Tuesday, December 1, 2015

Credit Unions Can Give and Gain with CDAs

By Fran Zaugg

Credit Unions may well be ahead of the curve when it comes to the giving season this year. The October 5 issue of Credit Union Journal reported $88,500 in charitable donations from credit unions -- long before most of us had planned our Thanksgiving menus!

This industry legacy of community support is one more reason to celebrate  #Giving Tuesday today. The social media event is dedicated to giving back as the holiday season begins. In addition to the social media campaign we've launched to celebrate your holiday giving efforts this season (and today), we also have something else that's especially timely for this day--and season--of giving.

Our new Charitable Donation Account (CDA) can make giving to your favorite 501(c)(3) charity even more special for your credit union. Following new rules from the National Credit Union Administration, the CDA is designed to help achieve your credit union’s philanthropic goals and, at the same time, increase your bottom line.

For more information about how a CDA can help your credit union, click here or call our Executive Benefits Service Center at 800.356.2664 ext. 665.8576.