After meeting for several monthsto discuss strategy, 16 credit unions in and around Saginaw, Mich.,announced on July 2 that they are launching a newcommunity-building initiative, Impact Saginaw.

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Gerald Hutto, chairman of Impact Saginaw and president and CEOof the $381 million, 34,400-member Team One Credit Union, said the campaign's mission is toeducate the public about ways that credit unions can have an impactin enriching the lives of the Saginaw community, and to makeSaginaw a better place to live, work and play.

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“We tend to hear more about what's wrong with Saginaw instead ofwhat's right,” Hutto added. “Because all of the credit unionsinvolved have a strong commitment to this community, we felt it wasthe right time and place to bring us all together to make adifference.”

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Impact Saginaw kicks off July 27 with “Triathlon for Kids,” anevent being coordinated through the Saginaw YMCA and the racemanagement company, Tri to Finish. As a sponsor of the event,Impact Saginaw will enable children ages 12 and under toparticipate at no cost in the swim, bike and run activities. Theevent is being touted as “CU at the Y for a Youth Tri,” Hutto said,and organizers hope to draw up to 300 kids that may not have beenable to participate if there were fees involved.

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The second community event, “CU at the Zoo,” is set for Aug. 17at the Saginaw Children's Zoo. The event coincides with theZoo's back-to-school event, and offers free admission and free ridetickets to the first 500 kids.

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Organizers said they expect the initiative to grow in comingyears.

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“The credit union community is different than many competingindustries, we each operate our credit unions to provide ourmembers with the best in financial services, but we are alsointerested in making our communities a better place to live, work,and play,” Hutto said. “We all share that vision and can worktogether to better Saginaw.”

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The credit unions involved in Impact Saginaw are:

  • Wildfire Credit Union
  • Team One Credit Union
  • Catholic Federal Credit Union
  • Wanigas Credit Union
  • Security Credit Union
  • Frankenmuth Credit Union
  • United Financial Credit Union
  • Saginaw Medical Federal Credit Union
  • Family First Credit Union
  • Generations Family Federal Credit Union
  • Valley State Employees Credit Union
  • Copoco Community Credit Union
  • Saginaw County Employees Credit Union
  • First Area Credit Union
  • Amalgamated Credit Union
  • Lake Huron Credit Union

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