Financial Resources Federal Credit Union

Press Releases

June 14, 2010

Financial Resources raises $15,000 for Somerset Medical Center Foundation and $2,200 for Shannon Daley Memorial Fund

Bridgewater, NJ – Financial Resources FCU Foundation announced that its annual charity event held this year on Monday, May 10, 2010 at The Palace at Somerset Park raised over $17,000 to benefit Somerset Medical Center Foundation and The Shannon Daley Memorial Fund.

Somerset Medical Center (http://www.somersetmedicalcenter.com) is a nationally accredited, 355-bed regional medical center that provides comprehensive emergency, medical/surgical and rehabilitative services to Central New Jersey residents. As the only hospital in Somerset County, Somerset Medical Center touches people of all ages and backgrounds and each year delivers 1,500 newborns to families in our community.

At the request of the Somerset Medical Center Nursing staff, the $15,000 donation to the Medical Center will be used to purchase a new incubator (also called an isolette) for SMC’s Special Care Nursery. A baby, especially a premature baby, who cannot maintain body heat, can be protected from drafts and cold while the incubator offers continuous monitoring of both central and peripheral body temperature for the baby. By monitoring both temperatures, caregivers are better able to anticipate the changing needs of the baby.

The evening’s silent auction proceeds of $2,200 went to Shannon Daley Memorial Fund (http://www.shannonfund.org/). The Fund helps local area residents (within a 30-mile radius of Readington Township, NJ) who are facing financial difficulties due to a child facing serious illness.

Sponsoring the event were Diebold, Inc., of North Canton, OH, and James Toyota Kia, of Flemington, NJ.

Financial Resources FCU Foundation, who organizes charitable events for Financial Resources Federal Credit Union, hosted the charity event. Lena Matthews, President & CEO of the Credit Union and Chairman of the Foundation said, "We were extremely pleased with the support for and turnout at this year's event. We could not have done it without the help from our sponsors and guests."

Matthews added, "I also want to extend special gratitude to Diebold and James Toyota Kia of Flemington for once again graciously and generously supporting our event this year. Everyone's generous response will help Somerset Medical Center forward their mission of providing comprehensive health care of the highest quality to our community and The Shannon Daley Fund’s efforts to support area families in need.

Over the last 18 years, the Credit Union and Foundation have raised over $400,000 to benefit charities and medical institutions that provide services to needy children.

FINANCIAL RESOURCES FEDERAL CREDIT UNION BACKGROUNDER
Financial Resources Federal Credit Union, formerly the Ethicon Employees Federal Credit Union, is a federally chartered credit union that offers a variety of financial products and services to its members, and business services for its member companies, organizations, and the communities of Flemington and the greater New Brunswick/Somerset area. Financial Resources is regulated by the National Credit Union Administration (NCUA), and savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Headquartered in Bridgewater, NJ, Financial Resources has almost 25,000 members and total assets approaching $400 million.

The Financial Resources FCU Foundation, Inc., is a tax-exempt charitable organization under section 501(c)(3) of the Internal Revenue Code. The Foundation hosts charitable events for Financial Resources FCU. Donations are tax-deductible.

James Toyota Kia (http://www.jameskia.com/) is a Toyota and Kia new, certified and used car dealer on Route 202 in Flemington, NJ.

Diebold (http://www.diebold.com/) is a leading global provider of integrated self-service delivery systems, security and services.

Lena Matthews (r), President & CEO of the Credit Union and Chairman of the Foundation, presents a check for $15,000 to Ken Bateman, President/CEO of Somerset Medical Center.

Lena Matthews (l), President & CEO of the Credit Union and Chairman of the Foundation, presents a check for $2,200 representing the silent auction proceeds to Paul McGill, Vice President of Shannon Daley Memorial Fund.

The Financial Resources FCU Foundation, Inc., is a tax-exempt charitable organization under section 501(c)(3) of the Internal Revenue Code. The Foundation hosts charitable events for Financial Resources FCU. Donations are tax-deductible.

April 12, 2010

Financial Resources Federal Credit Union’s "Jeans Day Friday" program provides $6,564 in charitable contributions

Bridgewater, NJ – Borrowing an approach to "Casual Fridays," Financial Resources Federal Credit Union established "Jeans Day Friday" in 2005 whereby twice each month, Credit Union employees are permitted to wear jeans by contributing at least $5.00 to a fund maintained by the Credit Union’s Foundation, Financial Resources FCU Foundation, Inc., for the benefit of local charitable organizations. A committee representing the Credit Union’s employees names the recipients of those proceeds. With more than 50 employees at the Bridgewater location, this opportunity for a relaxed day at work builds a significant pool of funds over the course of a year to support the charities. Since 2005, the program has raised over $20,000.

On March 24, 2010, the Board of Trustees of Financial Resources FCU Foundation, Inc. affirmed the organizations named as the recipients of the Credit Union’s "Jeans Day Friday" program and the amount dedicated to each organization by credit union employees from the funds raised in 2009. The amounts contributed to each organization, including a special drive to raise funds for the Haiti Relief Fund, also include a 100% match made by the Credit Union and totaled $6,564.

Lena Matthews, President & CEO of the Credit Union and Chairman of the Foundation expressed gratitude for the support shown by the Credit Union’s employees, "On behalf of the employees of Financial Resources FCU, we are delighted to support these organizations."

Financial Resources distributed the funds evenly to four local charities and through a special allocation to the Haiti Relief Fund as a result of their Jeans Day program.

St. Peter’s University Hospital Child Life Program	$ 1,280.50
Resource Center of Somerset (formerly known as The Resource Center for Women and Families)	$ 1,280.50
The Midland School	$ 1,280.50
Samaritan Homeless Interim Program (S.H.I.P.)	$ 1,280.50
Haiti Relief Fund	$ 1,442.00
Total amount for named organizations from Jeans Day:	$ 6,564.00

FINANCIAL RESOURCES FEDERAL CREDIT UNION BACKGROUNDER

Financial Resources Federal Credit Union, formerly the Ethicon Employees Federal Credit Union, is a federally chartered credit union that offers a variety of financial products and services to its members, and business services for its member companies, organizations, and the communities of Flemington and the greater New Brunswick/Somerset area. Financial Resources is regulated by the National Credit Union Administration (NCUA), and savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. Headquartered in Bridgewater, NJ, Financial Resources has almost 25,000 members and total assets of over $350 million.

January 12, 2010

Financial Resources Serves Up Support for Local Food Banks and CASA SHaW

Bridgewater, NJ –

Once again, Financial Resources FCU, has stepped up to help those in need this holiday season.

In their continued efforts to support and give back to the communities that they serve, Financial Resources FCU, headquartered in Bridgewater, NJ, donated $2,200 worth of food and essentials to four area food banks and also assisted Court Appointed Special Advocates of Somerset, Hunterdon and Warren Counties, (CASA SHaW) (http://www.casashaw.org) a very special organization which helps locally abused and neglected children.

The food bank effort all started when Credit Union employees offered to volunteer their time at the Somerset County Food Bank. It was then that they learned that the requests for food were twice as many as they were last year. In response to this urgent need, a team of Financial Resources employees ordered, sorted and personally delivered grocery items and essentials to each of four area food banks including The Franklin Township Food Bank, www.franklinfoodbank.org/, The Food Bank Network of Somerset County, www.somersetfoodbank.org/, The Flemington Area Food Pantry, http://flemafp.com/, and the Hillsborough Food Pantry (phone: 908-369-3880).

"One of our strategic priorities is to be an active and supportive partner in the communities we serve," said Lena Matthews, President and CEO of Financial Resources FCU, "But we’re also committed to improving the quality of life in our branch communities, which is why we’ve partnered again with CASA SHaW to help support the wonderful work that they do."

For the second consecutive holiday season, Financial Resources supported CASA SHaW by sponsoring 40 children during the holidays. Each of the children submitted a holiday wish list to Financial Resources employees and members of the credit union’s Board of Directors, who then enjoyed shopping and wrapping the gifts for the children. Some sponsored as many as three children. In addition to the child sponsorships each of the last two years, CASA SHaW was also the beneficiary at Financial Resources Foundation’s main charity event in the spring of 2007.

This generous response by Financial Resources FCU underscores their continuing support of the food banks in Somerset and Hunterdon Counties (NJ), CASA SHaW, and the communities that they serve. Please join Financial Resources FCU in supporting these critically important local organizations and making the New Year brighter for those in need.

FINANCIAL RESOURCES FEDERAL CREDIT UNION BACKGROUNDER

The Food Bank Network of Somerset County (NJ) mission is to distribute food and other basic human needs to those less fortunate in the community in a manner, which recognizes and advances self worth and human dignity.

The Franklin Township Food Bank's mission is to reach out to the community and provide food and assistance to people in need in an atmosphere of dignity and respect.

The Flemington Area Food Pantry’s mission is to provide food to eligible citizens of Hunterdon County. The Food Pantry is a volunteer organization distributing food received from the citizens and businesses of Hunterdon County to persons certified by governmental social programs as well as those referred by leaders of county religious congregations. It is supplemental to other program resources.

Court Appointed Special Advocates of Somerset, Hunterdon and Warren Counties, working as part of a network of local, statewide CASA programs, ensure that children, who are victims of physical, sexual, and/or psychological abuse or outright abandonment, have a voice in court proceedings that determine their fates.

May 28, 2009

Financial Resources Raises $15,000 for Children's Charity

Bridgewater, NJ – Financial Resources FCU Foundation announced that its annual charity event held this year on Monday, May 18, 2009 at The Palace at Somerset Park raised $15,000 to benefit Ocean of Love . Ocean of Love is a non-profit, charitable organization dedicated to helping children with cancer and their families. Their purpose is to assist the children through their illness. Ocean of Love provides financial and emotional support so that they can experience the "normal" joys of childhood, knowing their lives are significant and meaningful to each and every one of us. Over 350 families have been helped since 1988. Each family is treated as friends . . . they are not a number or name without a face. Many consider Ocean of Love a lifeline to hold onto at any time, day or night. When we lose a child to cancer, contact with the family does not end; this is when they are needed even more.

Sponsoring the event were Diebold, Inc., of North Canton, Ohio, and James Toyota Scion , of Flemington, NJ.

The charity event was hosted by Financial Resources FCU Foundation, who organizes charitable events for Financial Resources Federal Credit Union. Lena Matthews, President & CEO of the Credit Union and Chairman of the Foundation said, "We were extremely pleased with the support for and turnout at this year's event, especially during these tough economic times. We could not have done it without the help from our sponsors and guests."

Matthews added, "I also want to extend special gratitude to Diebold and James Toyota Scion for once again graciously and generously supporting our event this year. Everyone's generous response to such a worthy cause will help Ocean of Love carry forward their mission of helping children with cancer and their families."

Over the last 17 years, the Credit Union and Foundation have raised over $375,000 to benefit charities and medical institutions that provide services to needy children.

James Toyota Scion (http://www.jamestoyotascion.com) is a Toyota certified new and used car dealer on Route 202 in Flemington, NJ.

Diebold (http://www.diebold.com ) is a leading global provider of integrated self-service delivery systems, security and services.

FINANCIAL RESOURCES FEDERAL CREDIT UNION BACKGROUNDER

August 7, 2008

Financial Resources FCU branches out in Hillsborough, NJ

Bridgewater, NJ – Financial Resources FCU recently opened a new branch at 1 New Amwell Road in Hillsborough, NJ to complement eight of its existing Johnson and Johnson in-company locations throughout central New Jersey. This is the credit unions’ fourth branch location that’s available to their local membership base as well as area companies and organizations that offer the credit union’s services to their employees and members. Financial Resources has 16 branches, of which 11 are located in New Jersey, two in Pennsylvania, and one each in Massachusetts, Ohio and New Mexico.

The credit union’s move into the new market was done to improve service convenience to almost 1,400 members that live near the Hillsborough, NJ area and commute past the branch on their way to and from work, and to offer opportunities to bank at the credit union’s branches by family members and co-workers. The new branch also offers the more than 1,200 area employers in the area the opportunity to offer credit union membership to their employees as a free, added benefit.

Located in a facility previously occupied by a bank that had been recently acquired by another financial institution and then subsequently closed, the new branch features a drive-up ATM and 54 hours of weekly service, Monday through Saturday.

June 18, 2008

Financial Resources FCU Foundation Raises $17,000 for Children’s Cancer Charity

Bridgewater, NJ –Financial Resources FCU Foundation today announced that its annual charity event held this year on May 1, 2008, at the Palace at Somerset Park in Somerset raised $17,000 to benefit the Fighting Children’s Cancer Foundation (http://www.fccf.info) of Flemington, NJ.

FCCF provides emotional and financial assistance to children afflicted with cancer and to their families. They are committed to supporting the families in their efforts to improve the quality of the ill child’s life. Another objective of the FCCF is to heighten awareness of the plight of these children and their families to generate additional support for the Foundation’s efforts.

The successful and enjoyable evening featured The World’s Foremost Mind Reader, Robert Channing, as well as cocktails and dinner. Sponsoring the event were James Toyota Scion of Flemington, NJ, and Diebold Inc. of North Canton, OH.

The Charity Event was hosted by Financial Resources FCU Foundation, who organizes charitable events for Financial Resources Federal Credit Union. Lena Matthews, President and CEO of the Credit Union and Chairman of the Foundation said, “We were very pleased with the turnout at this year’s event. We could not have done it without the help from our sponsors and guests. A special thank you also goes out to Ray DelNero of Merck Employees Federal Credit Union for contributing his share of the 50/50 back to our Foundation and Laura Botsacos, Vice President and Operating Partner of James Toyota Scion, for surprising us with a matching contribution to the total amount raised in the 50/50. The generous response to such a worthy cause will help FCCF carry forward their mission in supporting families in their efforts to improve the quality of the ill child’s life.”

James Toyota Scion (http://www.jamestoyotascion.com) is a Toyota certified new and used car dealer on Route 202 in Flemington, NJ.

Diebold (http://www.diebold.com ) is a leading global provider of integrated self-service delivery systems, security and services.

FINANCIAL RESOURCES FEDERAL CREDIT UNION BACKGROUNDER

Financial Resources Federal Credit Union, formerly the Ethicon Employees Federal Credit Union, is a federally chartered credit union that offers a variety of financial products and services to its members, and business services for its member companies, organizations, and the communities of Flemington and the greater New Brunswick/Somerset area. Financial Resources is regulated by the National Credit Union Administration (NCUA), and savings are federally insured to at least $100,000 and backed by the full faith and credit of the United States Government. Headquartered in Bridgewater, NJ, Financial Resources has almost 25,000 members and total assets of over $300 million.

Financial Resources raises $15,000 for Somerset Medical Center Foundation and $2,200 for Shannon Daley Memorial Fund

Somerset Medical Center (http://www.somersetmedicalcenter.com) is a nationally accredited, 355-bed regional medical center that provides comprehensive emergency, medical/surgical and rehabilitative services to Central New Jersey residents. As the only hospital in Somerset County, Somerset Medical Center touches people of all ages and backgrounds and each year delivers 1,500 newborns to families in our community.

At the request of the Somerset Medical Center Nursing staff, the $15,000 donation to the Medical Center will be used to purchase a new incubator (also called an isolette) for SMC’s Special Care Nursery. A baby, especially a premature baby, who cannot maintain body heat, can be protected from drafts and cold while the incubator offers continuous monitoring of both central and peripheral body temperature for the baby. By monitoring both temperatures, caregivers are better able to anticipate the changing needs of the baby.

The evening’s silent auction proceeds of $2,200 went to Shannon Daley Memorial Fund (http://www.shannonfund.org/). The Fund helps local area residents (within a 30-mile radius of Readington Township, NJ) who are facing financial difficulties due to a child facing serious illness.

Sponsoring the event were Diebold, Inc., of North Canton, OH, and James Toyota Kia, of Flemington, NJ.

Financial Resources FCU Foundation, who organizes charitable events for Financial Resources Federal Credit Union, hosted the charity event. Lena Matthews, President & CEO of the Credit Union and Chairman of the Foundation said, "We were extremely pleased with the support for and turnout at this year's event. We could not have done it without the help from our sponsors and guests."

Matthews added, "I also want to extend special gratitude to Diebold and James Toyota Kia of Flemington for once again graciously and generously supporting our event this year. Everyone's generous response will help Somerset Medical Center forward their mission of providing comprehensive health care of the highest quality to our community and The Shannon Daley Fund’s efforts to support area families in need.

Over the last 18 years, the Credit Union and Foundation have raised over $400,000 to benefit charities and medical institutions that provide services to needy children.

FINANCIAL RESOURCES FEDERAL CREDIT UNION BACKGROUNDER

James Toyota Kia (http://www.jameskia.com/) is a Toyota and Kia new, certified and used car dealer on Route 202 in Flemington, NJ.

Diebold (http://www.diebold.com/) is a leading global provider of integrated self-service delivery systems, security and services.

April 12, 2010

Financial Resources raises $15,000 for Somerset Medical Center Foundation and $2,200 for Shannon Daley Memorial Fund

Sponsoring the event were Diebold, Inc., of North Canton, OH, and James Toyota Kia, of Flemington, NJ.

Over the last 18 years, the Credit Union and Foundation have raised over $400,000 to benefit charities and medical institutions that provide services to needy children.

FINANCIAL RESOURCES FEDERAL CREDIT UNION BACKGROUNDER

James Toyota Kia (http://www.jameskia.com/) is a Toyota and Kia new, certified and used car dealer on Route 202 in Flemington, NJ.

Diebold (http://www.diebold.com/) is a leading global provider of integrated self-service delivery systems, security and services.

April 12, 2010

Sponsoring the event were Diebold, Inc., of North Canton, OH, and James Toyota Kia, of Flemington, NJ.

Over the last 18 years, the Credit Union and Foundation have raised over $400,000 to benefit charities and medical institutions that provide services to needy children.

FINANCIAL RESOURCES FEDERAL CREDIT UNION BACKGROUNDER

James Toyota Kia (http://www.jameskia.com/) is a Toyota and Kia new, certified and used car dealer on Route 202 in Flemington, NJ.

Diebold (http://www.diebold.com/) is a leading global provider of integrated self-service delivery systems, security and services.