SMCU distributes dollars and dreams during a destructive year
When the pandemic hit, San Mateo Credit Union moved quickly to stand up a non-profit fund and move much-needed assistance into the communities it serves.
February 11, 2021 by Erik Payne, CreditUnions.com
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When the citizens of San Mateo County started experiencing economic distress caused by the COVID-19 pandemic, their local community credit union sprang into action, creating the SMCU Community Fund on April 14, 2020.
Throughout the year, San Mateo Credit Union ($1.4B, Redwood City, CA) distributed nearly $11 million in grants through the fund. And, it has plans to continue its efforts in 2021.