Neighbors FCU raises $30,580 for GBR Food Bank
BATON ROUGE, LA (July 14, 2020) — In the wake of the COVID-19 pandemic, Neighbors FCU launched the “Every Swipe Counts” campaign to raise $30,580 for the Greater Baton Rouge Food Bank.
NFCU committed five cents for every qualified debit card purchase from its Free Cash Back Checking accounts from April 1 through June 30 to the Food Bank.
“We’re thrilled to expand our relationship with the Greater Baton Rouge Food Bank,” Neighbors President and CEO Steve Webb said. “We’ve conducted many food drives in the past and enjoyed volunteering with the food bank annually for Neighbors Day. We are excited about this new opportunity to provide financial support as the Food Bank’s needs are more dire than ever before.”
The Neighbors Free Cash Back Checking Account has generated five cents to charity and five cents to the member for every qualified purchase since it launched in October 2018. However, this is the first time the charity funds have been specifically designated for a particular organization.
Previously, these funds have gone toward the Neighbors Capital Area Foundation’s scholarship program. In 2019, the checking accounts generated just over $61,000 to the foundation.
Approximately, 1 in 7 adults and 1 in 5 children in the food bank’s 11-parish service area are food insecure. The Greater Baton Rouge Food Bank is reporting that the number has increased exponentially during this pandemic.
Due to the economic impact of the COVID-19 pandemic, the Food Bank has begun mobile distributions of emergency food boxes.
Distributions are focused on populations of individuals from various service industries: casinos, hotels, restaurants, etc. Additionally, the organization is supporting its member agencies (food pantries) who have suspended operations because the volunteers running them are elderly and at high-risk at this time.
The food bank’s service area represents about 19 percent of the state’s population. If 19% of the 266,000 unemployed in Louisiana were to request food assistance, it is estimated that 50,540 would request assistance from the Greater Baton Rouge Food Bank.
Currently, the cost to fill and distribute one Emergency Food Box is $30. A typical box has 40 pounds of shelf-stable items (canned food). The Greater Baton Rouge Food Bank is also distributing approximately 22 pounds of fresh produce and 10-15 pounds of proteins, while those supplies last. In all, it’s a 75-pound box of food and can produce about 62 meals.
Mike Manning, President and CEO GBR Food Bank
Betty Mujica-Milano Community Outreach Coordinator NFCU
Steve Webb President and CEO NFCU
About Neighbors Federal Credit Union
Neighbors Federal Credit Union is a not-for-profit financial cooperative operating as an association dedicated to "people helping people." A handful of educators started Baton Rouge Teachers in 1954 with a shoe box, a couple hundred dollars and the goal of making financial services available to school system employees in our area.
Now, Neighbors Federal Credit Union is the largest community-chartered credit union in the state of Louisiana with over 80,000 members and over $1 billion in assets. Since that time, Neighbors has undergone a variety of changes, but the mission has stayed the same: Enhance members' financial well-being and be a partner in the communities Neighbors serves.
