ARLINGTON, VA (July 14, 2022) – Arlington Community Federal Credit Union, a member-owned financial cooperative serving Arlington, Falls Church, Fairfax, and Alexandria, Virginia, announced today it has awarded $30,000 in grants as part of its 2022 community impact strategy. The three grantees are Bridges to Independence, Britepaths, and Friends of Guest House. Each organization received $10,000 for general capacity use.
The credit union selected impact organizations in Northern Virginia focused on housing opportunity, financial education, or workforce development for these reinvestment grants.
“Investing in local organizations allows us to live into our purpose as a community credit union,” states Arlington Community FCU’s CEO, Karen Rosales. “These three organizations have allowed us to become steeply embedded in our local communities and create a brighter financial future for our members and the greater Northern Virginia region.”
One of this year’s recipients, Friends of Guest House, runs a Workforce and Life Development Program that immerses clients in the experiences they need to successfully reenter the community after incarceration. The Alexandria-based nonprofit has helped over 4,000 women in Northern Virginia since its founding in 1974.
“Receiving this grant from Arlington Community FCU has been incredible for our organization,” says Friends of Guest House executive director Sonja Allen. “It has allowed our organization to make further strides in preventing the cycle of incarceration and intergenerational consequences prevalent in the lives of the women we serve. These funds helped us strengthen our workforce development programming, including critical target areas such as financial literacy, workforce readiness, and independent living.”
With Community at the center of their name, the credit union ensures they are reinvesting dollars on behalf of their cooperative membership.
Through these impactful partnerships, financial education programs for schools and nonprofits, and products that empower community members to reach their financial goals, Arlington Community FCU makes a daily positive impact.
For more information on Arlington Community FCU’s community initiatives, visit www.arlingtoncu.org/community.
Arlington Community Federal Credit Union Nonprofit Grant Recipients:
Bridges to Independence $10,000
This grant is being given for general capacity use in Housing Opportunity
Britepaths $10,000
This grant is being given for general capacity use in Financial Education
Friends of Guest House $10,000
This grant is being given for general capacity use in Workforce Development
About Arlington Community Federal Credit Union
For 70 years, Arlington Community FCU (arlingtoncu.org) has been committed to empowering the financial lives of its members. The credit union serves more than 23,000 members who live, work, worship, volunteer, attend school, and do business in Arlington, the City of Alexandria, the City of Falls Church, and Fairfax County. Arlington Community FCU has $431 million in assets and four branch locations in Arlington, Alexandria, and Falls Church, VA.