MADISON, Wis. (5/27/14)--Credit unions and other financial institutions often close their doors in observance of Memorial Day, but many credit unions throughout the country found additional ways to honor the military this year for Memorial Day, and for National Military Appreciation Month.
|Arizona State CU hangs a banner and flags to recognize fallen heroes for their service. (Business Wire photo)|
For example, Arizona State CU gained national coverage for its decision to hang all 27 versions of the American Flag on its headquarters in Phoenix to celebrate the national holiday Monday.
The flags will hang May 22-28, and a banner reading "Honoring Fallen Heroes" will grace the southwest side of the building (Reuters May 22).
"It is important to recognize the sacrifices of the heroes who safeguard our nation," said David E. Doss, president/CEO of the $1.6 billion-asset credit union. "On behalf of Arizona State Credit Union associates, we would like to thank our servicemen and women for everything that they do, and we wish all Arizonans a happy and safe Memorial Day."
InTouch CU, Plano, Texas, with $811 million in assets, will match donations made at its branches this month to the Cell Phones for Soldiers organization, which raises funds by recycling used cell phones (Daily Tribune May 22).
The funds are used to purchase prepaid international calling cards for servicemembers stationed overseas to call loved ones back home (See News Now May 20: Financial worries challenge nation's servicemembers).
America's Christian CU (ACCU), Glendora, Calif., with $278 million in assets, will host Patriot Week this week in celebration of military heroes and first responders at their headquarters in Glendora.
The celebration has been put together in partnership with Project Glendora Yellow Ribbon, a grassroots outfit aiming to gain public recognition for Glendorans serving in the military.
The week starts off with opening ceremonies today, where city officials, military groups and community members will dedicate the week to celebrating and expressing gratitude for their local military heroes.
ACCU also will donate $10 to Project Glendora for every new account opened at the Glendora branch during Patriot Week to raise funds to replace banners that have been damaged by recent strong winds and storms.
Meanwhile, several Illinois-based credit unions have been working to support military members all year.
More than 140 gravesites at the Abraham Lincoln National Cemetery were recently decorated with wreaths thanks to a sponsorship by NuMark CU, Joliet, Ill., with $187 million in assets; and Alliant CU, Chicago, with $8 billion in assets, recently was recognized by the Professional Women's Foundation for its work in helping women veteran's gain access to financial literacy resources.
Other ways credit unions celebrated Memorial Day: