Democracy FCU gives back to the community
ALEXANDRIA, VA (April 29, 2020) — Democracy Federal Credit Union has launched an initiative to support their communities as part of their COVID-19 Community Give Back Program. Donations from the program will help local communities receive support to help them combat the global crisis.
As the number of victims to the virus rises, so does the need for people to protect themselves from the virus, with medical supplies, monetary resources and food donations. To kick off this initiative, Democracy FCU CEO and President, Ken Cahoon, gave a Facebook LIVE interview with Alexandria based publication, Zebra Press on April 16. Click here to watch the COVID-19 + Your Wallet interview.
To keep the momentum moving for the three months of giving, on April 20, Democracy FCU delivered nearly 1,200 masks to area hospitals. Democracy FCU Vice President of Delivery Channels, Mario Mejia, made the social distancing deliveries to INOVA Alexandria Hospital in Alexandria, Virginia; Children’s National Hospital in Washington, D.C. and to Prince George’s Hospital Center in Cheverly, Maryland. Mejia’s surprise visit of 400 masks per hospital was greeted with friendly smiles and heartfelt thanks!
As schools stay closed, students who receive free meals at schools, no longer have this option. In an effort to continue to feed all students, Democracy FCU will be donating $1,500 to area food banks who provide three meals a day for the students to ensure that no child goes hungry during the pandemic. Democracy FCU will also be donating an upwards of a total of $1,000 to T.C. Williams High School in Alexandria, Virginia; H.D. Woodson High School in Washington, D.C., and to Suitland Elementary School in Hillcrest Heights, Maryland. These schools are part of Democracy FCU’s school partnership. Democracy FCU engages the students of the schools with back-to-school financial programs, financial literacy workshops, monetary donations, and much more so that all of the students, faculty and parents benefit from the relationship.
Democracy FCU is always committed to financial freedom for all, and has already implemented several financial programs to help keep families in their homes and food on their table. These programs include a CASH-N-GO advance loan of up to $1,000 with no credit check, a National Event Short Term Loan of up to $6,000 for 24 months with rates as low as 7.24% APR* and a Skip-A-Pay program to help alleviate one month of auto and/or personal loan payments.
Democracy FCU is here for our community during COVID-19, and will continue to give back with supplies, food and monetary donations as well as help members with programs to ease any financial hardship that they are facing due to the virus.
To learn more about how Democracy FCU is giving back or the financial programs that Democracy FCU offers, please visit DemocracyFCU.org and follow us on social media @DemocracyFCU.
About Democracy Federal Credit Union
Democracy Federal Credit Union was founded in 1936 to serve the Social Security Board in Washington, D.C. and their families. Over its history, Democracy FCU has grown to serve members in Washington, D.C., Maryland, Virginia and Pennsylvania. Democracy FCU’s members work for U.S. Government agencies, other major employers, and/or live, work, worship, attend school, or regularly conduct business in the DC Metro area. To learn more about Democracy FCU, visit DemocracyFCU.org. Democracy FCU is Federally Insured by NCUA and an Equal Housing Lender.
