Franklin Mint Federal Credit Union Pledges Support to Mercy Health System
$100,000 donation over four years will help provide access to community health services
February 10, 2014– BROOMALL, PA –Franklin Mint Federal Credit Union (FMFCU) recently recommitted its four-year $100,000 pledge to Mercy Health System (MHS), headquartered in Conshohocken, and presented a check to support its mission to serve the most vulnerable in the community. The contribution is being allocated in increments of $25,000.
“We see the value in what Mercy Health System does for people in its communities and want to continue helping them provide quality, compassionate healthcare,” said FMFCU President/CEO, John D. Unangst. “This pledge also keeps the Credit Union ‘people helping people’ philosophy in motion.”
The donation will be evenly distributed among three of Mercy’s four acute-care hospitals in which FMFCU has a branch office: Mercy Fitzgerald Hospital in Darby, Mercy Philadelphia Hospital in West Philadelphia and Mercy Suburban Hospital located in East Norriton. The gift will benefit the hospitals’ vital cancer and community benefit programs such as health screenings, education and support groups. Just in the last two years, funding has helped to open a brand new, state-of-the-art Infusion Center, part of the Mercy Cancer Center at Mercy Fitzgerald, and a new leading edge Mercy Cancer Center at Mercy Suburban Hospital. The donation will be also used to offset the $44 million spent each year in Community Benefit costs, the unpaid cost of serving Medicaid patients and other public programs, along with the cost of providing community services.
“We deeply appreciate this generous donation which helps MHS to continue providing community access to quality health services and addressing the most pressing health needs affecting our communities,” says Susan Croushore, Interim President and CEO of Mercy Health System. “We thank FMFCU for their continued partnership and investment in organizations that are committed to improving the health of our communities.”
Franklin Mint Federal Credit Union has provided financial products and services to its members in the greater Philadelphia region and beyond since 1970. Now with over $840 million in assets, FMFCU ranks ninth in asset size in Pennsylvania and remains the largest credit union headquartered in Delaware County, Pennsylvania. FMFCU has 80,000 members, 2,000 partnering organizations, and 37 branches. For more information, visit fmfcu.org.
A diverse, integrated system providing comprehensive health care services, Mercy Health System is comprised of four acute care hospitals, a home healthcare organization, several wellness centers, physician practices, a federal PACE program, and co-owner of managed care plan, Gateway Health Plan. With 250 primary care and specialty physicians, Mercy Health System is a teaching community health system affiliated with Drexel University School of Medicine and the Philadelphia College of Osteopathic Medicine (PCOM). The largest Catholic healthcare system serving the Delaware Valley, Mercy Health System is sponsored by the Sisters of Mercy and Hope Ministries; and is a member of CHE Trinity Health, a multi-institutional, Catholic health system. The vision of Mercy Health System is to be a leading provider of compassionate care and community access to quality health services that improve the health of individuals and communities. To learn more about Mercy Health System, visit www.mercyhealth.org.
Photo Caption: Franklin Mint Federal Credit Union (FMFCU) Executives present a $100,000 donation to Mercy Health System (MHS) Executives. This donation represents the Credit Union’s four-year $100,000 pledge to Mercy Health System. Pictured left to right are: FMFCU Executive Vice President/CFO, Mike Magnavita; Susan Croushore, Interim President/CEO, Mercy Health System; FMFCU President/CEO, John D. Unangst and Catherine Byrne, MHS Vice President, Human Resources.