Lockheed Federal Credit Union, the Largest Financial Institution Headquartered
in San Fernando Valley, Raises Money and Promotes Employee Volunteerism through
its Community Stars Foundation.
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Lockheed Federal
Credit Union Hosts Volunteer Day, Donates $4,500 to SCV Senior Center
Employees
Give Back to the
Santa Clarita Valley Community
SANTA CLARITA, Calif. (July 11, 2008) – Lockheed Federal
Credit Union (LFCU) employees
are taking their service skills to the next level, volunteering to serve lunch
and ice cream to more than 150 seniors at the Santa
Clarita Valley Senior Center from 11 a.m. to 1:30 p.m. July 18. At noon, the
credit union will present a check for $4,500 to the SCV Senior Center, 22900
Market St. in Santa Clarita.
“The SCV
Committee on Aging (and) Senior Center is thrilled to be supported by LFCU,”
said Robin Clough, Volunteer and Recreation Coordinator. “Because the senior
demographic is growing exponentially, ensuring quality of life for our elderly
has become a critical challenge. We are greatly appreciative and touched by the
generosity of LFCU and its employees. Seniors and staff look forward with great
anticipation to the fun events and volunteerism of their employees at the Senior
Center.”
LFCU is involved in the community, giving employees the
opportunity to make contributions to chosen charities through regular payroll
deductions, and to volunteer during their normal work hours. LFCU also provides
a donation-matching program.
“The Santa Clarita Valley Senior Center provides important
services to our community,” said Phil
Hart, Chief Operating Officer for LFCU. “We look forward to showing our
support by donating much-needed dollars to the senior center and providing
employee volunteers.”
LFCU employees will also host an opportunity drawing and
distribute magnifiers for all seniors in attendance. Patrick
Bell of Opera Kadabra
will be providing entertainment, www.operakadabra.com.
- Volunteer-Time-Off
Program
- Established in 2008, LFCU’s Volunteer-Time-Off Program allows employees to
receive company paid time off to volunteer in the community. Each employee can
receive up to eight hours per year to volunteer during the work day.
Throughout the year, LFCU employees organize volunteer opportunities to
support LFCU Community Stars’ nonprofit partners.
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- LFCU in the Community
- During the last few months, LFCU has been supporting the community through
its nonprofit foundation, LFCU
Community Stars.
- In 2007, LFCU employees developed LFCU Community Stars to support local
charities through financial donations and volunteerism. LFCU employees make
contributions to sponsored charities through payroll deductions and special
fund-raising events. Employees are able to volunteer during their normal work
hours.
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- LFCU also offers a donation-matching program for employees who make
contributions through payroll deduction. Additionally, LFCU Community Stars
will launch programs aimed at the 100,000 members of LFCU in an effort to
increase the Foundation’s ability to help charities in the communities
served by LFCU.
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- Every year, LFCU Community Stars foundation board selects charities to
support, with final decisions being made by the Foundation’s Board comprised
of LFCU employees.
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- The
four charities that were selected by the foundation’s board to be supported
in 2008: Santa Clarita Valley Senior
Center, Burbank
Temporary Aid Center, Penny Lane
and weSPARK Cancer Support Center.
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- ABOUT LOCKHEED FEDERAL CREDIT UNION
- More than 9,000 Lockheed Federal Credit Union members are residents of the
Santa Clarita Valley, where Lockheed Federal Credit Union (LFCU) operates
three branches: Valencia Bouquet Canyon, Valencia Town Center and Stevenson
Ranch.
- In 2006 and 2007, Santa Clarita residents selected LFCU as the best credit
union in the area, as reported by the Santa Clarita Valley Living Magazine.
- LFCU recently received a five-star rating - the highest possible - from
Bauer Financial, a source for unbiased, independent bank and credit union star
ratings. The five-star rating validates that LFCU is safe, financially sound
and operating well above its regulatory capital requirements.
- Chartered in 1937, LFCU has more than 100,000 members. Membership is open to
Southern California residents of more than 200 sponsor companies. Deposits in
LFCU are federally insured by the National Credit Union Administration. LFCU
is an equal housing lender. For more information about LFCU, visit
www.lfcu.com.
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