Giving back to the community is important to Arsenal
Last year, management and staff at the credit union continued to make a positive impact on the local community. Collectively, they volunteered 1,140 service hours.
If you put a number to those volunteer hours, it totals $27,520 based on a calculation provided by Independent Sector, a national organization. The impact, however, that Arsenal employees and their community involvement efforts had on others and the character of their communities is immeasurable.
“As a local business, our care for others extends beyond those who just have accounts with us. We believe there is a strong link between serving the community and our success,” said Linda Allen, president and CEO of Arsenal. “It has been gratifying to observe employees’ and members’ response to the needs of the community.”
Community involvement drives
Numerous community-minded drives were held throughout 2017 – from food, coats and socks, to personal care items, school supplies, children’s toys and pet foot/supplies. Staff also made and donated 2,085 sack lunches to the St. Patrick Center in downtown St. Louis for distribution to those who are homeless or at risk of becoming homeless.
Financial education as community involvement
Employees at Arsenal also conducted many free educational courses in local schools to help young people develop healthy and positive habits with money and avoid the common financial problems that many adults make. Arsenal perennially gives more classroom presentations and reaches more students than all but one or two credit unions in the entire state. Last year, Arsenal gave 64 presentations, reaching 2,099 local students. In addition, the credit union sponsored a cutting-edge financial education program at four area high schools.