United by common beliefs, values, and vision, the combined organization will provide greater benefits to members, staff, and communities than either can independently. The combined credit union will have nearly 500 employees and $3 billion in assets working for the financial needs and goals of over 160,000 members.

Today, VSECU and the Vermont Foodbank celebrated 20 years of the Point to Point, powered by VSECU, a cycling and running event to raise funds and awareness to fight hunger in Vermont. Through this iconic summer event, thousands of caring participants have raised over $2,000,000 and helped to provide more than 3.3 million meals to Vermonters in need.

VSECU and FHLBank Boston partnered to distribute an additional $50,000 in Jobs for New England Recovery Grant funds to eight Vermont nonprofits. The $5,000 and $10,000 grants will help preserve and create job opportunities, support local economic development, and further important community services.

VSECU, a member-owned cooperative and not-for-profit credit union for all Vermonters, is providing a total of $50,000 to five Vermont nonprofits through its member-directed giving program We Care 2. The funds will help these organizations continue to help Vermonters meet their essential needs, with a particular focus this year on food, shelter, heat, and COVID-19 relief efforts. Since the inception of the We Care 2 giving program in 2013, VSECU members have used their votes to direct $261,000 to nonprofit organizations working to improve the quality of life for all Vermonters.

Capstone Community Action’s Fuel Your Neighbors campaign, in partnership with VSECU, exceeded its fundraising goal by raising $300,000 to support emergency food and heating assistance to vulnerable Vermonters, surpassing the goal of $200,000.

Seven Vermont nonprofits receive Jobs for New England Recovery Grant Program funding

Photo: Paul Costello leads a Vermont Council on Rural Development (VCRD) community visit. VCRD is one of the recipients of a Jobs for New England Recovery Grant.

Nonprofits invited to apply for $50,000 in funds now through November 25.

Photo: LUND received $13,306 in VSECU’s We Care 2 funds in 2020.

Author: Joyce Marcel
Section: News

Photo: Robert Miller is the CEO of the Vermont State Employees Credit Union (VSECU). Photo: Randolph T. Holhut.

For Vermont, Robert Miller wears his heart on his sleeve for all the world to see.

Miller has twice left the lucrative world of high finance to return to Vermont for jobs that pay less but offer a lot more socially responsible fun. This last time, he says, is really the last. This time he’s here for good…

To read the full article, click here: https://vermontbiz.com/profiles-in-business/vbm-april-2020-issue

Businesses from all sectors of the economy wrote to lawmakers and government officials, expressing support for “a 100% renewable energy standard that supports significant expansion of renewable projects built in Vermont by Vermonters.”

Responding to policy maker’s push to more deeply integrate renewable energy into homes, businesses, and transportation, Catamount Solar and TimberHomes Vermont are teaming up to offer the Vermont Solar Carport. A marriage between beauty and function, the Vermont Solar Carport is a timber frame structure with a standing seam metal roof, made with pine and white oak timber from New England forests and built right here in the Green Mountains. 

Lumin Digital, a PSCU company, has announced that VSECU has signed a multi-year agreement for Lumin Digital’s cloud-based platform as the credit union’s digital banking solution for retail and business banking, as well as bill pay solutions. VSECU anticipates having more than 25,000 active users when it launches on the platform in July 2020.