Continuing its long-standing commitment in support of giving back to the community and nonprofits, the Cooperative Credit Union Association (CCUA) is partnering with NetGiver, a Credit Union Service Organization (CUSO) dedicated to enabling no-fee donations for credit union members.
Description automatically generated with medium confidenceWith online donation platforms growing in popularity, nonprofit organizations that employ these platforms incur processing and platform fees that can significantly reduce the amount the nonprofit receives each year – a total which can exceed 7% of the $149 billion dollars given each year by individuals via credit or debit card. Through NetGiver, CCUA’s member credit unions will have access to “We CU Care,” a branded mobile app that ensures their members’ donations reach the desired nonprofit, with no fees to either the donor or the recipient. A fintech platform for cause marketing, NetGiver furthers the credit union movement by uniquely aligning credit unions with their members’ values through the support of philanthropic financial decisions.
“Through NetGiver’s We CU Care app, donations to nonprofits can have 100% impact,” explained CCUA’s Chief Revenue Officer Melissa Pomeroy. “Our partnership with NetGiver enables our member credit unions to go above and beyond in helping to ensure community nonprofit organizations receive the full benefit of the contributions made by their members.”
“Credit union leadership allows us to make a significant impact in the nonprofit giving space. We’re excited to have the credit union movement behind NetGiver, and welcome the CCUA to our NetGiver community,” said Miriam Ackerman, co-founder of NetGiver. “Communities are strengthened by its leaders; leaders who take this commitment seriously, and with NetGiver, CCUA and their credit unions are making a significant impact,” stated Ackerman.