Navy Federal Credit Union's Record Year for Holiday Donations

Navy Federal Credit Union's Impactful Donations for the Holiday Season

This year marks a significant milestone for the partnership between Navy Federal Credit Union and the Marine Toys for Tots Foundation. With a vast network of over 330 branches globally acting as donation sites, Navy Federal has successfully facilitated a record number of contributions to this meaningful cause. Over 23,000 new and unwrapped toys have been donated, reflecting a remarkable 53% increase compared to last year’s collection drive.

Engagement and Community Support

Captain Keith Hoskins (USN Retired), Executive Vice President of Branch Operations at Navy Federal, expressed pride in the enthusiastic involvement of their branches. This collective effort resonates deeply with Navy Federal’s core values, emphasizing the commitment to uplift the communities it serves. "Our branches are at the core of this campaign, and we had a record-breaking year of engagement with more than 330 branches worldwide collecting toys," he remarked.

Additional Donation Channels

Not only did customers contribute toys in person, but donors were also able to provide financial support directly to the Toys for Tots Foundation online. As a result of this dual approach, Navy Federal surpassed last year’s monetary contributions, successfully raising over $48,000, aided by both members and staff.

Fulfilling Holiday Dreams for Many Families

Retired Marine Colonel Ted Silvester, the Vice President of the Marine Toys for Tots Foundation, acknowledged Navy Federal’s crucial role in spreading joy during the holidays. He stated, "Finding a present under the tree on Christmas morning is an experience every child deserves. Navy Federal Credit Union has certainly done more than its fair share to help us bring that joy to children whose families have suffered so much." This year posed unique challenges during fundraising and toy donations, making Navy Federal's contributions all the more vital.

Project Neighbors Program

Navy Federal's commitment to community extends beyond toys. The credit union’s Project Neighbors Program has helped over 250 families fulfill their holiday wish lists. Local school districts and nonprofit organizations play a critical role in selecting beneficiaries, demonstrating the cooperative effort to support those most in need.

About Navy Federal Credit Union

Navy Federal Credit Union began its journey in 1933 with just seven members and has since grown to serve more than 14 million members worldwide. As the largest credit union globally, its mission remains dedicated to prioritizing the financial well-being of its members. Membership is available to all Department of Defense and Coast Guard Active Duty, Veterans, civilian and contractor personnel, and their families. With a workforce exceeding 24,000 and over 360 branches, Navy Federal continues to embody the spirit of community service.

About the Marine Toys for Tots Program

For over 77 years, the Toys for Tots program, coordinated by the U.S. Marine Corps Reserve, has delivered happiness, comfort, and hope to less fortunate children through the gift of new toys or books. The initiative aims to foster positive childhood memories and inspire responsible citizenship among young beneficiaries. Since its inception in 1947, the program has successfully provided joy to over 301 million children, proving the importance of kindness and generosity, especially during the holiday season. Moreover, the Marine Toys for Tots Foundation provides continuous support throughout the year to families facing challenging situations.

Frequently Asked Questions

What is the purpose of the Marine Toys for Tots program?

The Marine Toys for Tots program aims to collect and distribute new toys to economically disadvantaged children, promoting happiness and hope during the holidays.

Who can participate in donating to Toys for Tots?

Anyone can donate toys or make monetary contributions to the Toys for Tots program through various collection sites and online platforms.

How many toys did Navy Federal Credit Union collect this year?

Navy Federal collected over 23,000 new, unwrapped toys this year, marking a significant increase from the previous year's efforts.

What other community initiatives does Navy Federal participate in?

Navy Federal engages in various community programs, including the Project Neighbors Program, which helps local families fulfill their holiday wish lists.

How long has Navy Federal Credit Union been in operation?

Navy Federal Credit Union was established in 1933 and has grown significantly, now serving more than 14 million members worldwide.

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