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SBRG Success Stories

Puerto Rico Federal Credit Union donates $100K to nonprofits

Puerto Rico Federal Credit Union (PRFCU), in conjunction with the Federal Home Loan Bank of New York (FHLBNY), granted $100,000 in financial assistance to a number of local nonprofits that were affected by the COVID-19 pandemic.

The capital injection came from the Small Business Recovery Grant Program, the institutions said.

Among the entities that received the donations are: Fundación Pro Hospital del Niño; Fundación San Jorge Children’s Hospital; Fundación Puertorriqueña del Riñón; Fundación Centro Pediátrico de Diabetes; Santuario de Animales San Francisco de Asís; Comedores Sociales de Puerto Rico; and, Fundación Luis A. Ferré, among others. Read full story.

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Puerto Rico Federal Credit Union CEO Jomar Martínez-Gómez (left) speaks during a presentation.

The SBRG Program is intended to support the financial security and health of workers employed by organizations that have suffered a decrease in revenue as a result of the ongoing COVID-19 crisis.

SBRG Success Stories

Member: Finger Lakes Federal Credit Union
Project Name: Small Business Recovery Grant (SBRG) Program
Recipients: Local Small Business Community
Member: Merchants Commercial Bank
Project Name: Small Business Recovery Grant (SBRG) Program
Recipients: My Brother's Workshop Cafe and Bakery