Va.'s CUs Donate Significant Time, Money

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During 2002 Virginia's 234 credit unions donated some $1.3 million to charitable and community groups in total.

According to the Virginia league, the largest single recipient of credit union generosity was the Make-A-Wish Foundation, which grants personalized wishes for children and teens with life-threatening illnesses.

Since 1991, Virginia credit unions have donated almost $1.4 million to the charity.The remainder of 2002's donated funds- some $1.1 million- were given to the American Cancer Society, Children's Miracle Network, Toys for Tots, local United Ways, the American Red Cross and others.

Credit unions also donated generously to community food banks, clothes closets, various prevention programs, and other charities.

In addition, the league said Virginia's credit unions donated 12,926 man-hours to various community and charitable causes during 2002. The value of that contribution at minimum wage is more than $66,568. Credit unions also spent 1,868 volunteer hours teaching school children about personal finance.

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