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TruMark Financial Blog
March 9, 2021

TruMark Financial® Credit Union donates $30,000 to Philabundance

Due to the pandemic, millions of Americans are out of work and unable to provide adequate nourishment for themselves and for their families. To help combat food insecurity, TruMark Financial® Credit Union donated $30,000 to Philabundance.

“As we continue to weather these unprecedented times together, we hope TruMark Financial’s contribution to Philabundance ensures the most vulnerable members of our communities are fed,” said TruMark Financial Chief Executive Officer Richard F. Stipa.

In addition to the Philabundance donation, the credit union has scheduled smaller monthly initiatives throughout the year. In February, the credit union delivered more than 2,000 pairs of socks to shelters in the five-county area. For the millions of people living homeless, a clean pair of warm socks is a luxury.

The following shelters each received a supply of socks:

  • Broad Street Ministry, Philadelphia
  • Connect/Connect by Night, Upper Darby
  • Family Service Association of Bucks County
  • Orion Communities, Phoenixville
  • Your Way Home, Norristown

A driving force behind the initiative is fulfilling one of the seven cooperative principles, Concern for Community. Other ways TruMark Financial gives back to the community is through its financial literacy program in which employees conduct workshops on topics such as saving, budgeting, credit, and investing at local schools and community organizations and its TruCommunity program where employees receive eight hours of paid time off to allow them to volunteer at a non-profit of their choice.