Florida’s largest credit union allocates $ 1 million to help with COVID-19

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The $ 11 billion Suncoast Credit Union said it is donating $ 1 million to help local community residents, first responders, healthcare workers, small business owners and education providers affected by COVID-19.

Last month, the Tampa, Florida-based credit union also contributed 500,000 meals to the Feeding Tampa Bay food bank. This donation was matched by the Rays Baseball Foundation and the Rowdies Soccer Fund, for a total of one million meals for those affected by the coronavirus crisis.

Suncoast executives have decided to focus on three main areas of need to deliver new funds that match the history and core values ​​of the credit union. These key areas – healthcare, hunger and education – have been severely affected by the COVID-19 pandemic, the credit union said in a statement.

In health care, for example, the Lee Memorial Hospital in Fort. Myers, Fla., Tampa General Hospital and Tampa Bay Crisis Center will each receive $ 100,000 to provide first responder assistance, mental health support for patients and employees, child care children on site for hospital staff and other mental health services.

An additional $ 100,000 will be allocated to Feeding Florida, the state’s food bank network, which has seen a 40% increase in food demands from local residents struggling with the health and economic crisis. An additional $ 200,000 will be donated to other organizations such as Meals on Wheels, United Way and community food banks, which deliver meals and food items to those in need.

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The City of Tampa will receive $ 100,000 from Suncoast’s donation to help small businesses and local residents who need help paying their rent, mortgage and utilities.

Approximately $ 250,000 will support local colleges, educational foundations and an early childhood education center.

“While we are focused on supporting our members financially, we feel a moral obligation to meet other basic needs during this very difficult time. We admire and are inspired by other charities that come to the aid of private donations like ours, ”said Kevin Johnson, President and CEO of Suncoast Credit Union. “People are fighting through no fault of their own and with the support of our board of directors, Suncoast is committed to doing what we can to meet these serious needs. “

While Suncoast is an active member of the communities it serves both as a community partner and with funding from the Suncoast Credit Union Foundation, the $ 1 million donation is the first of its size in 86 years of history of the credit union.

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