Neighbors FCU Raises Funds for Local Food Bank with "Every Swipe Counts" Campaign

BATON ROUGE, LA (April 13, 2020) — In the wake of the current COVID-19 pandemic, Neighbors FCU has launched the “Every Swipe Counts campaign to raise funds for the Greater Baton Rouge Food Bank. NFCU has committed five cents for every qualified debit card purchase from its Free Cash Back Checking accounts from April 1 through June 30 to the Food Bank.

“We’re thrilled to expand our relationship with the Greater Baton Rouge Food Bank,” Neighbors President and CEO Steve Webb said. “We’ve conducted many food drives in the past and enjoyed volunteering with the food bank annually for Neighbors Day. We are excited about this new opportunity to provide financial support as the Food Bank’s needs are more dire than ever before.”

Those interested in aiding this campaign may make a donation or open a Free Cash Back Checking account at https://www.neighborsfcu.org/everyswipecounts/.

Approximately, 1 in 7 adults and 1 in 5 children in the food bank’s 11-parish service area are food insecure. The Greater Baton Rouge Food Bank is reporting that the number has increased exponentially during this pandemic.

Due to the economic impact of the COVID-19 pandemic, the Food Bank has begun mobile distributions of emergency food boxes.

Distributions are focused on populations of individuals from various service industries: casinos, hotels, restaurants, etc. Additionally, the organization is supporting its member agencies (food pantries) who have suspended operations because the volunteers running them are elderly and at high-risk at this time.

The food bank’s service area represents about 19 percent of the state’s population. If 19% of the 266,000 unemployed in Louisiana were to request food assistance, it is estimated that 50,540 would request assistance from the Greater Baton Rouge Food Bank.

Currently, the cost to fill and distribute one Emergency Food Box is $30. A typical box has 40 pounds of shelf-stable items (canned food). The Greater Baton Rouge Food Bank is also distributing approximately 22 pounds of fresh produce and 10-15 pounds of proteins, while those supplies last. In all, it’s a 75-pound box of food and can produce about 62 meals.

The Neighbors Free Cash Back Checking Account has generated five cents to charity and five cents to the member for every qualified purchase since it launched in October 2018. However, this is the first time the charity funds have been specifically designated for a particular organization.

Previously, these funds have gone toward the Neighbors Capital Area Foundation’s scholarship program. In 2019, the checking accounts generated just over $61,000 to the foundation.

Neighbors Federal Credit Union is a not-for-profit financial cooperative operating as an association dedicated to "people helping people.” A handful of educators started Baton Rouge Teachers in 1954 with a shoebox, a couple hundred dollars and the goal of making financial services available to school system employees in our area.