WEST LAFAYETTE, IN (February 15, 2013) – Valentine’s Day is known for deliveries of all kinds to those we love, and this year Purdue Federal Credit Union (Purdue Federal) staff delivered a special gift to the Indiana Veterans’ Home—a check for $2,670 to help fund their spring volunteer banquet.
The donated funds were raised during Purdue Federal’s annual Skip-a-Pay promotion, which let members with qualifying loans skip their December 2012 or January 2013 loan payment for a small administrative fee. Each year a portion of that fee is donated to a local charity. The promotion benefits members by alleviating some financial stress around the holidays as well as the community through a charitable contribution to a local nonprofit organization.
About Purdue Federal
Purdue Federal Credit Union (Purdue Federal) was founded as Purdue Employees Federal Credit Union (PEFCU) on the Purdue University campus in 1969. In December 2010, PEFCU acquired Members United Federal Credit Union through a merger. At the time of merger, the credit union changed its name to Purdue Federal to better reflect its membership base, which includes students, faculty and staff, and communities where Purdue University and its regional campuses operate. Purdue Federal is a member-owned financial cooperative with more than 60,000 members nationwide and assets at more than $750 million.