| January 13, 2012
Financial Resources Federal Credit Union’s Food Drive Benefits Four Food Pantries
 |
| Photo shows a team of Credit Union employees getting ready to sort grocery items and essentials to be distributed to four area food banks. |
Bridgewater, NJ – In 2010, nearly 49 million Americans, or 32.6 million adults and 16.2 million children were not sure where their next meal was coming
from. Right now, millions of Americans are struggling with hunger. These are often hard-working adults, children and seniors who simply cannot make ends meet and are forced to go without food for several meals, or even days. They are unable to consistently get nutritious and adequate amounts of food to maintain a healthy life. (USDA. Coleman-Jensen, A., Nord, M., Andrews, M., & Carlson, S. Household Food Security in the United States in 2010.)
To help people in several local communities, employees of Financial Resources Federal Credit Union (FCU), with headquarters in Bridgewater, N.J., held its third annual food drive during December to support four local food banks: the Franklin Township Food Bank, the Food Bank Network of Somerset County, the Flemington Area Food Pantry, and the Hillsborough Food Pantry.
Financial Resources FCU employees separated and packaged the food, and at the end of the drive, each branch delivered the food to their local food bank.
Lena Matthews, CEO of Financial Resources FCU, says, “Financial Resources is committed to supporting our local food banks particularly in the current economy when many people are struggling financially, and the need for help is greater than ever. A top priority for us is giving back to our communities.”
For more information, contact Daniel Gontcharenko, Director of Marketing, at 908-253-6431.
|
| January 13, 2012
Financial Resources Federal Credit Union Donates Holiday Toys for Children
Employees and members of Financial Resources Federal Credit Union, with headquarters in Bridgewater, N.J., participated in Gifts of the Season, the 2011 United Way Toy Drive by filling decorated toy collection boxes at Financial Resources FCU’s five branches in Bridgewater, Green Brook, Hillsborough, Flemington and Somerset with hundreds of unwrapped toys for children in need and to help families struggling to make ends meet.
Receiving the gifts for their children meant that parents could use their limited financial resources for their family’s basic needs, such as food, utilities, rent, etc. without going into debt to pay for gifts for their children.
Lena Matthews, CEO of Financial Resources FCU, says, “The Gifts of the Season toy drive is a great way to encourage community involvement for such a great cause. We feel this is the least we can do to help make the holiday season a happy time for children and their families in the community.”
Each year, thousands of low-income families and individuals receive holiday gifts thanks to the generosity and contributions of local organizations, such as Financial Resources FCU. This was the second consecutive year Financial Resources FCU participated in the United Way Toy Drive. Last year, alone, more than 13,000 gifts were distributed.
Gifts of the Season is a partnership effort of Somerset County United Way, the Somerset County Food Bank Network, the Somerset County Board of Social Services and many other local agencies that serve low-income families.
For more information, contact Daniel Gontcharenko, Director of Marketing, at 908-253-6431.
 |
 |
| Bridgewater Toy Drive (left to right): Credit Union employees Denise Sullivan, James O'Gorman, Phyllis Migliore, Janice LaBrutto, Amardeep Sood |
Green Brook Toy Drive (left to right): Credit Union employees Susan Weinberg, Carolyn Nepton, Karen Brady, Judy Williams-Deitrick |
 |
 |
| Hillsborough Toy Drive (left to right): Credit Union employees Gina Simon, Jennifer Kielbus, Susan Benitz, Colleen Kassick |
Somerset Toy Drive (left to right): Credit Union employees Amritha Murali, Nancy Topchev, Casey Barletti, Susanna Thelusma, Tiffany Johnson |
 |
| Flemington Toy Drive (left to right): Credit Union employees Kelly Lally, Mary Pietryk, Mauricio Ramos |
|
| January 13, 2012
Financial Resources Federal Credit Union Sponsors Children for the Holiday
Bridgewater, NJ – The employees, board of directors, and supervisory committee of Financial Resources Federal Credit Union, with headquarters in Bridgewater, N.J., made sure that 30 local children, who have been separated from their families, had a gift to open this holiday. The children were identified by age and gender though CASA SHaW (Court Appointed Special Advocates of Somerset, Hunterdon and Warren counties), an agency that provides trained community volunteers to act as advocates in court for children who have been abused or neglected and are in the foster care system.
Receiving a gift during the holidays is a bright spot for these children who have been separated from their families and rely on the charity of others for any gifts that they get. Financial Resources employees and members of the Credit Union’s Board of Directors and Supervisory Committee sponsored one or more children, and shopped and wrapped gifts for them based on a wish list. CASA SHaW has been a charity supported by the Financial Resources Foundation and this is the fourth consecutive holiday season that the credit union supported CASA SHaW’s holiday gift program.
Lena Matthews, CEO of Financial Resources Federal Credit Union, says, “"Being in foster care is hard enough. We wanted to make the holidays as happy as possible for these children. We hope that our small contributions during the holidays made a difficult situation as good as possible for the children that had to go through it.”
For more information, contact Daniel Gontcharenko, Director of Marketing, at 908-253-6431 or visit http://www.casashaw.org/.
|
| November 17, 2011
Financial Resources FCU
 |
| Members of the Financial Resources FCU team received the Breakthrough Lender of the Year Award from the SBA on November 8 at The Newark Club. Holding the award is SVP of Lending Marc Sovelove, with SBA District Director Alfred Titone to his right and Financial Resources FCU CEO Lena Matthews. |
awarded
SBA’s “Breakthrough Lender of the Year”
BRIDGEWATER, NJ – Among a sea of big banks, Financial Resources FCU stood out at the Lender Awards Ceremony of the New Jersey District Office of the Small Business Administration as it was honored as the “Breakthrough Lender of the Year.” Lena Matthews, Financial Resources FCU CEO, and fellow executives accepted this prestigious award at the Newark Club in Newark, N.J. on the morning of November 8, 2011.
Recognized for netting 13 SBA loans totaling approximately $1.5 million, these loans also made Financial Resources the most active new SBA lender in the state for 2011. Financial Resources offers the SBA 7A and the much touted Patriot Express Loan that is designed to help veterans and members of the military expand or start a small business.
“We are very excited about this. We were able to meet member needs with these SBA loans. It’s good for the economy and for us it is the start of what we expect to be long-term success in business lending,” said CEO Lena Matthews. “Our SBA success this year has been a true team effort,” added Mark Sovelove, senior vice president of lending at Financial Resources, who brings a strong business lending background from his days in community banking. He also pointed out that Financial Resources has been active in business lending beyond SBA loans, including a $2 million plus solar loan earlier this year.
NJCUL President/CEO Paul Gentile was in attendance. “This is a milestone for this credit union. They are committed to helping their members and the economy with strong business lending. It was nice to see a credit union honored amidst all the large banks in the room,” said Gentile.
“Knowing that our loans have had a positive impact on our local economy is award enough,” summed up Ms. Matthews, “but being recognized by the SBA is further proof that our dedication to our local communities is respected and appreciated.”
According to the SBA, Financial Resources is the first lender to receive the Breakout Lender award in New Jersey.
|
| October 3, 2011
Financial Resources FCU helps local veteran open new
 |
| Dr. Michael Eosso, (right) owner of Back in Health Chiropractic, in Branchburg, NJ, and Marc Sovelove, Sr. VP of Lending for Financial Resources Federal Credit Union pose in front of some of the office’s new equipment. |
business with an SBA Patriot Express loan
Bridgewater, NJ – One of the best ways to honor our veterans and their families is to help them get re-established in their civilian lives. Financial Resources Federal Credit Union helped put those words into action by closing on its first Patriot Express loan, as part of the Small Business Administration’s (SBA) Patriot Express Pilot Loan Initiative program.
Earlier this year, Financial Resources FCU became the first credit union in the area to be part of the Patriot Express Pilot Loan Initiative program created by the SBA to help veterans and members of the military community establish or expand small businesses. Dr. Michael Eosso, a veteran of the United States Navy, will be using this loan to help start-up his chiropractic office in Branchburg, New Jersey.
Marc S. Sovelove, Senior Vice President of Lending, and his Member Business Lending team worked closely with Dr. Michael Eosso to make the loan process more accessible and easy to use. According to Dr. Eosso, “This loan has allowed me to get office space and purchase necessary equipment…for that, I am very grateful.” Mr. Sovelove added, “We are proud to do our part to help our veterans and their families… we look forward to making many more loans of this kind.”
Patriot Express loans are available to veterans, members of the military community and their families. They can be used for start-up costs, equipment purchases, business-occupied real estate purchases, working capital, expansion and more. Typically, Patriot Express loans feature the SBA’s lowest interest rates for business loans, generally 2.25 percent to 4.75 percent over prime depending upon the size and maturity of the loan. For more information on eligibility and business financing, contact Marc S. Sovelove at 908.253.6424.
|
| September 23, 2011
Financial Resources FCU designated as Preferred Lender by U.S. Small Business Administration
Bridgewater, NJ - The U.S. Small Business Administration (SBA) has designated Financial Resources Federal Credit Union as a Preferred Lender. Preferred Lender status enables Financial Resources to provide quicker processing and loan approval to small business owners, which in turn allows these businesses to grow and expand. This makes Financial Resources an important partner in helping to create jobs and further economic development in the local economy.
Financial Resources Federal Credit Union is one of five credit unions in New Jersey participating in the SBA lending program, and the only one to have achieved the Preferred Lender status. Nationwide, less than 20% of all approved SBA lenders achieve this designation.
The Preferred Lenders Program (PLP)
The Preferred Lenders Program (PLP) is part of SBA's effort to streamline the procedures necessary to provide financial assistance to the small business community. Under this program, SBA delegates the final credit decision and most servicing and liquidation authority and responsibility to carefully selected PLP lenders. SBA, however, will continue to check loan eligibility criteria.
Lenders are considered for PLP status based on their record with SBA, and must have demonstrated a proficiency in processing and servicing SBA-guaranteed loans. In the event of payment default by the borrower and the need for enforced collections, the PLP lender agrees to liquidate all business assets before asking SBA to honor its guaranty.
For more information on SBA loan programs, please call a Financial Resources business lending specialist at 908.253.6424.
|
| September 2, 2011
Financial Resources FCU Foundation Announces Scholarship Winners
Bridgewater, NJ – Financial Resources FCU Foundation, the Foundation for Financial Resources Federal Credit Union, awarded three scholarships in the amount of $1,000 each, from their Annual Scholarship Contest. A presentation ceremony was held at the Credit Union on August 12 where Lena Matthews, Chairman of the Foundation and President & CEO of the Credit Union, presented the winners with their checks. The award amount is paid jointly to the recipients and to their colleges. The scholarship winners are:
 |
| Lena Matthews, 2nd from right, is shown with (from l to r) Syleen Neely of Franklin Park, NJ, Michael Bender of Bound Brook, NJ, and Christine Martino of Flemington, NJ at the 2011 Financial Resources FCU Foundation Scholarship Contest check presentation ceremony. |
- Syleen Neely of Franklin Park, NJ will be attending Rutgers University. Her personal goal is to work in the field of Biomedical Engineering.
- Michael Bender of Bound Brook, NJ will be attending The College of the Holy Cross in Worcester, Massachusetts. His personal goal is to be a research scientist.
- Christine Martino of Flemington, NJ will be attending Bucknell University in Lewisburg, Pennsylvania. Her personal goal is to pursue a Doctorate degree in Chemical Engineering.
Lena Matthews, Chairman of the Foundation and President & CEO of the Credit Union said, "These three students represent the best and the brightest, showing outstanding commitment to their studies and their communities. We are proud to help support them and eager to follow their achievements as they continue their education.”
The 2011 Foundation Scholarship Contest featured marked changes from previous year’s contests: For the first time, applicants were judged on SAT scores, if applicable; academic performance, community involvement, teacher recommendations, and personal goals, rather than an essay, which was used in years past as the basis for awarding scholarships. Additionally, application was open this year to non-member residents of Somerset, Middlesex and Hunterdon Counties.
|
July 5, 2011
Financial Resources Federal Credit Union helps finance solar energy project
In these times of rising energy costs and concern about the environment, Financial Resources Federal Credit Union is proud to announce the closing of a $2,600,000 loan to help finance a photovoltaic solar panel system on the roof of the Fram Trak manufacturing plant in Middlesex, New Jersey. “As a company that is committed to promoting green energy, we are honored to be part of this very important project,” explains Philippe Ferreira, AVP, Member Business Lending, Financial Resources Federal Credit Union.
 |
| From left: Philippe Ferreira, of Financial Resources FCU, contractor Sean Peris of KRN Solar, LLC, and Albert Santelli, Jr., of Fram Trak Industries on the solar rooftop. |
The solar panels will cover a roof top area of approximately 1 1/2 acres, and produce more than 600 kilowatts of electrical power, which is equivalent to a year’s worth of power for 60 homes or more. This use of solar energy will offset almost 100% of Fram Trak’s current power usage, which impressively translates to a reduction of over 800 tons of carbon emissions per year. “We are looking forward to being in the forefront of green technology implementation,” says Albert Santelli, Jr., CEO of Fram Trak Industries.
Albert Santelli, Sr. of Santelli Family Limited Partnership is very excited about the energy saving prospects of using solar energy. “If it weren’t for Financial Resources, we wouldn’t have been able to do it,” noted Santelli. He clarified that the process of securing the loan was quick and painless by adding, “I’ve been dealing with banks for decades, and the people at Financial Resources were a joy, unlike your typical banker.”
The contractor for the project is KRN Solar, LLC., a company with extensive experience in creating renewable solar energy solutions for both residential and commercial customers. They are particularly committed to helping companies achieve a greener future. This energy-saving project is the largest of its kind in Middlesex Borough. Financial Resources Federal Credit Union hopes this will inspire other companies to explore the use of renewable energy sources.
About FramTrak industries
Fram Trak Industries is a leader in Thermoplastic and Biopolymer processing. It is widely recognized in the industry for the outstanding performance of its custom plastic extrusions and injection molded products made for a wide variety of applications, including medical, aerospace, automotive, display and cosmetics. Fram Trak’s divisions include Wire Trak wire management systems -- nonmetallic surface mount electrical wire ducting and accessories, E-Stat Immobilizer Cervical Collars, Fram Trak -- equine electrical safety fencing systems. And Lima biopolymer lip sticks and cosmetics packaging. Division products are also proudly produced in the U.S.A.
About KRN Solar LLC
KRN Solar, LLC is a leading solar contractor that specializes in both commercial and residential solar applications. KRN prides itself on customer service and providing a Turn-Key solar solution for any project.
|
May 19, 2011
Financial Resources FCU Foundation Raises $25,000 for Parents of Autistic Children (POAC); $2,500 for Carrier Clinic
Bridgewater NJ – Financial Resources FCU Foundation raised $25,000 to benefit Parents of Autistic Children (POAC) and $2,500 to support Carrier Clinic at the Foundation’s annual charitable event held recently at The Palace at Somerset Park, Somerset, N.J.
Lena Matthews, President and CEO of Financial Resources FCU and Chairman of the Foundation; and Kim Frey, Manager of Retail Operations for the Credit Union, presented a check for $25,000 to Gary Weitzen, the Executive Director of POAC. It was Frey who recommended POAC as recipient of this year’s event proceeds. Kevin Buist, Senior Vice President Information Technology of Financial Resources, also donated $555, his share of the winning 50 – 50 raffle.
POAC’s mission is to improve the lives of children and adults with autism by providing scientifically based training to parents, teachers, and other direct service providers. POAC supports ongoing research on the causes, symptoms, prevention, and potential cure of autism.
Matthews also presented $2,500, the proceeds of the silent auction, to Richard Sarle, President and CEO of Carrier Clinic. Carrier Clinic is dedicated to providing the best care and treatment to persons struggling with emotional and behavioral distress, and addictive and psychiatric disorders.
Major supporters of Financial Resources FCU Foundation’s charitable event included Diebold, Inc., North Canton, Ohio; James Toyota Kia, Flemington, NJ and Shore Creative Group, Long Branch, NJ.
Other sponsors of the evening were Cahil, Wilinski & Rhodes; McKenna, Dupont, Higgins, Stone, PC; Peter Liska, LLC; First Brunswick Properties Group; K-9 Resorts; Kushner Real Estate; LeClair Ryan; Merck Employees Federal Credit Union; New Jersey Credit Union League; Quality Title & Abstract; and Capital Printing Corporation.
Financial Resources FCU Foundation organizes charitable events in support of charities and medical institutions that provide services to children. Over the past 19 years, the Credit Union and Foundation have raised almost $425,000. The Financial Resources FCU Foundation, Inc., is a tax-exempt charitable organization under sections 501(c)(3) of the Internal Revenue Code.
 |
Lena Matthews (l), President & CEO of Financial Resources Federal Credit Union and Chairman of the Credit Union’s Foundation, and Kim Frey (c), Manager of Retail Operations for the Credit Union, present a check for $25,000 to Gary Weitzen, Executive Director of Parents of Autistic Children (POAC) at the Foundation’s annual charitable event held on Monday, May 9, 2011. It was Frey who recommended POAC as recipient of this year’s event proceeds. Kevin Buist, Senior Vice President Information Technology of Financial Resources, won the 50/50 but he generously donated his share of the $1,110 raffle to POAC.
|
 |
Lena Matthews (r), President & CEO of Financial Resources Federal Credit Union and Chairman of the Credit Union’s Foundation, presents a check for $2,500 representing the silent auction proceeds to Richard Sarle, President and CEO of Carrier Clinic.
|
|
May 9, 2011
Being Casual Pays Dividends at Financial Resources Federal Credit Union
"Jeans Day Friday" program raised $4,000 for charitable contributions
Bridgewater NJ – Financial Resources Federal Credit Union employees raised $4,000 for charitable contributions by donating at least five dollars for wearing jeans the second and last Friday of each month. Financial Resources FCU matched 100 percent of all “Jeans Day Friday” donations.
The Credit Union's Foundation distributes the Jeans Day funds to local charitable organizations, some of which were recommended by Credit Union employees, and previously considered for the Financial Resources FCU Foundation annual charity event but not chosen as the primary recipient.
Each of the following recipients received $1,000 as a result of the “Jeans Day Friday” program: Robert Wood Johnson University Hospital, The Bristol-Myers Squibb Children’s Hospital (Child Life Program); Center for Educational Advancement; Prevent Child Abuse; and Hunterdon Helpline.
Specialists at the Children’s Hospital of Robert Wood Johnson help children and families manage stressful health care experiences by using educational and therapeutic interventions. The Center for Educational Advancement, a nonprofit organization, helps persons with significant disabilities or other social disadvantages by providing employment, and by giving job and social skill support and preparation. Prevent Child Abuse is a nonprofit whose mission is to prevent all forms of child abuse for all New Jersey children. Hunterdon Helpline, which handles thousands of calls yearly, provides information and referral services by directly contacting the appropriate public and private social services and government agencies.
Lena Matthews, President and CEO of the Credit Union and Chairman of the Financial Resources FCU 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 FCU established “Jeans Day Friday” in 2005, borrowing the approach to “Casual Fridays.” With more than 50 employees at the Bridgewater location of Financial Resources FCU, the opportunity for a relaxed day at work built significant funds over the course of a year to support the charities. Since 2005, the program has raised over $25,000.
|
May 9, 2011
Financial Resources FCU Foundation
Announces Annual Scholarship Program
Bridgewater, NJ – The charitable foundation of Financial Resources Federal Credit Union will be awarding three $1000 scholarships to high school seniors preparing for college or technical school. Applicants must either be credit union members or be residents of Somerset, Middlesex, and Hunterdon counties.
For the first time, applicants will be judged on SAT scores, if applicable; academic performance, community involvement, teacher recommendations, and personal goals, rather than an essay, which was used in years past as the basis for awarding scholarships.
Lena Matthews, Chairman of the Foundation and President & CEO Financial Resources Federal Credit Union says, “The new format allows us to assess the candidates across a broader range of criteria. We’re considering their experiences and scholastic achievements as a whole, rather than just on their ability to deliver a well written essay.”
Interested students can find the exact requirements and the scholarship application by clicking here. Entries must be postmarked or received by the deadline June 30, 2011. The scholarship funds must be used for tuition or textbooks and only at an accredited educational institution (2- or 4-year college, university, or technical school).
Mail completed scholarship application to: Financial Resources, Marketing Department, 520 U.S. Highway 22 East, Bridgewater, N.J., 08807-2410.
|
February 7, 2011
Financial Resources Federal Credit Union participates in internship program specifically geared to people with disabilities
Bridgewater, NJ – Financial Resources Federal Credit Union recently participated in the BEST (Building Economic Strength Together) internship program that links credit unions and people with disabilities. The aims of this program are to help dispel myths about hiring disabled persons and to give resume experience to people who often find it difficult to gain employment because of their disabilities.
Kevin Buist, Senior Vice President Information Technology, of Financial Resources said, “Our experience with the BEST program was great. It was a pleasant surprise to find that our intern had previous experience in IT. He was able to help us complete a few projects that have been on the back burner, and we were able to introduce him to some new technologies. His cooperative attitude and great work ethic made it easy to integrate him into our technical team. We’re really gonna miss him.”
National Disability Institute and Allies Inc, a New Jersey-based training group for people with disabilities, places interns with a disability into New Jersey credit unions to enhance staffing needs, provide member service or assist with any special project.
Internships last for six weeks, with interns working a maximum of three days or 22 hours per week. Because of this outstanding opportunity, interns are motivated to learn, eager to work, and committed to providing the maximum assistance.
BEST is a shared program from the National Federation of Community Development Credit Unions.
|
December 22, 2010
Financial Resources Federal Credit Union serves up more support for local food banks
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 food and essentials to four area food banks.
 |
| Photo shows a team of Credit Union employees getting ready to sort grocery items and essentials to be distributed to four area food banks |
The food bank effort started a couple years ago 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 in previous years. So for the 2nd year in a row, and 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 pledges is to be responsible to the communities where we live and work, which is why we have responded to this urgent need," said Lena Matthews, President and CEO of Financial Resources FCU.
This generous response by Financial Resources FCU underscores their continuing support of the food banks in Somerset and Hunterdon Counties (NJ). Please join Financial Resources FCU in supporting these critically important local organizations and making the New Year brighter for those in need.
|
December 21, 2010
Financial Resources Joins "Jersey Cares" in Its Holiday Coat Drive
 |
| Photo shows some of the Credit Union employees who donated coats for the Jersey Cares Coat Drive, including Credit Union President and CEO, Lena Matthews, (2nd from left) |
Bridgewater, NJ - Employees of Financial Resources Federal Credit Union, Bridgewater, has wrapped up helping Jersey Cares (http://www.jerseycares.org/) collect approximately 60 clean, reusable, "gently used" coats and jackets for men, women, children and even infants in need. Jersey Cares is a volunteer nonprofit organization that sponsors service projects to benefit the community.
From November 15, 2010, through December 10, 2010, the Credit Union set up designated boxes for any Credit Union employees wishing to donate a coat. At the end of the drive, Credit Union volunteers personally drove all the donated coats to the Jersey Cares' distribution center to be given to those in need.
Financial Resources Federal Credit Union Adopts a Local Family in Need
 |
| Photo shows some of the Credit Union employees who donated items for the local family in need |
Bridgewater, NJ - For the past 10 years, employees of Financial Resources FCU adopt a local family from The Food Bank Network of Somerset County (NJ), www.somersetfoodbank.org/. The Food Bank Network of Somerset County distributes food and provides other basic human needs to those less fortunate in the community in a manner which recognizes and advances self worth and human dignity.
Employees and their families provided two or more gifts, gift cards to local food stores, and a large supply of food and household items for a family of six with a special needs child.
Lena Matthews, President and CEO of Financial Resources FCU applauded the efforts of the Credit Union’s employees by saying, "Our employees work together to help the community during this special time of the year. Even though we are a relatively small group, each employee proves that every person can make a difference in the community, which at this time of the year during the holidays is more important than ever."
|
December 17, 2010
Financial Resources sponsors children for the holidays and supports CASA SHaW
Bridgewater, NJ – For the third consecutive holiday season, Financial Resources Federal Credit Union supported CASA SHaW (Court Appointed Special Advocates of Somerset, Hunterdon and Warren Counties) http://www.casashaw.org/ in their efforts to help 47 local children who rely on the charity of others to have a gift to open during the holiday season. Many of these children have been separated from their families.
CASA SHaW is an agency which provides community volunteers to act as advocates in court for children who have been abused or neglected and are in the foster care system.
Each child submitted a holiday wish list to Financial Resources employees and members of the credit union’s Board of Directors and Supervisory Committee, who then enjoyed shopping and wrapping the gifts for the children. Some sponsored as many as three children. CASA SHaW was also the beneficiary of Financial Resources Foundation’s main charity event in the spring of 2007.
Photo shows some of the Credit Union employees who sponsored
children, including Lena Matthews, President and CEO seated
right
|
December 14, 2010
United Way Toy Drive Update
This year, the Credit Union participated in the Somerset and Hunterdon County, United Way Toy Drive. Toy collection boxes were available at each of our Public Access Branches. The Toy Drive lasted until Thursday, December, 9. Collection boxes at our Bridgewater, Green Brook, Hillsborough and Somerset branches benefited the Somerset United Way program called "Gifts of the Season," and our Flemington branch benefited the Hunterdon United Way program called "Holiday Hands."
Gifts given through the program may be the only ones received by those less fortunate in our community. For parents, receiving the gifts for their children enable them to utilize their limited financial resources to pay for basic needs such as food, utilities, rent, etc. and not go into debt to pay for gifts for their children. The Toy Drive asked donor participants not wrap the gifts to give parents a sense of involvement adding to their holiday spirit as well.
Financial Resources FCU thanks our many generous employees and members for helping to make this program successful and bring joy to so many local families!
 |
|
Bridgewater Branch Toy Drive
(Left to Right) Credit Union employees, Phyllis Migliore, Amelia Kenny, Amardeep Sood, James O’Gorman, Mauricio Ramos |
|
 |
 |
Flemington Branch Toy Drive
(Left to Right) Credit Union employees, Anastasia Vlahakes, Elaine McMahon, Mary Pietryk |
Green Brook Branch Toy Drive
(Left to Right) Credit Union employees, Judy Williams-Deitrick, Mary Sciaraffo, Karen Brady, Michele Kavanagh |
 |
 |
Hillsborough Branch Toy Drive
(Left to Right) Credit Union employees, Colleen Kassick, Kevin Albrecht, Gina Simon, Susan Benitz |
Somerset Branch Toy Drive
(Left to Right) Credit Union employees, Tiffany Johnson, Tara Cost-Ertle, Gloria Dagosta, Amritha Murali |
|
December 3, 2010
Financial Resources FCU Foundation Donates Funds to Somerset Medical Center, Enhancing Care of Premature Babies
The charitable foundation of Financial Resources Federal Credit Union recently donated proceeds from their annual gala to Somerset Medical Center to purchase an infant intensive care warmer and incubator for the medical center’s Intermediate Care Nursery.
 |
Lena Matthews, President and CEO of Financial Resources Federal Credit Union, right, Anthony Mero, Senior Vice President of Operations/Chief Operating Officer of Financial Resources Federal Credit Union, third from right, and Daniel Gontcharenko, Marketing Director for Financial Resources Federal Credit Union, third from left, recently took a tour of the nursery to see the new warmer and incubator with Cindy Ferraro, director of maternal/child health services at Somerset Medical Center, left, Jennifer Casoni, a nurse in Somerset Medical Center’s Intermediate Care Nursery, second from left, and Maureen Schneider, senior vice president of clinical program development and chief nursing officer at Somerset Medical Center, second from right. |
|
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.
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. |
|
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 |
|
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.
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.
|
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.
|
