Metro Credit Union Presents Checks to Community Groups

FUEL, Connect & Chelsea Jewish Nursing Home Leaders Accept Support

CHELSEA, Mass. (February 6, 2013) – Metro Credit Union, which is poised to become the Commonwealth’s largest state-chartered credit union, presented  checks to three community- based non-profit organizations yesterday at its headquarters at 200 Revere Beach Parkway in Chelsea, Mass. Robert Cashman, president of Metro CU made the presentations to each group’s leaders as well as  other members of each organization.

The checks presented are part of Metro CU’s ongoing commitment to supporting organizations that make the community a better place to live and work. This group of recipient organizations was:

Families United in Education Leadership (FUEL)
Metro CU has enjoyed an ongoing relationship with Families United in Educational Leadership, also known  as FUEL. Over the past few years the relationship has expanded, with Metro CU donations now totaling $25,000.

FUEL accounts at Metro CU offer a matching scholarship to families who save  monthly for their children’s education. Matching funds are donated by Metro Credit Union and other programs in the city of Chelsea. The matching funds allow  families to double the amount that they have saved, up to $1,500.

Accepting the check on behalf of Chelsea Public Schools were School  Superintendent Mary
Bourque and Gerry McCue, director of finance, Chelsea Public Schools.

In July of 2012 Metro Credit Union announced its participation  with community organizations to launch CONNECT, based out of Chelsea. To support  the launch and development of the organization, Metro CU committed $10,000 over  the first few years. The mission of CONNECT is to integrate services that will  help Chelsea residents set goals, and manage and grow their personal income and  assets. One important goal is to provide the “unbanked” or “under- banked” with  their own bank accounts in order to reduce dependence on costly check cashing  services and payday lenders.

Accepting the check on behalf of CONNECT’s parent organization The  Neighborhood Developers were Ann Houston, executive director, and Marissa Guananja, director of CONNECT/Resident Asset Development.

Chelsea Jewish Nursing Home
Metro Credit Union will present a check for  $5,000 as the final installment of a 5 year commitment totaling $25,000 to the  Chelsea Jewish Nursing Home. The Chelsea Jewish Nursing Home provides  exceptional nursing and residential care to persons who are too frail or debilitated to live at home. Metro CU’s funds represented a multi-year commitment to support the growth of the skilled care facilities located on Admiral’s Hill in Chelsea.

Accepting the check on behalf of the Chelsea Jewish Nursing Home was Barry  Berman, the home’s chief executive officer.

About Metro Credit Union
Metro Credit Union is one of the largest credit  unions in Massachusetts with over $1 billion in assets, and serves over 150,000  members. It is a growing, federally insured financial institution and a leading provider of a full range of financial services to anyone living or working in Essex, Middlesex, Suffolk, Norfolk, Plymouth, Barnstable or Worcester counties in Eastern Massachusetts, as well as Massachusetts state employees and retirees  throughout the Commonwealth.

Founded in 1926 and headquartered in Chelsea, Massachusetts, Metro CU is a  non-profit cooperative financial institution, owned by and operated for the  people who use and benefit from its products and services. Metro CU uses  superior customer service and technology to deliver a full range of financial  products, including investment and insurance offerings for consumers and  businesses in eastern Massachusetts. Metro CU is well known for providing  members with unlimited refunds of other banks’ ATM fees through their My Reward  Checking account.

Metro CU has 14 branch offices conveniently located in Boston, Burlington,  Chelsea, Framingham, Lawrence, Lynn, Melrose, Peabody, Salem, and Tewksbury, and  is also a leader in workplace banking, serving over 1,800 companies throughout  the state.