Metro Credit Union

CHELSEA, MA— April 3, 2023 — Metro Credit Union, the largest state-chartered credit union in Massachusetts, today announced the launch of the Metro Credit Union Foundation. Founded on the idea of people helping people, Metro is expanding its philanthropic reach by helping organizations, initiatives, and programs that contribute to the economic well-being of local communities and their residents with grant funding.

“Since Metro’s founding in 1926, we have been committed to giving back to the communities we serve through ongoing philanthropic efforts and financial support for like-minded organizations across Massachusetts,” said Robert Cashman, President and CEO, Metro Credit Union. “With the launch of the Metro Credit Union Foundation, we look forward to continuing our own community-driven efforts while making an even bigger impact in the development and improvement of non-profit organizations who would benefit from our support.”

The Metro Foundation will award grants to organizations with a focus on:

• Community Development — creating vibrant and equitable neighborhoods.
• Securing Safe & Affordable Housing — providing opportunities for affordable housing and home ownership with down-payment assistance and homebuyer education programs.
• Financial Wellness & Advancement — promoting financial competency by providing knowledge and skills.

Guidelines for grant applications include the following:

• The Metro Foundation will accept applications from qualified, tax-exempt 501(c)(3) nonprofit organizations.
• The Foundation will fund programs that serve a majority of low- to moderate-income populations.
• Grant awards will be made directly to recipients.
• An application is required and must be submitted by the deadline.
• Organizations may receive one grant per calendar year and are not eligible to apply during the following calendar year.

Applications Are Now Open

Applications are now open on MetroCU.org. The deadline to apply for the first quarterly grant awards is May 14, 2023. Award recipients will be announced in June.

Each year, Metro gives back to local communities through a number of philanthropic initiatives, partnerships, scholarships, and volunteer programs. Metro has been recognized for its charitable contributions with the Boston Business Journal Corporate Citizenship Award for the past three years. For more information about the Foundation and the application process, please contact Charlene Bauer at CBauer@MetroCU.org.

About Metro Credit Union

Metro Credit Union is the largest state-chartered credit union in Massachusetts, with $3 billion in assets. Metro provides a full range of financial products to close to 200,000 members in Barnstable, Bristol, Essex, Franklin, Hampden, Hampshire, Middlesex, Norfolk, Plymouth, Suffolk, and Worcester counties in Massachusetts, and Cheshire, Hillsborough, and Rockingham counties in New Hampshire. Metro is the credit union of choice for employees at over 1,200 companies through its Metro@work program.

Founded in 1926, Metro currently operates 19 branch offices in Boston, Burlington, Chelsea, Dorchester, Framingham, Lawrence, Lynn, Medford, Melrose, Newton, Peabody, Reading, Salem, Tewksbury, and West Roxbury. Metro is also a Juntos Avanzamos (“Together We Advance”) designated credit union, an honor given to financial institutions for their commitment to serving and empowering Hispanic and immigrant consumers. Metro was recently named among the most charitable companies in Massachusetts by the Boston Business Journal. Learn more at MetroCU.org.