CU SoCal's Generous Support of Community Charities This Summer
CU SoCal's Commitment to Community Support
Credit Union of Southern California (CU SoCal) exemplifies its dedication to the community through its ongoing philanthropic efforts. Each year, the organization embraces the 'People Helping People' philosophy by actively contributing to local nonprofits. In a remarkable display of generosity, CU SoCal donated nearly $260,000 during the summer giving campaign, aimed at supporting various charities in the region.
Summer Giving Campaign Highlights
Throughout the summer, CU SoCal visited numerous local nonprofits, surprising them with much-needed financial support. This initiative is not just a summer tradition, but a part of their continuous effort to empower and uplift the communities they serve. Over 20 worthy organizations across several counties received donations ranging from $1,500 to $34,000, reflecting the diverse needs of the community.
Beneficiaries of CU SoCal's Generosity
The contributions made by CU SoCal were directed toward organizations that focus on critical issues such as youth programs, education, food security, and crisis support. Notably, the largest single donation of $34,000 represents the first installment of a sizable commitment to one organization, illustrating CU SoCal's dedication to long-term partnerships with local charity groups.
Statements from Leadership
Dave Gunderson, President and CEO of CU SoCal, emphasized the significance of these donations during a recent statement. He expressed pride in the credit union's ability to support various organizations that provide essential services and hope to those in need. Gunderson credited CU SoCal members for making these contributions possible, underscoring the collective impact of shared community values.
Ongoing Community Partnerships
The summer initiative is part of CU SoCal's broader commitment to community investment through collaborative partnerships. Organizations such as the Interfaith Food Center, Ronald McDonald House of Pasadena, and Women’s and Children’s Crisis Shelter have benefitted from CU SoCal’s philanthropic initiatives. These partnerships allow CU SoCal to contribute to the well-being and development of the community, ensuring that vital services are delivered where they are most needed.
About Credit Union of Southern California (CU SoCal)
Founded in 1954, CU SoCal has grown from its roots as Whittier Area Schools Federal Credit Union to become a leading financial institution. Open to residents across multiple counties, CU SoCal serves more than 180,000 members and holds over $3.6 billion in assets. The organization has received a five-star rating from BauerFinancial, reflecting its commitment to financial stability and member service. CU SoCal continues to foster community engagement and support through its various programs and initiatives.
Frequently Asked Questions
What is CU SoCal's mission?
CU SoCal's mission revolves around the 'People Helping People' philosophy, emphasizing community empowerment and support.
How much did CU SoCal donate during the summer campaign?
CU SoCal donated nearly $260,000 to local charities as part of its summer giving campaign.
What types of organizations received donations?
Donations were made to various organizations focusing on youth programs, education, crisis support, and food security.
Who is the current CEO of CU SoCal?
Dave Gunderson is the President and CEO of Credit Union of Southern California.
When was CU SoCal founded?
CU SoCal was founded in 1954 as Whittier Area Schools Federal Credit Union.
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