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Community Development Policy  

 

Because a significant part of the credit union philosophy is “People helping people”, Afena Federal Credit Union strives on a regular basis to assist, aid, and enhance our community by donating to charitable organizations, participating in community activities and events and educating community members regarding their finances.

We do receive many requests for donations, sponsorships and community involvement. Unfortunately, we are unable to give to/participate in every local organization/event; however, we do review and consider every request that is presented properly to our Business Development Director.

The following describes the process we take in deciding who to donate to, sponsor, etc, according to our community involvement objectives. The goal of this policy is to set a structure and some guidelines for our community involvement.

To request a donation, one must:

  1. Fill out an Application for Donation/Involvement
  2. Application must be turned in 45 days before event or date of requested donation
  3. Application may be mailed to:

    Afena Federal Credit Union
    Attn: Business Development Director
    424 N. Bradner Ave.
    Marion, IN 46952

    If the applicant resides locally, he/she may bring the application in and leave it at the front desk.

Organizations with a formal application do not have to fill out the Application for Donation/Involvement; however, if additional information is necessary, an application will need to be completed. All requests must be submitted to the Business Development Director within the allotted time frame, and in the proper manner.

In the event that we are to choose between approving an application from a member and a non-member, priority will be given to the member’s application.

After reviewing the application, the Business Development Director will contact the applicant via phone or in writing within 5 days of the Requested Response Date, not vice versa.

Annually our Board of Directors and staff vote in which community events we will participate, and to what charities we will donate. Although this does not limit our contributions, priority is given to those chosen by our Board of Directors and staff.

Afena reserves the right to approve or deny any application for any reason.

Charitable Organizations

Care and Share
Care and Share is a local charity that raises funds to assist those in need during holiday seasons. Each year Afena donates an item to Care and Share which is then sold at an auction to raise funds to assist those in need.

March of Dimes
Each year Afena participates in a walkathon to support the March of Dimes which is an organization whose goal is to fight premature birth and to aid all who are involved. We also sell bracelets to raise additional funds.

Credit Unions for Kids/Riley Children’s Hospital
Every year Afena dedicates an entire month to fundraising for Credit Unions for Kids and Riley Children’s Hospital, including a cookout and many other activities. Through Credit Unions for Kids, all of the money raised goes to Riley Children’s Hospital.

Grant County Rescue Mission
Afena is involved annually in the Angel Tree program where gifts are collected for children who are not fortunate enough to receive presents at Christmas.

Community Activities/ Events

Mississinewa Battle of 1812
The credit union offers advance ticket sales.

Christmas Parade

Walkway of Lights
Our employees volunteer to take donations at the Walkway of Lights in Matter Park.

Education

Indiana Credit Union Foundation
We give donations to fund scholarships for educating Indiana credit union employees. Several of our employees have been recipients of these scholarships.

Reality 101
At Indiana Wesleyan University, Afena participates in the Reality 101 program where middle school children experience one day in the life of an adult. They are given a career and salary based on their grade point average, and have to pay taxes, bills, and financially support children.