Northeast Credit Union Declares Another Year of Success for Community Tax Support Program

Portsmouth, N.H. – The CA$H Coalition’s Volunteer Income Tax Assistance (VITA) program proved to be successful once again, thanks to tremendous volunteer efforts and local support. The VITA initiative offers free tax preparation services to members of the community, made possible by the dedication of the Rockingham Community Action Program and the United Way of the Greater Seacoast. Northeast Credit Union’s (NECU) Portsmouth branch hosted the program once again and continued their support with a $5,000 donation to assist with needed funding.

This year, NECU helped process 555 federal returns, which resulted in $714,520 in refunds returned to individuals and families in the Portsmouth area. The CA$H Coalition’s VITA program processed 227 additional returns across the seacoast.

“We continue to be impressed by the program’s volunteers, who selflessly devoted their free time to assist those in need of guidance,” praised Tim Collia, Northeast Credit Union’s President and CEO.

“The VITA program is another example of how our communities grow stronger when we work together. Thank you for your outstanding work.”

“United Way of the Greater Seacoast has had a long standing commitment to ensuring our community has access to low cost financial literacy support and tax preparation,” said Lauren Wool, Senior Director of Community Impact for United Way. “Together with Southern NH Services, countless volunteers, and partners like Northeast Credit Union, we are able to serve more than 1,000 individuals each year through the Volunteer Income Tax Assistance (VITA) program. This often leads to individuals and families receiving Earned Income Tax Credits (EITC) which can help them to pay down debt or open a savings account, both steps on a pathway to increased financial stability”.

For more information on local tax preparation services, visit nhtaxhelp.org.

About Northeast Credit Union

Since 1936, Northeast Credit Union (NECU) has been helping people with their financial needs and giving back to the local communities. NECU has $1.5 billion in assets and serves more than 130,000 members at 19 branches throughout New Hampshire and Maine. NECU is member-owned, operating not-for-profit, but for service, which allows the revenue generated by its services to be given back in the form of lower interest rates on loans, reduced fees, attractive earnings on savings and investments, and around-the-clock access to the latest electronic services. As part of its ‘Love Your Community Project,’ NECU is committed to celebrating and supporting the organizations and individuals who make its communities a better place to live and work.  For more information, please visit www.necu.org.