Pictured L-R: Oleksa (Alex) Nowosiadlo (UFCU Controller), Roman Omecinskyj (UFCU CFO), Oleg Lebedko (UFCU CEO), Rob Dermody (RPO Vice President of Development), James Englert (RPO Board of Directors), Matthew Zager (RPO Director of Corporate Relations), Wasyl Kornylo (UFCU President & Board Chairman), Tanya Dashkevich (UFCU COO), & Roman Kshysyak (UFCU Regional Branch Manager for Rochester & Webster).
Rochester, New York | July 16, 2021
Small businesses, community organizations, churches, and cornerstone establishments like the Rochester Philharmonic Orchestra (“RPO”) have been impacted by the ongoing COVID-19 / Coronavirus pandemic in many ways. All throughout 2020 and early 2021 in-person events were cancelled, and many organizations like the RPO who rely on attendance at their concerts as well as donations, found innovative ways to stay connected with their followers. In the Fall of 2020 they reset their concert season with livestreamed shows, and in the Spring of 2021 they announced an outdoor summer performance series. 35 concerts are planned to take place between June 3, 2021 and through Labor Day weekend. One of which is the “Summer at the Square at I-Square” on Saturday, August 7, 2021 beginning at 7:30pm. UFCU is proud to sponsor the event at I-Square, which is FREE for the community. Click here to find the next concert.
As a credit union, it’s within our philosophy to help our communities however possible, and more so now than ever. Thanks to the Federal Home Loan Bank of New York (“FHLBNY”), whose primary mission is to advance community development and housing opportunities. UFCU is again allocating grant funding to our member-organizations, such as the RPO, throughout New York. On Friday, July 16, 2021, UFCU presented a $10,000 grant to the RPO. We believe that these funds will provide some much-needed financial relief during this challenging time.
About the COVID-19 Small Business Recovery Grant
In 2020 UFCU applied for and received $200,000 in grant funding from the FHLBNY as part of a COVID-19 financial relief program. UFCU then allocated those funds to 47 different grantees across 9 counties in New York including various cultural centers, churches, museums, art foundations, youth associations, and other volunteer organizations. The 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.
In 2021 UFCU reapplied for and received an additional $50,000 in grant funding from the FHLBNY as a continuation of the COVID-19 financial relief program. Eligibility in 2021 is limited to organizations in New York that did not yet receive grant funding.
FHLBNY is a triple-A-rated, congressionally chartered, wholesale bank within the national Federal Home Loan Bank System.