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Media Resources: Press Release


Bay Federal Credit Union Donates $17,576 to Children's Miracle Network

Capitola, CA – July 14, 2009 –

Bay Federal Credit Union employees and members raised $8,788 during their annual fundraiser for the Children's Miracle Network (CMN). These funds were matched by the CO-OP Network, a national credit union organization, bringing the total donation to $17,576. Bay Federal has raised over $150,000 for CMN since 1998.

Many nonprofits have reported difficulties with traditional fundraising efforts; most blame the current economy reason for decreases in private and corporate donations. Knowing that donations may be hard to come by, Bay Federal employees were very entrepreneurial in their fundraising endeavors. One group of employees transformed their branch break room into an Italian restaurant where they cooked and served pasta to their coworkers. Another employee team collected $5 for a “build-your-own ice cream sundae” buffet. Employees from multiple branches held a rummage sale held in a branch parking lot. Monetary donations from members were also accepted in Bay Federal's eight branch locations.

CMN is a non-profit organization dedicated to saving and improving the lives of children by raising funds for premier children's hospitals in every region of the country. 100% of Bay Federal's donations will be used to treat children at Salinas Valley Memorial Hospital and through the hospital’s community outreach dental and immunization programs.

"We are so grateful for business partners like Bay Federal Credit Union and their members for their help in raising money for children's critical health care needs," said Kendra Howell, Director of Corporate and Community Development for the Salinas Valley Memorial Hospital."

About Children's Miracle Network

Children's Miracle Network is the alliance of premier children's hospitals. Children's hospitals provide state-of-the-art care, life-saving research and preventative education for children, 24 hours a day, 365 days a year. There is a Children's Miracle Network hospital dedicated to serving children in every community across the United States and Canada. These hospitals are committed to providing the best care for children when they need it. www.childrensmiraclenetwork.org

About Bay Federal Credit Union

Bay Federal Credit Union is a full-service financial institution that serves over 60,000 members and 500 local businesses throughout Santa Cruz, San Benito and Monterey Counties. With over $600 million in assets, Bay Federal Credit Union is the largest member-owned financial institution in Santa Cruz County and has served its members and the community since 1957. Bay Federal supports many local organizations and schools each year and 100% of employees have given their own time and money to support the community for each of the last six years. www.bayfed.com.

CONTACT:

Amy Ivey, Assistant Vice President, Marketing and Development, Bay Federal Credit Union, aivey@bayfed.com, 831.477.8409
Patti Bond, Publicist, patti@bondmarcom.com, 831.464.7748

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