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Firstmark CU Helps 163 Families through VITA for $400K in Refunds
Friday, June 26, 2015 6:50 AM

As a reminder to credit unions, the Volunteer Income Tax Assistance (VITA) program can make an enormous impact on the communities you serve. In anticipation of the 2015 tax season, which is just around the bend, Cornerstone offers this story about the scope of that impact.

During tax season, Firstmark Credit Union hosted the Volunteer Income Tax Assistance (VITA) program over five days at their Culebra and Southwest Military branch locations. Volunteers helped 163 families prepare and file their 2014 income taxes for an estimated $400,000 in refunds.

Firstmark Credit Union President and CEO Leon Ewing said, “We saw a high turnout each day which validates the need for this kind of assistance.”

Through VITA, families who earned less than $60,000 during 2014 had free access to trained volunteers who helped make sure they claimed important tax credits such as the Earned Income Tax Credit and the Child Tax Credit—benefits which can add up to significant savings.

City of San Antonio VITA Program Manager Sheila Anderson-Ruth said of the partnership with Firstmark, “It is support from our community partners that help ensure we are able to reach and serve the people who need this help.”

It's not too soon to get your people trained and qualified to prepare VITA tax returns for your members. Learn more about VITA.

About Firstmark Credit Union
Firstmark Credit Union provides financial services to anyone who lives, works, worships, or attends school in Bexar County, as well as education-related employees in Bexar County and the 12 surrounding counties, and their relatives. Established in 1932, the credit union serves over 96,000 members and manages more than $900 million in assets. For more information, go to firstmarkcu.org.