Monday, June 9, 2014

$60,000 to be donated by Community Financial through Summer of Sharing program



PLYMOUTH, Mich. – Community Financial Credit Union is asking nonprofit organizations throughout southeastern and northern Michigan, “What GOOD could you do with $1,000?”

That question kicks off another season of Summer of Sharing, when Community Financial donates $1,000 a day for 60 days to nonprofit organizations throughout Michigan. 

This is the credit union’s fourth year donating $1,000 a day in their Summer of Sharing program. President and CEO Bill Lawton is excited to keep the tradition of sharing alive in 2014.

“We are inviting the community to tell us which organizations are doing great work and deserve additional financial support,” Lawton said. “It is part of our culture to give back to our communities, and we are proud to bring Summer of Sharing back once again.”

Community Financial started accepting nominations from the public on May 27. Members of the community can visit www.SummerOfSharing.org to submit an essay-style nomination explaining how the nonprofit benefits the community. Nomination essays will stay live on the site for others to learn about how local nonprofit organizations benefit their community.

Throughout the next three months, Community Financial will announce the winning recipients on www.SummerOfSharing.org. Community Financial has donated over $180,000 through Summer of Sharing since 2011.


About Community Financial Credit Union
Headquartered in Plymouth, Michigan, membership in Community Financial Credit Union is open to anyone who lives, works, worships, or attends school in 23 Michigan counties. With more than 50,000 members, Community Financial provides financial services to members at ten branch locations and through a variety of automated and online services. For more complete membership information, visit www.cfcu.org or call (877) 937-2328.

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Community Financial appoints new board chair



PLYMOUTH, Mich. – Community Financial Credit Union announced Teresa Folino as the new Board Chair during the March 2014 executive board meeting.

"I am proud to welcome such an experienced industry professional as Teresa to chair the Community Financial Board," President and CEO Bill Lawton said.

Folino has served Community Financial as a board member for 12 years. She is employed as a claims manager in the Medicare/Medicaid administrative unit for AAA Auto Club Group in Dearborn, Michigan.

“I am very honored that the board of directors has elected me to lead our board,” Folino said. “I look forward to working with the board and management to continue to grow the credit union and provide outstanding service to our members.”

Folino has served on the board for other organizations in metro Detroit including the Northville Community Parks & Recreation Department. She has also been appointed to numerous state and local boards and committees, political campaigns from presidential to local races and the United States Junior Chamber of Commerce. Folino resides in Northville, Michigan.

“I can’t wait to take the next step in my service to a credit union that cares so much for its members and communities,” she said.

Folino took the position of Board Chairman on March 20. She replaces Board Chairman, Ronald Carlson.

“I would like to extend a warm welcome to Teresa as she is appointed with this exciting and fulfilling opportunity,” Carlson said. “I am certain she will lead Community Financial to a new realm of member satisfaction and financial responsibility.”

About Community Financial Credit Union
Headquartered in Plymouth, Michigan, membership in Community Financial Credit Union is open to anyone who lives, works, worships, or attends school in 23 Michigan counties. With more than 50,000 members, Community Financial provides financial services to members at 10 branch locations and through a variety of automated and online services. For more complete membership information, visit www.cfcu.org or call (877) 937-2328.    
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2014 Community Financial Credit Union Scholarship winners announced



PLYMOUTH, Mich. – Students from several high schools of northern and southeastern Michigan were honored as the 2014 Community Financial Scholarship award winners recently, continuing the credit union’s commitment to supporting youth and education in local communities.

Community Financial, in collaboration with the Community Foundation of Plymouth (CFP) and the Ann Arbor Area Community Foundation (AAACF), awarded scholarships to 18 students. Community Financial’s scholarships are awarded to students who exemplify the credit union’s “People Helping People” philosophy. Each student received a $1,000 Margaret Dunning, George Lawton Memorial or Employee Scholarship and were honored at a reception April 29, 2014.

This year’s scholarship winners are as follows:
George Lawton Memorial Scholarship winners include Alex Yue of Canton, Paul Mueller of Canton, James Anderson of Canton and Alyssa Ableidinger of Hillman;

Margaret Dunning Scholarship winners include Eilene Pawlik of Plymouth, Travis Vincent of Novi, Scott Obrec of Canton, Drake Eaton of Novi, Olivia Kaye of Canton, Kimberly Lieber of Westland, Kayley Crawford of Gaylord, Mark Hansen of Gaylord, Shannon Kievit of Lewiston and Tyler Tarbutton of Gaylord;

Employee Scholarship winners include Bridget Kerwin, Alex Hansen, Michaelene Michels and Alyssa Engle.

“All of these students are outstanding students and citizens and deserve our applause for their accomplishments so far,” said Bill Lawton, Community Financial president and CEO. “We are proud to support their education going forward and look forward to see what they accomplish next.”

Community Financial scholarships are part of an annual, essay and recommendation-based program.

About Community Financial Credit Union
Headquartered in Plymouth, Michigan, membership in Community Financial Credit Union is open to anyone who lives, works, worships, or attends school in 23 Michigan counties. With more than 50,000 members, Community Financial provides financial services to members at 10 branch locations and through a variety of automated and online services. For more complete membership information, visit www.cfcu.org or call (877) 937-2328.

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Community Financial Credit Union, P.O. Box 8050, Plymouth, Michigan 48170-8050;
© Community Financial 2013
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Federally insured by NCUA.