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Peach State FCU C.A.R.E.S. Foundation Donates $25,000 to the Ukraine Credit Union Displacement Fund

LAWRENCEVILLE, GA (March 15, 2022) – The Peach State FCU C.A.R.E.S. Foundation announced a $25,000 donation to the Ukrainian Credit Union Displacement Fund, which was established by the Worldwide Foundation for Credit Unions (WFCU) in partnership with the World Council of Credit Unions (WOCCU). The fund was created to provide financial support to mitigate the short- and long-term impacts to the Ukraine’s credit union system as Russian troops continue their violent invasion against the country.

“We recognize the money is needed to assist the Ukrainian people right now, which is why we are working to identify partner organizations that can put the generous donations from the international credit union community to good use immediately. But we also know that credit unions, their employees, their members, and their communities will need long-term assistance to get back on their feet, which is something we have always worked to provide in times of crisis,” said Mike Reuter, WFCU’s Executive Director. “Peach State has always been a champion with us in moments of global CU crisis to support, and we are tremendously grateful for the resources.”

The credit union philosophy “people helping people” is simple yet powerful. As not-for-profit financial cooperatives, credit unions share a communal goal to provide financial support to better the lives of their neighbors near and far. “We as credit unions have a social responsibility to help all community members – from serving the needs of members within our footprint, to our fellow credit unions and their communities across the globe. We are honored to back WFCU and WOCCU, and applaud their efforts to help credit unions, their staff, and members in Ukraine. It is our hope that our fellow credit union colleagues will continue to step up and support this worthy and noble cause,” said Peach State’s President/CEO, Marshall Boutwell.

About the Peach State FCU C.A.R.E.S. Foundation
Peach State Federal Credit Union’s passion for helping their members and community guided them to create the Peach State FCU C.A.R.E.S. Foundation. The Foundation is funded by the credit union’s VISA® Debit Card program and private donors. Since the inception of the Peach State C.A.R.E.S. VISA® Debit Card program in July 2019, Peach State has donated more than $1.4 million to charitable organizations, school systems and the arts in the communities that we serve. The C.A.R.E.S. program was created to put these contributions on a sustainable path for the future. To learn more about how Peach State cares, visit https://www.peachstatefcu.org/Stories/Peach-State-CARES. Peach State is a $779 million not-for-profit financial cooperative that serves more than 74,000 members in Georgia and South Carolina with a mission to provide quality financial services that meet the needs and exceed the expectations of its member-owners. For more information about products and services, visit www.peachstatefcu.org.

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