Your Credit Union Gives Back
Members First pledges to donate dividend from NCUA Corporate Stabilization Fund to local charities.
Federally-insured credit unions anticipate refunds in 2018. Members First encourages credit unions nationwide to join them in supporting local charities.
Members First Credit Union is pledging to support critical community programs, and is encouraging other
credit unions across the nation to do the same with funds from an unexpected rebate.
The National Credit Union Administration
(NCUA) announced last Fall anticipated reimbursements totaling $600-$800 million
to federally-insured credit unions nationwide.
“Receiving this refund is like winning the lottery – we didn’t expect it,”
said Bruce Leighton, president and CEO, Members First Credit Union. “We feel
that the best course of action is to use the funds to deal with issues
happening right outside our very own doors. Everyone, including our members,
will stand to benefit from this.” Members First embraces the motto, ‘People
helping people,’ and encourages its fellow credit unions in New England and across
the country to join them in committing to donate their refund to charities in
their local communities. “We don’t know how much money to anticipate from the
NCUA, but we do know that our contribution – whatever the amount – will have an
even greater impact if others join us in this effort,” said Leighton.
Read full press release
In The News
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Learn about some of the other ways Members First gives back to our community.
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