Affinity Federal Credit Union Foundation Establishes Member Relief Fund

Affinity Federal Credit Union Foundation Establishes Member Relief Fund

Basking Ridge, N.J. ( March 5, 2021 )  – The Affinity Foundation announced today its Member Relief Fund to support Affinity members who have been financially impacted by the COVID-19 pandemic. Our Member Relief Fund Committee will provide one-time $500 grants to qualified members this spring.

To apply for a grant, eligibility requirements Affinity members must meet include:

  • The member must not have received a $500 grant from the Foundation within the calendar year
  • The member must be 18 years or older
  • The member must be a U.S. citizen or U.S. resident alien
  • The member must submit the Member Relief Fund online application by March 15, 2021
  • The member's accounts must meet the following criteria:
    • There are no legal orders outstanding on the account
    • Accounts must not be delinquent more than $500 or more than 30 days

The Member Relief Fund Committee consists of more than 10 Affinity employees across the organization and is led by Karla Wallack, Executive Director of the Affinity Foundation.

“The ongoing pandemic has greatly affected our members and their local communities, presenting unprecedented and unimaginable challenges,” said Wallack. “We are very proud and honored that we were able to start this initiative and directly support and give back to our members in a time when they need us the most.”

For media inquiries about Affinity Federal Credit Union or the Affinity Foundation, contact Gabby Apuzzo of Stern Strategy Group at gapuzzo@sternstrategy.com or (908) 325-3895.

About the Affinity Federal Credit Union Foundation:
The AFCU Foundation is the philanthropic arm of the Affinity Federal Credit Union and its Community Connected. The Foundation delivers financial education resources to empower vulnerable populations through financial independence. We also invest in local, grassroots organizations that support those in need, both through contributing grant dollars and also connecting charities with skilled volunteers to elevate their mission. Through our volunteer efforts, the Foundation works to strengthen communities by providing the helping hand many don’t have or even realize they need.

About Affinity Federal Credit Union
With more than 20 branches across the tri-state area, Affinity is the largest credit union headquartered in the state of New Jersey, proudly ranking in the top 2% of all credit unions in terms of asset size1. It is a member-owned, not-for-profit, full-service financial institution federally insured by the National Credit Union Administration (NCUA). For more information, visit affinityfcu.com.

1 Source: NCUA.gov. Using the “Credit Union & Corporate Call Report Data” found here: https://www.ncua.gov/analysis/credit-union-corporate-call-report-data