Cobalt Credit Union has a long-standing commitment to being a community partner that fosters a higher quality of life for everyone in its service area. At the beginning of this year, a volunteer committee of Cobalt Credit Union employees gathered with the goal of finding a way to support the development of financial literacy initiatives and programs for the military that encourage self-sufficiency and the ongoing care of the community for future generations. Not unlike the credit union philosophy of “people helping people,” these concerted efforts would help bring a focus to the need for quality financial literacy and military support not only in our local community, but on a global scale as well.
Through dedicated efforts and a vision on the future, SAC Foundation, a 501(c)(3) tax-exempt organization, was formed with the mission to be a steward of economic and social sustainability in the communities we serve. This charitable arm of Cobalt Credit Union further advances the credit union's mission of providing tailored solutions to support members throughout their life events. We also are reminded of our military roots and the years of serving and supporting our military, military families and retirees.
SAC Foundation's activities primarily consist of supporting and providing financial literacy educational opportunities as well as advocating outreach and development of economic and social programs in support of the military. We believe in making our communities stronger and empowering all people to live financially secure lifestyles.