Suffolk Credit Union Partners with FHLBNY to Secure $10,000 Grant for Suffolk AME Cares Foundation

Suffolk Credit Union Partners with FHLBNY to Secure $10,000 Grant for Suffolk AME Cares Foundation

Photo Caption Suffolk Credit Union proudly presented a Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grant to the Suffolk AME Cares Foundation. The $10,000 grant presentation took place at the foundation’s headquarters in Bohemia on August 26. Pictured (L:R): Suffolk AME Cares Treasurer Ben Chiaramonte; Suffolk AME Cares Vice Chairman Jeffrey Greco; Suffolk AME Cares Recording Secretary Richard Tschernia; Suffolk AME Cares Chairman Daniel C. Levler; Suffolk Credit Union VP Corporate & Community Partnerships Laura Racioppi; Federal Home Loan Bank of NY Director, Member Relations Thomas Settino; Suffolk Credit Union President & CEO Michele Dean; and Federal Home Loan Bank of NY VP Calling Officer Angel Santos, Jr.

Bohemia, NY, August 27, 2024: Suffolk Credit Union proudly presented a Federal Home Loan Bank of New York (FHLBNY) Small Business Recovery Grant to the Suffolk AME Cares Foundation. The presentation took place at the foundation’s headquarters in Bohemia on August 26.

Suffolk AME President Daniel C. Levler said, “On behalf of the entire executive board of the Suffolk AME Cares Foundation (AME Cares), I am deeply grateful to accept this extremely generous grant of $10,000 from Laura Racioppi, Vice President of Corporate and Community Partnerships at the Suffolk Credit Union, along with her entire leadership team. This significant contribution will help AME Cares fulfill its core mission to give back to many local communities throughout Suffolk County.”

He added, “Like the Suffolk Credit Union, AME Cares is deeply invested in improving the lives of our friends and neighbors throughout every community in Suffolk County. AME Cares is also dedicated to empowering Suffolk AME members, who provide essential services throughout our County every day, by helping them volunteer and give back to their local communities and support causes they care deeply about. With the assistance of our friends from the Suffolk Credit Union, AME Cares will continue to make a meaningful impact in the lives of both our members and the communities in which they serve. We look forward to continuing our collaboration with the Suffolk Credit Union in the years ahead and lifting up those who need our support the most.”

Michele Dean, CEO and President of Suffolk Credit Union, commented, “We are deeply gratified to help AME Cares continue and expand the outstanding support it provides on so many levels. The organization’s initiatives make Suffolk County a better place for the entire community.” She added, “We are also honored to work with Suffolk AME members, who provide the essential services that ensure our health, safety, and well-being.”

One of the notable initiatives that the Suffolk AME Cares Foundation supports is the Serenity Gardens, a first-of-its-kind park, specifically designed for individuals with special needs. Once it is fully developed, the park will support people who are visually and/or hearing impaired, on the autism spectrum, or suffer from Alzheimer’s disease or dementia. Seniors, veterans, and the general public will also have access to the park’s resources.

Additionally, the AME Cares Foundation is proud to support Suffolk AME members, who have dedicated their entire careers to providing essential government services to 1.6 million people, who reside in Suffolk County. The AME Cares Foundation is committed to supporting AME members and their families with their higher educational goals by ensuring they have access to a full range of educational opportunities. Caring for our dedicated, essential workforce, when unforeseen hardships occur, such as house fires or other unexpected tragedies, is another core priority for AME Cares. In these challenging times, the Suffolk AME Cares Foundation is dedicated to assisting Suffolk County’s essential workers by providing them with the necessary support and resources to help them navigate tragic and life-altering situations.

Under the SBRG Program, FHLBNY members, including Suffolk Credit Union, are able to provide grants to qualifying small businesses and non-profit organizations that have faced economic challenges due to the rate environment, inflation, supply-chain constraints and/or rising energy costs. Final decisions on the grant allocations are determined solely by the FHLBNY.  

About The Suffolk AME Cares Foundation  
The Suffolk AME Cares Foundation is a registered non-profit organization, committed to empowering Suffolk AME members to give back to the communities where they live and serve. The dedicated members of Suffolk AME prioritize the well-being of their communities and understand the importance of playing an active role in supporting worthy causes through volunteering. By empowering Suffolk AME members to support the causes they care deeply about, the Suffolk AME Cares Foundation fosters a sense of community and builds upon the existing culture of altruism amongst Suffolk County’s municipal workforce. With the continued financial support of its generous benefactors, the foundation will continue to evolve and support many worthy causes, all led by the men and women, who are the backbone of Suffolk County and care deeply about their local communities. To learn more, visit www.samecf.com.

About Suffolk Credit Union
Suffolk Credit Union is a local not-for-profit cooperative financial institution owned and operated by its members. It was chartered in 1967 by the National Credit Union Administration (NCUA). The volunteer-directed credit union has assets in excess of $1.8 billion, 10 branches and over 70,000 members, including partnerships with Suffolk County employees and unions. Membership is open to anyone who lives, works, worships, attends school or regularly conducts business in Nassau and Suffolk counties as well as immediate family members of current membership. To learn more, visit www.suffolkcu.org or call 631-924-8000.

Media Contacts:

Mike Skelly for Suffolk AME Cares Foundation
[email protected]
917-364-8142

Anita Bell for Suffolk Credit Union
[email protected]
845-327-0178