Muncipal Credit Union Foundation donates $10,000 to support impacted Floridians after Hurricane Milton
NEW YORK, NY (October 25, 2024) — Today, Municipal Credit Union announced that its charitable arm, the MCU Foundation, has made a donation of $10,000 to Suncoast Credit Union toward providing basic necessities in the aftermath of Hurricane Milton.
“At MCU, we believe in the power of community and solidarity, especially in times of crisis,” said Kyle Markland, CEO of Municipal Credit Union. “When we set up the MCU Foundation, one of its focus areas is helping people and communities with basic necessities, which is why we are proud to work with Suncoast Credit Union to aid in their Hurricane Milton relief efforts. Together, we can make a real difference in the lives of our fellow credit union employees impacted by this devastating storm.”
“This donation from the MCU Foundation embodies the credit union philosophy of ‘people helping people,’ a principle that extends far beyond financial services,” said Kevin Johnson, President and CEO, Suncoast Credit Union. “In the aftermath of Hurricane Milton, our strength as a community is rooted in our ability to come together and support one another. This contribution will provide crucial recovery assistance to our Suncoast employees affected by the hurricane, and we are truly grateful for this meaningful act of generosity.”
Based in Tampa, Suncoast Credit Union—the largest credit union in Florida—and its membership were directly impacted by Hurricane Milton, a Category 3 storm that made landfall on Florida’s western coast on October 9. The storm caused widespread destruction across the state, including severe flooding, storm surges, tornadoes, and power outages affecting over 3 million homes and businesses.
In response, Suncoast Credit Union was forced to temporarily close its 79 branch offices — which have since reopened – its ITM services, and its member care center before the storm hit. MCU Foundation’s donation will help supplement existing assistance programs for Suncoast Credit Union’s impacted employees in need of basic necessities such as food, clothing and shelter.
Florida residents in need of assistance can call the State Assistance Information Line (SAIL) at 1-800-342-3557 or visit fema.gov for more information.
About Municipal Credit Union
Established in 1916 in New York City, Municipal Credit Union is the oldest credit union in New York. By providing a full range of financial services to municipal employees, police officers, firefighters, teachers, health care workers and others, MCU has grown to $4.35 billion in assets and to over 600,000 members. Today, MCU membership is available to anyone who lives, works, worships, or attends school in New York City. MCU is an equal opportunity lender and deposits are insured to at least $250,000 by the National Credit Union Administration. To learn more, visit www.nymcu.org.
About Suncoast Credit Union
Suncoast Credit Union is the largest credit union in the state of Florida, the 8th largest in the United States based on membership, and the 10th largest in the United States based on its $18.7 billion in assets. Chartered in 1934 as Hillsborough County Teachers Credit Union, Suncoast Credit Union currently operates 79 full-service branches and serves more than 1.2 million members across Florida. As a community credit union, anyone who lives, works, attends school, or worships in Suncoast Credit Union’s service area is eligible for membership. In 2021, Suncoast Credit Union’s field of membership was expanded to include public K-12 teachers, college educators, and educational support staff from all of Florida’s 67 counties. Suncoast is passionate about community support. Since its founding in 1990, the Suncoast Credit Union Foundation has raised and donated more than $45 million to organizations and initiatives that support the health, education, and emotional well-being of children in the communities that the credit union serves. For more information, visit suncoast.com or follow us on social media: Facebook, LinkedIn, Twitter, and Instagram.
