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CU System
Mobiloil FCU receives FHLB 90000 grant deposit
BEAUMONT, Texas (5/23/08)--The Beaumont Habitat for Humanity was a recipient of a $90,000 grant from the Federal Home Loan Bank of Dallas as part of the bank’s Affordable Housing Grants program. Habitat deposited the grant into its Mobiloil FCU account in Beaumont. The $214 million asset Mobiloil has been involved with Beaumont Habitat for Humanity for the past six years. Habitat’s director is a member of the credit union (LoneStar Leaguer May 22). Throughout the past year, credit union employees volunteered to help build homes for the organization. Kim Heinz, CEO, Mobiloil FCU, working with other volunteers, helped frame a home in a neighboring community three weeks ago. “It’s a pretty awesome feeling when the walls go up on a home,” Heinz told the Texas Credit Union League. “You are just overcome by so much emotion--a feeling that you’ve achieved something great.” Mobiloil FCU has a program called CU Share, which rewards employees for volunteer work in the community. Each hour of volunteer work pushes them closer to being a top volunteer. The reward for being the top volunteer is the credit union donates $500 to the top volunteer’s organization of choice.


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