Abound Credit Union to receive innovative partnership award for USA cares support
RADCLIFF, KY (July 27, 2021) — Abound Credit Union was recently named one of the 2021 Louisville Business First Partners in Philanthropy Innovative Partnership honorees. Partners in Philanthropy is an annual event spotlighting local business in Greater Louisville and their donations and partnerships with charities. Louisville Business First will host a virtual Partners in Philanthropy event on Aug. 5 and feature a story about the partnership next month.
Abound Credit Union is a long-term partner of USA Cares and proudly supports their mission to assist military families in crisis and help them create a foundation for long-term stability. Despite the challenges caused by the pandemic, Abound donated more than $60,000 in 2020. These funds directly helped approximately 60 military families remain in their homes, pay their utility bills, and buy food and fuel.
“Abound Credit Union’s partnership in supporting the military and veteran communities we serve has never wavered, not even during the pandemic,” said Trace Chesser, President/CEO of USA Cares. “Their financial education focus aligns with our own mission of acting as the support system veterans and their families need. We’re thrilled their innovative partnership with us is being recognized.”
USA Cares originally started as a grassroots partnership of the Fort Knox Chapter of the Association of the United States Army, Kroger Food Stores – Mid-South Division, and WAVE-3 TV, the NBC affiliate in Louisville. Abound Credit Union, formerly known as Fort Knox Federal Credit Union, was one of the earliest supporters of USA Cares and continues to give towards their mission along with many of the credit union’s generous members.
“Our partnership with USA Cares, which directly supports veterans and their families, is an important example of how serving our military community is in our DNA as an organization,” said Ray Springsteen, Abound Credit Union President and CEO. “The strength of the Credit Union allows us to support organizations like USA Cares, provide financial education programs for all, and make more possible for Kentuckians.”
A portion of the donations to the organization were dues paid by Abound Credit Union on behalf of members who joined USA Cares’ Patriot Club. In 2014, USA Cares launched the Patriot Club for anyone wishing to support the organization’s mission and donate to supporting military families. All dues and gifts to the Patriot Club go directly to sustain USA Cares’ support of military families.
For more information about USA Cares or Abound Credit Union, please visit www.usacares.org or www.aboundcu.com, respectively.
About Abound Credit Union
Abound Credit Union, a leader in financial education, has been providing valuable banking solutions to help hardworking Kentucky families thrive for more than 70 years. Today, we have 18 locations, $2.1 billion in assets and over 130,000 military and civilian members. The Credit Union has been recognized for its leadership in financial education at the state and national level. Abound was named a Defense Community Champion 2023, ranked #15 Nationwide for Safety and Soundness by S&P Global Market Intelligence, and is one of the Best Places to Work in Kentucky for 2022 and 2023. It’s simple to become a Member, visit our website at www.AboundCU.com to see how you may be eligible.
About USA Cares
USA Cares (http://www.usacares.org) is a 501(c)(3) charitable organization whose mission is to provide post-9/11 military veterans, service members and their families with emergency financial assistance and post-service skills training that will create a foundation for long-term stability. Our services improve the quality of life for veterans and their families and reduce potential factors that contribute to veteran suicide. To donate or to request assistance, please visit http://www.usacares.org.