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.