Credit union notebook: Town & Country food pantry donation, Atlantic scholarships
Courtesy / Town & Country FCU
Town & Country Federal Credit Union recently presented a $5,000 check to support the South Portland Food Cupboard’s annual benefit in May. The credit union will donate an additional $5,000 through radio advertising.
Maine credit unions give back to the community in several ways, including two ongoing initiatives.
Town & Country Federal Credit Union, which is based in Scarborough, announced that it will provide $10,000 in support for the South Portland Food Cupboard’s 2023 "Feeding Neighbors in Need" benefit concert, scheduled for Saturday, May 20, at Aura in Portland.
The credit union's contribution will come in the form of a $5,000 check that it recently presented, plus $5,000 worth of radio advertising.
"Supporting our local community is who we are and what we do because we live here, too, and understand the challenges that far too many families and others are facing when it comes to having enough to eat," said Jon Paradise, Town & Country's senior vice president of communications, marketing and community outreach.
"The opportunity to make a significant contribution to support its largest annual fundraiser aligns with our ‘local helping local’ philosophy," he added. "We are grateful to be part of this incredible organization and the food it provides to so many people.”
Dwayne Hopkins, executive director of the South Portland Food Cupboard, called Town & Country's contribution “a great first step" towards achieving a $75,000 fundraising goal for the concert.
Tickets for the event, featuring the Don Campbell Band, cost $25 in advance and $35 at the door; more information is available here.
Town & Country is ranked No. 4 among the largest Maine-based credit unions in the 2023 Mainebiz Book of Lists, which was published in December. The rankings are based on total assets as of Sept. 30, 2022.
$20,000 in scholarship money
South Portland-based Atlantic Federal Union is inviting high school seniors to apply for $20,000 in college scholarships.
The credit union, ranked No. 1 in the Mainebiz Book of Lists, is currently seeking applications for scholarship awards of $10,000, $5,000; $2,500, $1,500 and $1,000.
The program aims to recognize outstanding high school graduates and help reduce their financial burdens for college. To be considered for the scholarship awards, all applicants must fill out and submit an application, write an essay of 350 to 400 words, and provide a resume and reference letter.
Members of the credit union can apply and find further details, including the scholarship rules and requirements, here. All applications must be received or postmarked by March 24, 2023.
Most Recent
Most Recent
0 Comments