The New York Credit Union Association (NYCUA) has released its 10th annual MORE Report, a compilation of credit union outreach stories that highlight the positive difference New York credit unions make for their members and communities.
The MORE Report highlights New York credit unions’ efforts in seven categories: adult financial education; community investment and outreach; customized products and services; financial counseling; immigrant outreach; Volunteer Income Tax Assistance (VITA); and youth financial education.
“The latest MORE Report is truly a testament to the credit union social mission,” said NYCUA President/CEO William J. Mellin. “Credit unions from every corner of New York are represented in this powerful report, which highlights the positive impact the state’s not-for-profit financial cooperatives have on their members, their communities and the state as a whole.”
According to the report, in 2015, New York’s credit unions provided:
The state’s credit unions also helped New Yorkers file 121,000 tax returns and claim $79 million in tax credits and benefits through VITA, a federal program that offers free tax services to qualifying individuals.
To help highlight key statistics from the MORE Report, NYCUA also released a new video.
The MORE Report is shared with credit unions, legislators, the media and the public statewide.