Rancho Cucamonga, Calif., Feb. 11, 2016 – More than 200 credit unions participating in the CO-OP Miracle Match program during 2015 netted $4.3 million for Children’s Miracle Network Hospitals, a 39 percent increase compared to the previous record set in 2014.
The credit unions gathered $3.3 million in their 2015 Credit Unions for Kids fundraisers. To this total is added $1 million in matching funds through CO-OP Miracle Match, an amount CO-OP Financial Services donates annually on behalf of its client credit unions. In 2014, credit unions and CO-OP Miracle Match combined to raise $3.1 million.
“The sharp rise in fundraising totals is testimony once again to the vitality of the credit union industry’s commitment to people helping people, and to its charity of choice, CMN Hospitals,” said Stan Hollen, President/CEO of CO-OP. “It is particularly gratifying to note that nearly half of the fundraisers we matched in 2015 were new events – fundraisers that credit unions launched in their communities for the first time.”
The goal of CO-OP Miracle Match is to encourage credit unions, chapters and leagues to sponsor their own local fundraising events to support CMN Hospitals serving their area. Key facts and figures from the 2015 matching program include:
Top individual fundraisers in 2015 included (all totals include CO-OP Miracle Match):
“The CO-OP Miracle Match program has enabled us to raise new, incremental dollars, and has made a significant impact on the 10 million kids treated at CMN Hospitals every year,” said Joe Dearborn, Senior Director, Credit Unions for Kids. “CO-OP and their generous clients have been a major reason why our industry continues to be one of the leading contributors to this important charity.”
In addition to CO-OP Miracle Match, an even $100,000 was raised for CMN Hospitals during CO-OP’s THINK 15 conference held in Colorado Springs last May. CO-OP is also planning to coordinate fundraising activities during the upcoming THINK 16 conference, taking place at the historic Hotel Del Coronado, in the San Diego, California area, May 3-6, 2016. Registration is $799 for credit union employees, who may register immediately at co-opthink.org .
Credit unions interested in applying for matching grants in 2016 under the Miracle Match by CO-OP program may do so by visiting www.co-opfs.org/miracle-match .
About CO-OP Financial Services
Based in Rancho Cucamonga, Calif., and founded in 1981, CO-OP Financial Services is the nation’s largest credit union service organization in terms of number of credit unions, assets and members. The company helps credit unions thrive by providing products and services that make it more convenient for members to do business with them. With a motto of “Be There. Be More,” CO-OP’s products fall into three business lines, including “Locations,” (ATM, shared branching and call center services); “Card Payments” (debit and credit processing) and “Mobile/Virtual” (mobile, online, check imaging, bill pay services). To learn more visit www.co-opfs.org .
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Source: Company press release.
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