American Eagle Financial Credit Union Continues Its COVID-19 Relief, Donating $3,500 to Support College and High School Students

American-Eagle-Federal-Credit-UnionAmerican Eagle Financial Credit Union (AEFCU) today announced two charitable donations to support college and high school education in the community, continuing its efforts to address the impacts of the COVID-19 pandemic.

“These contributions reflect our ongoing commitment to assist those in our community who have been deeply affected by COVID-19,” said Dean Marchessault, president and chief executive officer of American Eagle Financial Credit Union.  “Our donations provide immediate, impactful assistance at a time when we must think differently and quickly in addressing the lingering issues of this pandemic.”

AEFCU contributed $2,500 to East Hartford’s Goodwin Foundation at Goodwin University for their COVID-19 Student Response Fund. The money will assist individuals in the Goodwin learning community facing acute, unexpected financial challenges brought on by the disruptions of COVID-19. Donations to this critical-need fund support food, housing, technology, scholarship, financial aid, and other essential support services.

“We applaud and thank American Eagle Financial Credit Union for their foresight in addressing and supporting the unprecedented needs many of our students are facing at this critical time in their education,” said Hannah Granfield, Director of Foundation Relations, Goodwin Foundation.

In addition, AEFCU contributed $1,000 to the Credit Unions Building Financial Independence Foundation at the Connecticut Credit Union League in Meriden. The money will support the popular high school Financial Reality Fairs conducted state-wide during the school year. Given the school closings due to COVID-19, AEFCU’s donation will help organizers conduct “virtual” financial reality fairs with participating teachers and students. The fairs provide hands-on experience using a mobile app in which students choose a career and learn to budget and pay for common living expenses while saving for their future.

“Our Financial Reality Fairs are facing a new reality itself, and we thank American Eagle for helping us chart a course that will continue to provide invaluable financial life lessons to high school students,” said Dave Hinchey, Community of Impact Director, Connecticut Credit Union League.

These two donations follow American Eagle’s gift of $10,000 to provide meals to children in Hartford and New Haven counties who have been displaced from school due to COVID-19, the Coronavirus.  AEFCU directed $5,000 each to Foodshare in Bloomfield and Connecticut Food Bank in Wallingford.

Separately, voting is open through June 21 to select recipients for the second quarter of the Cash Back to the Community program. Funding for the program is generated each time AEFCU members use their AEFCU credit or debit card. At the end of each quarter, one percent of the total interchange income – the fee paid for credit and debit card transactions – will be distributed to the three top qualified nonprofits as voted on by a combination of the Credit Union’s members and the public. To vote please visit americaneagle.org/cashbacktothecommunity.

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