Greylock Federal Credit Union Spreads the Joy to Area Non-Profits
December 23, 2020
Greylock Federal Credit Union is an independent company, wholly owned by its members. Greylock is a federally-chartered credit union, organized under strict regulatory laws that are monitored and enforced by the National Credit Union Administration, an agency of the U.S. Government. All accounts are insured by the National Credit Union Share Insurance Fund (NCUSIF).
December 23, 2020 – PITTSFIELD, MA – Greylock Federal Credit Union gave six unsuspecting non-profits each a $10,000 boost last week. The Credit Union recognized the elevated level of need during the holiday season and the added hardship created by the pandemic. In response, Greylock donated an additional $60,000 in community support toward mental health, affordable housing, domestic violence, immigration and communities of color.
“We are so thankful to have these organizations that support our neighbors through these difficult times,” said Greylock Senior Vice President and Chief Administrative Officer JamieEllen Moncecchi. “The spirit of giving is strong in the Berkshires and I hope everyone will consider an additional gift to their favorite community resource during this season of light and joy.”
The organizations were notified of the surprise gifts through telephone calls late last week. Those receiving funds were Elizabeth Freemen Center, Louison House, Construct, Brien Center, Berkshire Immigrant Center and Berkshire County Branch of the NAACP. These gifts were beyond Greylock’s formal community support program and are on top of any other grants or project-funding Greylock has granted throughout the year.
"Construct was already grateful for the ways Greylock steps up to support our most vulnerable and working neighbors as well as all the ways we work together to do so,” said Construct’s Executive Director Jane Ralph. “Now, with so many more struggling to make ends meet and to remain safely at home, Greylock has come through in a huge way! This unexpected gift will truly save lives because now, more than ever, housing is healthcare."
About Greylock
Greylock membership is open to anyone who lives, works, attends school, worships or regularly conducts business in Berkshire County, the towns of Westfield, Southwick, Granville, Montgomery, and Russell, Massachusetts; Bennington County, Vermont; or Columbia County, New York. Greylock Federal is wholly owned by its more than 89,000 members and offers full-service branches in Pittsfield, Great Barrington, Lee, Adams, North Adams, Williamstown, Lanesborough, and Lenox. Greylock has a Low Income Designation (LID) from the NCUA and certification by the U.S. Treasury Department’s Community Development Financial Institutions (CDFI) Fund allowing the Credit Union to offer expanded services to low and moderate income families. More information is available at www.greylock.org.