American Eagle Financial Credit Union announces third quarter recipients of cash back to the community program
EAST HARTFORD, CT (October 2, 2020) — American Eagle Financial Credit Union (AEFCU) today announced the recipients of nearly $22,100 in donations from its participatory funding program, Cash Back to the Community.
Nonprofit organizations Enfield Community Cat Project of Enfield, Transitional Learning Center Foundation of Manchester, and Roaring Brook Nature Center of Canton each received a donation of $7,359 for earning the most votes in AEFCU’s third quarter Cash Back to the Community program. More than 150 organizations were nominated and 3,418 total votes cast from AEFCU members and the general public for this quarterly giving philanthropic effort.
Throughout 2020, AEFCU is donating one percent of its credit and debit card interchange income to three nonprofit and/or 501(c)(3) organizations each quarter through the Cash Back to the Community program. Funding for the program is generated each time its members use an American Eagle Financial Credit Union credit or debit card. At the end of each quarter, one percent of the total interchange income – the fee paid for credit and debit card transactions – is being distributed to the three top qualified nonprofits as voted on by a combination of the Credit Union’s members and the public.
Through the first three quarters of 2020, AEFCU’s Cash Back to the Community program has provided $62,344 to nonprofits in its service area.
“Cash Back to the Community is an effective way to invite our members and public to play an active role in our philanthropic efforts,” said Dean Marchessault, President and CEO of American Eagle Financial Credit Union. “As Connecticut’s largest community-focused credit union, we are always concentrated on making the places where we live and work better, and Cash Back to the Community is an effective program to honor those nonprofit organizations making a difference.”
Enfield Community Cat Project works with the town to rescue homeless and abandoned cats. The organization seeks to provide veterinary treatment to sick or injured cats as well as foster homes while seeking a permanent home. The Enfield Community Cat Project also promotes spay and neutering of cats in order to reduce over population, suffering, and disease.
“This is a huge win for Enfield Community Cat Project by being chosen for this community award. Our plans for this amazing donation are to help us cover the many expenses we are still facing because of COVID. We have literally been drowning in vet bills so this is a huge relief to our rescue and will give us an opportunity to save more lives,” said Dawn Struck, President & Founder of Enfield Community Cat Project.
For more information about Enfield Community Cat Project, visit www.enfieldcommunitycatproject.com.
TLC Foundation, Inc. in Manchester is a transitional living center which offers a safe, structured family-like environment to Manchester school children who are victims of abuse, neglect family disruption, parent-child conflict or lack of a suitable home environment beyond their control. TLC offers the chance for school aged boys and girls to continue in Manchester Schools and live in a family-like environment.
“On behalf of the TLC Foundation, I want to express appreciation to the Community Involvement Fund of American Eagle Financial Credit Union. During these unprecedented times of COVID-19, the monies from the Community Involvement fund will assist with staffing, the purchase of PPE and recreational activities,” said Liama B. Holmes, Executive Director of the TLC Foundation.
To learn more about the Transitional Learning Center, visit www.tlcmanchesterkids.com.
Roaring Brook Nature Center in Canton seeks to increase awareness, appreciation and knowledge of the natural world, and the interrelationships that exist between people and the changing environment. The center maintains five miles of trails on the adjacent state-owned Werner’s Woods property. This refuge is home to a variety of native wildlife species. Outdoor gardens provide opportunities for visitors to view wildflowers, birds and butterflies in season. Seasonal nature walks for all ages are offered throughout the year.
“Roaring Brook Nature Center is most appreciative for the generous donation from American Eagle Financial Credit Union. The AEFCU gift will help us to keep our doors open and to provide programs, and serve as a resource to residents of the Farmington Valley and the greater Hartford area,” said Jay Kaplan, Director.
For more information about Roaring Brook Nature Center, visit www.roaringbrook.org.
Nominations for fourth-quarter recipients for Cash Back to the Community will take place October 26-November 15. American Eagle members and public voting for the fourth quarter nominees of Cash Back to the Community goes from December 7-20, via American Eagle’s website or social media sites, including Facebook, Twitter, Instagram and LinkedIn.
About American Eagle Financial Credit Union (AEFCU)
Established in 1935, American Eagle Financial Credit Union (AEFCU) is a full-service credit union offering checking and savings accounts, credit cards, auto loans, mortgages, business accounts and more. American Eagle offers banking online, through its mobile app, or at one of its 14 branches located in Connecticut. AEFCU has more than 180,000 members, over $2.5 billion in assets, and offers banking services to anyone who lives, works, attends school, or worships in Hartford, Middlesex, Tolland, and New Haven County in Connecticut, and Hampden County in Massachusetts. For more information about American Eagle Financial Credit Union, visit www.americaneagle.org.
