Greater Eastern Credit Union, based in Johnson City, Tenn., purchased gifts for entire families at a variety of local organizations.
Merck Sharp & Dohme FCU held a silent charity sports auction to raise funds for the Daily Bread Community Food Pantry. The Chalfont, Penn.-based CU raised a total of $1,405 to support the Daily Bread's mission in eliminating hunger.
O'Fallon, Mo.-based West Community Credit Union became the first natural-person CU to receive the 2018 Missouri Quality Award. The award is the state level Malcom Baldridge Award, which is presented each year to organizations that demonstrate excellence.
VA Boston Healthcare System received $1,000 worth of toiletries and personal care items from Hanscom Federal Credit Union. The Hanscom AFB, Mass.-based CU donated items such as soap, shampoo, conditioner, nail files, brushes and reading glasses.
Hawaii Community FCU in Kailua-Kona, Hi., raised $24,281 for Hope Services Hawaii during the CU’s “Market Days” events. Sponsored and partners donated fruits, vegetables, baked goods, clothing, crafts to the effort.
Food bank assistance
Genisys Credit Union supported two Michigan food programs with a check to the Food Bank of Eastern Michigan. The Auburn Hills, Mich.-based CU presented the Food Bank of Eastern Michigan with a check totaling over $11,000. The CU also sponsored events held by the FISH Food Pantry.
St. Louis, Mo.-based Vantage Credit Union conducted its Impact Education contest across five local schools. The schools received $500 to $2,000 from the CU to fund projects that will fuel the classroom.
TBA Credit Union, Traverse City, Mich., presented a $9,000 check to a local Michigan superintendent. The donation will help develop a new curriculum as well as deliver 10,000 dry erase markers to be distributed among every elementary student and teacher in the district.
Albany, N.Y.-based State Employees Federal Credit Union distributed over $300,000 among 40 non-profit organizations serving the hungry and homeless across New York.
Waltham, Mass.-based RTN Federal Credit Union held a member appreciation day with refreshments, giveaways and activities for kids.
The company's Silicon Valley Bank unit reduced its loan-loss cushion by $52 million. Private-equity and VC clients have warmed to the practice of doing deals virtually, which increases lending opportunities, SVB executives said.