PYMNTS-MonitorEdge-May-2024

Card Issuer Elan Launches Charitable Giving Program

Elan, credit unions, charity, donation

Card issuer Elan has launched its Across the Country Charitable Giving program, benefiting 50 charities across the United States.

The program, announced in a news release Thursday (Feb. 10), randomly selected 50 of Elan’s more than 250 credit union (CU) partners to give back to the communities they serve.

The program lets the CUs identify a charity of their choice, in their community. From there, Elan will donate $12,500 to the designated organization on the CU’s behalf.

“Credit unions are a vital resource for their communities, with a mission to serve members and neighbors,” John Owens, Elan’s credit card general manager, said in the release. “We’re proud to launch Across the Country Charitable Giving and help support the positive impact our credit union partners have on their communities.

“We believe giving back is more important than ever and including our credit union partners was a meaningful component of bringing this project to fruition.”

Read more: Elan Joins African American Credit Union Coalition To Boost Diversity

In addition to a providing a monetary donation to each organization, Elan hopes to organize in-person volunteer events in some areas to give its team members a chance to work alongside the company’s CU partners and serve their neighbors.

Participating CUs and their charities include:

  • ACT 1st Federal Credit Union (Walk to End Alzheimer’s)
  • Community 1st Credit Union (Food Bank of Iowa)
  • DoverPhila Federal Credit Union (United Way Tuscarawas County)
  • Greater Nevada Credit Union (Special Olympics Nevada)
  • Maine Solutions Federal Credit Union (Maine Credit Unions’ Campaign for Ending Hunger)
  • Northwestern Mutual Credit Union (Ronald McDonald House Charities® of Eastern Wisconsin)
  • Philadelphia Letter Carriers Federal Credit Union (Transformation to Recovery)
  • Santa Fe Federal Credit Union (High Plains Children’s Home)
  • Louis Community Credit Union (Prosperity Connection)
  • Tennessee Valley Federal Credit Union (Partnership for Families, Children and Adults/YMCA of Metropolitan Chattanooga)

Last year, Elan became a member of the African American Credit Union Coalition (AACUC), a nonprofit organization of African American professionals working to diversify credit. The partnership will mean more resources are available to the AACUC, furthering its mission of closing the racial gap in credit.

PYMNTS-MonitorEdge-May-2024