Coast Capital Savings recently donated $2,000 to the Abbotsford Community Services’ Food Bank as part of $75,000 presented to food banks across the province.
Maureen Young, community leadership at Coast Capital, said the credit union is committed to giving back to the communities where they live and work.
“We work to build a richer future for youth in our communities and we know that at least one-third of those who access food banks in Canada are children and youth,” she said.
Laura Lansink, executive director of Food Banks BC, said support from corporate donors like Coast Capital is vital to the successful operation of food banks.
She said cash donations are able to go even further than food, thanks to the buying power that food banks have.
“Thanks to relationships with grocers and farmers, food banks across B.C. are able to maximize donations to make a significant impact on hunger in B.C.,” Lansink said.
“This means that Coast Capital’s donation of $75,000 translates into 225,000 healthy, nutritious meals.”
Coast Capital Savings is one of Canada’s most significant corporate community investors with seven per cent of its budgeted pre-tax profits invested into its communities annually.
This year alone, that totals almost $6 million and more than $71 million since 2000.