Home » EKC launches endowment to help Salvation Army

Posted: January 19, 2015

EKC launches endowment to help Salvation Army

The Cranbrook Salvation Army’s Soup Kitchen program will be the recipient of a significant and sustainable contribution thanks to a generous gift spanning three years announced by the East Kootenay Community Credit Union (EKC).

EKC has announced it will endow $3,000 per year for three years to the Salvation Army`s fund held with the Cranbrook and District Community Foundation (CDCF).  The first contribution was made in October 2014 and the final contribution will be made in October 2016.

“East Kootenay Community Credit Union is committed to community and we are so pleased to contribute this $9,000 gift over three years,” says George Freitag, Chair of ECK’s Board of Directors.  “EKC plays a vital role in our community through not only our financial contributions but also by bringing awareness to important community programs like the Salvation Army’s Soup Kitchen. This is certainly a cause we are proud to support through the sustainable endowment funding model made possible by the Cranbrook and District Community Foundation.”

According to Riley Wilcox, Executive Director with the CDCF, the East Kootenay Community Credit Union’s fund benefiting the Salvation Army was one of the first funds ever to be endowed with the Cranbrook and District Community Foundation. “East Kootenay Credit Union showed community leadership when they endowed $10,000 in 2004 when the Cranbrook and District Community Foundation was just getting started. For EKC to add to this endowment 10 years later shows their commitment to the sustainable difference that can be made to charities in partnership with local community foundations.”

Salvation Army’s Captain Kirk Green added: “We are extremely pleased with the support that we have received from the East Kootenay Community Credit Union.  For EKC to increase the fund which benefits the Salvation Army by a further $9,000 will help us to ensure the needs of Cranbrook residents are addressed through the caring and compassionate services we provide locally.  We can’t thank them enough.”

East Kootenay Credit Union challenges the community to get involved and they call upon all local financial service providers to meet or exceed their model of investing in sustainable funding for local charities.  For more information on how to create an endowment with the Cranbrook and District Community Foundation visit www.cranbrookcf.ca or contact Riley Wilcox at [email protected]

EKC was established in 1950 and has grown to over $274.1 million in assets and serves over 11,200 members throughout the East Kootenay. EKC is a community based financial co-operative that offers a full range of banking, financial planning (EKC MoneyWorks) and general insurance (KIS Ltd) services. Our community branches are located in Cranbrook, Elkford, Fernie and Sparwood. Please visit us at one of our branches, Facebook or at WWW.EKCCU.COM.

Above photo left to right: Wayne Eburne – Board Chair of Cranbrook & District Community Foundation, Riley Wilcox Executive – Director Cranbrook & District Community Foundation, Harminder Atti – Branch Manager EKC Cranbrook and George Freitag – Board Chair of EKC.

East Kootenay Credit Union


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