charter members and are exploring ways to make the program available to their members/customers, said United Way (Business Wire Dec. 11). They include:
* CTCE FCU, $80.2 million assets, Reading, Pa.; * FORUM CU, with $1 billion assets, Indianapolis; * Northeast CU, with assets of $999 million, Portsmouth, N.H.; * SouthWest Community FCU, $159 million assets, St. George, Utah; and * Superior FCU, $247.3 million assets, Lima, Ohio.
Six banks also are participating in the program. The donations will help fund United Way programs in local communities. According to the Nilson Report, Americans make more than 40 billion card purchases a year.


RSS





print
News Now LiveWire
Watching #SuperBowlXLIX this Sunday? Look for regional #creditunion #commercials @CltMetroCU @BECU @golden1cu #Seahawks #Patriots
12 hours ago
Philadelphia's American Bakery Workers FCU liquidated by @TheNCUA; @trumarkonline assumes shares
12 hours ago
More branch shutterings by @Citi: 4th-largest bank to close 10% of #Chicago area branches HT @CrainsChicago http://t.co/2vAvgucLY5
13 hours ago
56% struggle with subprime credit scores says @cfed survey HT @washingtonpost http://t.co/RHmMvuhNtw
14 hours ago
How to use social media for crisis communications Feb. 10 webinar from @SBAgov, @AgilityRecovery http://t.co/d16t8RHr7n
14 hours ago