For Immediate Release
January 8, 2018
OTIS Federal Credit Union Raises Nearly $7,000 for Ending Hunger in 2017
JAY, Maine – Over the course of the 2017 calendar year, OTIS Federal Credit Union raised nearly $7,000 for the cause of Ending Hunger. Specific fundraisers undertaken by the Credit Union include two 50/50 raffles, a Longaberger Calendar Raffle, Mothers’ and Fathers’ Day raffles, a planter raffle, two book sales, and a yard sale. OTIS participated in four statewide raffles to benefit Ending Hunger as well. Additional funds were raised via the Credit Union’s sale of handmade bowl warmers, handmade potholders, grocery totes, and movie passes, and a $5.00 donation was made from every $25.00 Skip-A-Payment fee assessed on loans.
All funds raised stay within the community and are disbursed to several local food pantries.
Please direct all media inquiries to Sarah Hayes at (207) 320-4985 or email SarahH@otisfcu.coop
About OTIS Federal Credit Union
OTIS Federal Credit Union was founded in April of 1954 by eleven local millworkers. Pooling their respective deposits of $5 each, they associated themselves as charter members of OTIS under the provision of the Federal Credit Union Act. At a time in America when obtaining a loan was difficult for the average family, the founders of OTIS sought to form a cooperative, independent financial institution operated and controlled solely by its local membership.
Since its inception, OTIS has been committed not only to providing quality financial products and services to its shareholders, but to giving back to the community. Today, OTIS is a full-service financial center offering real estate, auto, and personal lending; online and mobile banking; a variety of checking, savings, and investment accounts; VISA debit and credit cards; financial planning; and much more. OTIS serves more than 10,839 members and holds over $161 million in assets, employing 27 people from Jay and the surrounding area. The Credit Union is located at 170 Main Street in Jay, Maine. For more information, please visit www.otisfcu.coop or call (207) 897-0900.