Latest American Eagle donations to support Southington Softball, Asnuntuck Food Pantry and Hartford Youth Organization
AEFCU’s “Cash Back to the Community” has provided $76,571 to local nonprofits in 2021
EAST HARTFORD, CT (October 19, 2021) — American Eagle Financial Credit Union (AEFCU) today revealed the recipients of $25,842 in total donations from the latest round of the Credit Union’s popular Cash Back to the Community program. The third quarter’s winners—three nonprofit organizations from AEFCU’s service area that earned the most community votes—will each receive $8,614 from American Eagle.
The latest winners are the Southington Girls Softball League, the Asnuntuck Community College Food Pantry in Enfield and Our Piece of the Pie in Hartford. Through the Cash Back to the Community program American Eagle has donated $76,571 to local organizations in 2021 alone, and $162,996 since the program first launched in January 2020.
“One of the few things that compares to the excitement of announcing our Cash Back to the Community winners throughout the year is witnessing how this program is helping local organizations grow and continue their important work in our service area,” said Dean Marchessault, President & CEO of American Eagle Financial Credit Union. “Congratulations to our winners, both past and present, and thank you to all those who were nominated and voted. We hope you’ll stay involved, as our last round of the year will commence in the coming weeks.”
AEFCU donates 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 distributed to the three top qualified nonprofits as voted on by a combination of the Credit Union’s members and the public.
American Eagle Employees Make Third Quarter Donations
In addition to American Eagle’s donations through the Cash Back to the Community program, AEFCU employees donated $3,461 to the United Way and $8,339 to the American Eagle Fund at the Hartford Foundation for Public Giving. AEFCU employees have provided $33,827 in total donations in 2021. Funds are generated through voluntary payroll deductions throughout the year and distributed to local organizations that American Eagle and its employees support on a quarterly basis.
Tim St. James, Dean of Students at Asnuntuck Community College, Scott Kennedy, Assistant Treasurer of the Southington Girls Softball League, Dean Marchessault, President & CEO of American Eagle Financial Credit Union, Dan Longo Treasurer of the Southington Girls Softball League and Hector Rivera, President & CEO of Our Piece of the Pie (OPP). Photo Credit: AEFCU.
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 160,000 members, over $2.3 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.
Southington Girls Softball League
“We are very appreciative of American Eagle Financial Credit Union for this donation,” said Mike Konopka, President of the Southington Girls Softball League. “This money will go a long way to help us make improvements to our fields and continue our mission of inclusivity. A portion of this donation will be made available to families who can’t afford the league entry, as we never turn away a player for financial reasons. We are also looking to expand our free off-season programs, and this generous donation will help fund that growth.”
More can be learned about the Southington Girls Softball League at http://www.sgsl.info/
Asnuntuck Community College Food Pantry
“Asnuntuck Community College is honored to have our food pantry selected for American Eagle Financial Credit Union’s Cash Back to the Community program,” said Dr. Michelle Coach, CEO of Asnuntuck Community College. “Food insecurity has been a struggle for many of our students, and it was exacerbated by the pandemic. This donation will make an immense difference in a significant number of our students’ lives—and they are our community.”
More can be learned about the Asnuntuck Community College Food Pantry at asnuntuck.edu/student-resources/food-pantry/.
Our Piece of the Pie, Inc. ® (OPP)
“We’re very thankful for American Eagle Financial Credit Union’s support, which will allow us to better assist our youth in navigating life’s challenges, while helping them explore and prepare for their future education and career paths,” said Hector Rivera, President and CEO of OPP. “This donation will provide our youth more opportunities to develop themselves, while also contributing to their community—a win for us all!”
More can be learned about Our Piece of the Pie at opp.org.