The Bowen branch of First Credit Union recently announced a Community Impact Fund which will be awarded annually to a local non-profit organization on Bowen Island.
The Community Impact Fund aligns with the purpose of First Credit Union, which is “to strengthen the well-being of members and make meaningful community impact.” The fund serves this purpose by providing one-time financial support to a non-profit organization that contributes to the social, health, economic, or environmental well-being of Bowen Island.
“We are excited to offer the First Credit Union Community Impact Fund,” branch manager, Kevin Manning, explains. “As a cooperative, giving back is built into our business model. We know that awarding larger funds to local non-profits is going to make a positive impact in our community. We’re hoping to see many organizations take advantage of this wonderful opportunity.”
The size of the Community Impact Fund is based upon the credit union asset size. Manning explains “As our business grows the fund will increase proportionately. As more people do business with First Credit Union, the more money we can give back to our community.”
Non-profit organizations on Bowen Island can apply for the Community Impact Fund via the First Credit Union website. The deadline to apply for the 2014 funds is March 15, 2014. The successful applicants will be announced at the First Credit Union annual general meeting in Powell River this May.
“This is a great way for our members and clients to positively impact their community just by doing business with First Credit Union,” says Manning. “All non-profits are welcome to apply.”
