SPRINGFIELD, NJ— The Atlantic Federal Credit Union distributed $50,000 to five local organizations through the Federal Home Loan Bank of New York’s (FHLBNY) Small Business Recovery Grant (SBRG) Program. The funds will help the five businesses and nonprofit organizations address hardships resulting from the COVID-19 pandemic.
The SBRG Program began in 2017 in response to hurricanes in Puerto Rico and the U.S. Virgin Islands. The Program relaunched in 2020 to aid small businesses and nonprofit organizations facing challenges due to the Coronavirus pandemic. By participating in the Program this year, the Atlantic Federal Credit Union was able to grant $10,000 each to On Time Transport in Roselle, online service provider EZ Comm LLC, Girls on the Run of NJ East in Millburn, Boltimo International in Irvington, and New Jersey Workshop for the Arts in Westfield.
“The SBRG is a timely and generous lifeline that will provide relief as other pandemic-response funding resources are exhausted,” shared Girls on the Run of NJ East Executive Director Sydney Davis. “These funds will allow us to address expenses resulting from the pandemic and ultimately bolster our financial aid program to make sure we are helping as many girls as possible unleash their limitless potential. We extend our gratitude to the Atlantic Federal Credit Union and the Federal Home Loan Bank of New York.”
For additional information about each of the recipients:
- Boltimo International, a longstanding small business serving the party rental needs in the community: https://www.boltimorentals.com/
- EZ Comm LLC is an eCommerce, marketing and business solutions consulting agency supporting the marketing goals of client businesses
- Girls on the Run NJ East, a nonprofit organization dedicated to creating a world where every girl knows and activates her limitless potential and is free to boldly pursue her dreams: https://www.girlsontherunnj.org/
- New Jersey Workshop for the Arts, a nonprofit organization dedicated to enriching lives by providing opportunities to develop creative talents and encourage a greater appreciation of the arts through both instruction and performance: https://www.njworkshopforthearts.com/
- On Time Transport, a medical transportation organization dedicated to providing solutions and personal care to patients, families and facility partners in the community: https://www.ontimetransport.com/
“Thank you to the Federal Home Loan Bank of New York for their partnership and the opportunity to extend recovery grants to deserving organizations,” shared Atlantic Federal Credit Union Chief Executive Officer Anthony Mero. “This generous funding is helping to support the small businesses and nonprofits that are the backbone of our communities.”
The Atlantic Federal Credit Union has been providing banking solutions in Union and Essex counties for over 86 years and is dedicated to supporting financial success within the communities they serve.
Pictured Above: L to R - The Atlantic Federal Credit Union Branch Supervisor Karina Pinheiro, Girls on the Run of NJ East Executive Director Sydney Davis, and the Atlantic Federal Credit Union Member Services Representative Virginia Sammond.