Skip to main content

Credit Unions Donate to Aid Lake County Fire Survivors

Generous Donation to Aid Rebuilding of Homes and Provide Local Childcare Services

From left:  Diana Dykstra (California Credit Union League), Brett Martinez (Redwood Credit Union), Richard Cooper (Mendo Lakes Credit Union) and Robin McCarthy (Fire Family Foundation). 
MIDDLETOWN, CA — Fire survivors who lost homes in the devastating Lake County fires and residents struggling with local childcare will benefit from a generous donation of $80,000 from Fire Family Foundation. A contribution of $60,000 was made in mid-February at the Middletown Fire Station to Hope City/Hope Crisis Response Network (HCRN), a disaster relief agency rebuilding several homes destroyed by the fires, and a donation of over $20,000 went to the Lake Family Resource Center (LFRC) for much-needed childcare in the community.

Fire Family Foundation (FFF) provides assistance to individuals and families affected by fire-related disasters throughout California and is the charitable hand of Firefighters First Credit Union. FFF worked with both Redwood Credit Union (RCU) and Mendo Lake Credit Union (MLCU) along with the California Credit Union League (CCUL) to identify the greatest needs of the fire survivors and provide the funding. Foundation Executive Director Robin McCarthy along with credit union and league representatives presented the check to Hope City Chief Executive Officer Kevin Cox and Team Lake County Chair Shelly Mascari in mid February.

Hope City has identified several homeowners who lost their residences in the Valley Fire to be beneficiaries of the $60,000 gift, according to Cox. He noted Hope City matches the gift with volunteer labor, so the initial amount becomes a $120,000 donation. The selection of families for receipt of HCRN’s assistance is needs-based, with aid going to individuals who had little or no insurance and may have other extenuating circumstances.

“Our organization thanks Fire Family Foundation and the credit unions who have been so amazing in helping Lake County, and we thank the community for rallying to get families back into homes,” said Cox.

Another key service needing support is the Lake Family Resource Center (LFRC), which provides before and after school childcare in Lake County. “We are grateful for the focus on childcare needs for those impacted by the fire,” said Jennifer Dodd, LFRC’s Executive Director. “The grant will be used to help families with childcare services so residents can get back to work knowing their children are cared for,” Dodd added. She shared many fire survivors have had challenges with transportation, changed school schedules, and the disappearance of off-site daycares in the area. “It is wonderful the grant was provided to Lake Family Resource Center because it will help reduce the stress impacting the families with childcare needs,” Dodd shared.
Noting the “heartwarming” actions coming from outside Lake County to assist with recovery efforts, MLCU Chief Executive Officer Richard Cooper said, “MLCU is thankful for the donations from credit unions across the state and beyond. We appreciate the assistance of RCU and the California Credit Union League for their efforts in getting the word out about the tremendous need.”

RCU’s President & CEO Brett Martinez, who also participated in the Friday evening check presentation, shared, “It’s exciting to see how so many organizations and people coming together to support Lake County is helping the community move forward.”

Team Lake County Chair Shelly Mascari expressed her appreciation for the combined efforts of credit unions. “Team Lake County is so grateful for this contribution to the infrastructure of our community. With this support, Lake County will have the opportunity to recover and thrive in the future.”

Fire Family Foundation Executive Director Robin McCarthy explained, “These fires shattered communities and families. Our foundation answers the need when tragedy strikes. Our commitment to firefighters and fire survivors like this, enables us to offer a helping hand in times of grief. We hope our $80,000 donation will provide a better future for this community.”

Diana Dykstra, President/CEO of the California Credit Union League, said. “I’m so proud of the credit union community for coming together to raise these funds to support families and individuals who endured losses in these devastating fires. Our partnership with Fire Family Foundation amplified the call to action nationally.”

Donations are still being accepted via the Lake County Wildfire Relief Fund through Mendo Lake Credit Union or North Coast Opportunities (NCO), a local nonprofit. For more information, visit mlcu.org or ncoinc.org.


ABOUT FIRE FAMILY FOUNDATION As the charitable hand of Firefighters First Credit Union, Fire Family Foundation responds when tragedy strikes, offering compassion and financial assistance to firefighters and fire survivors in need. In 2015, the Foundation provided more than $175,000 in immediate assistance to firefighters and their families, fire survivors, fire departments and charities. Support is widespread throughout the State of California; this year attention is given to Northern Californian communities and fire personnel who experienced a devastating fire season. The Foundation believes that those in need can experience comfort, healing, and support from their “Fire Family.” www.FireFamilyFoundation.org

Comments

Popular posts from this blog

The Case for Sharing a CEO Between Credit Unions

  Embracing Collaboration: The Case for Sharing a CEO Between Credit Unions In recent years, credit unions have faced numerous challenges, from regulatory pressures to evolving member expectations. As many seasoned leaders retire, smaller credit unions often find themselves at a turning point. In this landscape, one innovative solution is gaining traction: sharing a CEO between two credit unions. This approach not only addresses financial constraints but also fosters collaboration and enhances service delivery. The Rationale Behind Sharing a CEO 1. Financial Sustainability One of the most pressing concerns for small credit unions is maintaining financial health amid rising operational costs. A shared CEO model alleviates the financial burden of hiring and compensating a full-time executive. By splitting salary and benefits, both credit unions can allocate resources more effectively, allowing for investment in member services, technology, and community initiatives. ...

Reading Up On Recessions

  Reading Up On Recessions       Background Stemming from the Latin word “recessus” (meaning “a retreat”), recessions are  sustained periods  of declining activity in a country’s economy. During a recession, unemployment rises while economic output falls across a large swath of industries. Recessions are inevitable in modern economies, with one occurring about every six to seven years ( What causes recessions ?).   One common definition of a recession is when a country logs two consecutive quarters of shrinking gross domestic product, but in practice, ...

Sunday Reading - Landmine Rat Honored

  Landmine Rat Honored   Cambodia unveiled the world’s first statue honoring a landmine-detecting rat (w/photo) Friday. Magawa the rat lived to 8 years old and identified more than 100 landmines and other explosives from 2016 to 2021.  There are more than 100 African pouched rats deployed in landmine detection operations across the world. To identify mines, the rats are trained to sniff out explosive compounds like trinitrotoluene, or TNT. (The rats are not heavy enough to trigger detonation.) In Cambodia, up to 6 million landmines remain undiscovered, most planted during three decades of conflict, from the Vietnam War era through Cambodia's civil war . Since 1979, roughly 20,000 people have been killed in Cambodia, and roughly 40,000 wounded as a result of the mines. Magawa cleared more than ...

Sunday Reading - The gold standard, explained

  Gold Standard       The gold standard, explained A gold standard is a system where a country’s currency is pegged to, and can be converted into, a fixed amount of gold. It’s typically meant to create a sense of security in the country’s currency: When a government uses a gold standard , its currency can be exchanged for an equivalent amount of gold—although regulations around redemption vary by country.   After the Civil War, in 1873, America adopted the gold standard for the first time. At the time, if gold was priced at $100 an ounce, each dollar  rep...

Open Banking Pushes Leading Credit Unions Ahead In Race For Member Loyalty

  https://youtu.be/pUIV8hwSDCE NEW YORK—Credit unions that embrace open banking aren’t just keeping pace with competitors—they’re pulling ahead, new data show. A new report finds that innovation in digital tools and personalized experiences is emerging as the decisive factor separating credit unions that win lasting member loyalty from those at risk of losing ground. “ The 2025 Credit Union Innovation Readiness Index: Closing Gaps, Winning Members ,” a June report produced in collaboration between  Velera  and PYMNTS Intelligence, underscores innovation as a defining factor for credit union success. iStock-Korakrich Suntornnites “Facing shifting expectations from both consumers and small to medium-sized businesses (SMBs) toward digital convenience and tailored experiences, credit unions must modernize not just to compete with traditional banks, but to remain relevant to their members. The report, based surveys of 500 credit union executives, 15,000 U.S. consumers, and nea...

Long-Stalled Credit Card Competition Act Moves Forward In Senate Clarity Act Markup

WASHINGTON—A long-stalled bipartisan push to boost competition in the credit card market moved closer to becoming law late Friday, as Sens. Roger Marshall (R-KS) and Dick Durbin (D-IL) advanced a new amendment attached to the Senate Agriculture Committee’s markup of the Digital Asset Market Structure and Investor Protection Act, commonly known as the Clarity Act. Dick Durbin The amendment, a core component of the long-debated Credit Card Competition Act, would prohibit major credit-card networks and large issuing banks from enforcing network exclusivity on credit cards. Supporters argue the measure would expand transaction-routing competition, weaken the dominance of the largest payment networks, and reduce swipe fees that merchants say inflate consumer prices. The renewed momentum reflects President Trump’s recent backing of efforts to rein in credit card costs, a shift that has altered the political trajectory of legislation that has struggled to advance in prior Congresses. With Tru...

USPS Defends Banking Pilot, While Opponents Call It Illegal

  By David Baumann - July 11, 2022 Program has faced opposition from the outset, including from credit union groups, and has struggled to gain real traction. The U.S. Postal Service (USPS) argued this week that the controversial pilot program it is operating i...

Meet Spokane Firefighter Credit Union (SFCU) New President/CEO - Troy Clute

Meet SFCU's New President/CEO - Troy Clute  Troy Clute serves as the President and Chief Executive Officer of Spokane Firefighters Credit Union, bringing 29 years of experience in banking and finance. His career includes extensive leadership roles across the industry, with a strong foundation in consumer lending and member-focused financial services. Troy is a graduate of the renowned CUES CEO Institute Program, having earned the Certified Chief Executive (CCE) designation—one of the highest leadership credentials in the credit union movement. His leadership is defined by strategic vision, operational excellence, and a deep commitment to serving Spokane’s firefighter community and their families. Beyond his professional role, Troy values family above all. He and his wife, Karri, have been married for 36 years and share two grown children, Kellen and Kennadie, as well as three grandchildren—Tyus, Izze, and Major—who keep life joyful and full of adventure. When he’s not leading the c...

The impact of recent bank failures could impact credit unions.

The failures of Silicon Valley Bank (SVB) and Signature Bank, combined with the FDIC’s decision to cover all depositors could have an impact on credit unions. With over 93% of their deposits uninsured, SVB appears to be the poster child for poor strategic planning. The bank got caught short when the Fed raised rates. For credit unions, the real story is the decision to cover ALL accounts regardless of the amount in the account. Where is the threat to credit unions? Credit unions had no role in the failures of SVB and Signature Bank. The threat lies in the Treasury and FDIC’s decision to guarantee the funds in every account…no matter how much was in that account. While the Treasury Secretary and FDIC Chairman Gruenberg may have felt the need to do so to restore confidence, this action just kicks the can down the road. And the road will have no end if NCUA feels the pressure to do the same thing if a similar situation hits the credit union movement. Should there be a conservatorship or...