The WFCU Credit Union has announced several community investments as part of the grand opening celebration of the organization’s newest location in Chatham.
During an event at the credit union’s fourteenth retail branch at 814 St. Clair St., WFCU announced that it will be donating $50,000 to the Scottish Borderers Foundation’s ‘Service, Sacrifice and Duty’ capital fundraising campaign in support of the Essex-Kent Scottish Regiment.
Foundation board member Glenn Stannard said the money will be put back into the community by supporting the regiment.
“We have no employees, so it 100 per cent goes towards the investment part and the interest each year supports the needs [of the regiment],” he said. “They could be for the pipe band… also we support monuments here in Canada and in Europe.”
In addition to the regiment, the credit union said it will be supporting the Habitat for Humanity Chatham RiverRun, Crowfest, the Chatham-Kent Hospice Foundation Benefit Gala, the Chatham Goodfellows Halloween Spooktacular, and the Chatham-Kent Health Alliance Foundation Christmas Wish Tree campaign. Over the past few months, WFCU has also sponsored Retrofest in Chatham and the Buxton 100 Homecoming celebration.
WFCU President and CEO Eddie Francis said the philosophy of the organization is to support local community causes and priorities.
“The investments we would be making in Chatham, beyond our members and beyond our staff, will be those community causes, those community groups, community initiatives that are a priority for the region and a priority for WFCU,” he said.
WFCU is the sixth-largest credit union in Ontario, and has been headquartered in Windsor and Essex County since 1940. The credit union operates nine retail locations across Windsor-Essex, one in Chatham, one in London, and three in the Waterloo Region.