ALEXANDRIE, Virginia – Democracy Federal Credit Union (DFCU) awarded a member a COVID-19 relief grant of $ 500 last week. Margarita Melendez is the lucky winner.
“Thanks again for this scholarship! I am very grateful to DFCU for all the help, ”said Melendez. “These funds will be very useful to my family during this difficult time. Even before COVID-19, you have been there for us over the years. Thank you for being my financial partner for life.
DFCU announced the COVID-19 relief grant in late spring, asking members to submit an entry explaining how they had been negatively affected financially by the virus.
The financial institution, in business for over 80 years, has received more than 130 grant applications. Employees carefully reviewed each submission before selecting Melendez as the winner.
“The entries were heartfelt and punchy,” said Vice President of Delivery Channels Mario Mejia. “It was an extremely difficult decision to select a person to receive the funds. Everyone has been affected by the virus. “
Guided by the idea of unity during this difficult time, DFCU – in addition to awarding this $ 500 grant – donated 1,200 masks to local hospitals, $ 1,500 to food banks and $ 1,000 to schools in the region.
DFCU is committed to financial freedom for all and has already put in place several financial programs to help its members fight the negative financial impact caused by COVID-19.
These programs include a CASH-N-GO early loan of up to $ 1,000 without a credit check and a Skip-A-Pay program to help ease a month’s auto and / or personal loan repayment.
To learn more about how DFCU is helping the community of Alexandria, click HERE.