Vermilion Credit Union tees up for the community

credit union community impact

What does more than $5.1 million dollars given back to communities look like?
It means money for university textbooks for hard-working students. It translates into extra hands helping build hampers at the local food bank. It enables local sports teams spend less time fundraising and more time practicing.
Support for community groups and organizations is part of the core values for all credit unions. That’s why we contributed more than $5.1 million in 2018 in the form of donations, donations-in-kind, sponsorships, scholarships and bursaries, and financial services for community organizations.
Take Vermilion Credit Union for example. Their annual Charity Golf Tournament, in its 19th year, is just one example of how they give back.
 “We want people to see us as actively supporting them and the organizations in their community all the time, not just sometimes,” says Christa Grocock, Manager of Member Experience at Vermilion Credit Union.
As of 2018, the tournament has raised $120,600 for multiple local groups and this year Mannville Minor Ball, Rusylvia Ball Diamonds and Vermilion Roar Lacrosse have been selected to receive funds. For all three teams, this means more money for facility and equipment rentals and improvements, buying safety and training gear, and keeping fees low so everyone can participate.
But why should sponsorship like this matter to you?
Credit union employees don’t just work in communities like Vermilion, they live there. They aren’t accountable to some far-away shareholder, but to the Vermilion Credit Union members, who are the owners of the institution and have a say in how it is run – including how money is invested back into the economy.

Banking with a credit union truly is banking local.
“As parents, friends and neighbours ourselves, we like to see our impact first-hand. We encourage staff to volunteer and support the communities we live in, doing everything from organizing educational seminars to attending local farm auctions,” says Christa. “It keeps us connected to what’s going on in the community.”
With the golf tournament just over a week away, things are gearing up at Vermilion as staff are busy getting ready. They are hoping to raise lots of funds for local groups and that all attendees have a great day of golf and fun for a good cause.
“For a small community organization, these funds make a huge difference. And the smiles on the faces of the kids when we present the cheque makes it worth all the effort.”
To support the Vermilion Charity Golf Tournament, check out their website here.