National Volunteer Week highlights impact of Maine CU volunteering

April 26, 2017

In 2016, Maine credit union staff and volunteers contributed nearly 38,000 hours in volunteer time, worth nearly $820,000 in time, to causes, organizations, events and activities as documented through the Maine CU League's CUs Share for ME volunteer program.  "From helping at the local little league field and teaching financial education in schools to serving meals at the local soup kitchen and playing basketball to help children with cancer, Maine credit unions exemplify the credit union philosophy of 'people helping people' every day," said Jon Paradise, Vice President of Governmental and Public Affairs for the Maine CU League, in announcing the results of CU volunteering during National Volunteer Week.

From April 23-29, National Volunteer Week is celebrated nationwide in conjunction with the Points of Light Foundation.  It was started by President George H.W. Bush to highlight the economic impact that volunteers and volunteering has in the United States.  Todd Mason, new President of the Maine CU League, said, "Credit unions were founded by volunteers and that volunteer spirit continues to this day.  I congratulate Maine credit unions for contributing nearly 40,000 hours in documented volunteer time and the thousands more that were not reported during the past year.  Credit unions volunteer and contribute to their communities not because they are mandated by Congress, as other financial institutions are, but because it's the right thing to do, and we can all be proud of that."

CUs Share for ME was a program created to track volunteer hours contributed annually by Maine credit unions.  Since 2002, it has documented more than 400,000 hours in community-service time contributed by credit union staff and volunteers.  "We know there are likely thousands more hours that were not reported because credit unions are so humble in the work that they do for the communities they serve," added Paradise.

In 2016, the top five Maine credit unions in volunteer hours were: University CU; Saco Valley CU; York County FCU; Five County CU; and New Dimensions FCU.  The top five Maine credit unions in staff participation in volunteering were: University CU; Penobscot County FCU; Saco Valley CU; Changing Seasons FCU; and Capital Area FCU.