Skip to main content
Enter search terms below…

Member News

SEFCU Celebrates 30 Years of Holiday Sharing by Raising and Donating More Than $200,000 Worth of Gifts to More Than 3,500 Individuals in Need



(Albany, NY) For the past three decades, SEFCU, its employees, and its members have rallied together to support individuals and families in need during the holiday season through SEFCU’s annual Holiday Sharing Program.

Holiday Sharing is SEFCU’s single most collective effort to support the communities across its footprint. It is funded annually by SEFCU and donations from employees and members that are used to provide people and families with presents and essentials, including warm clothing, cookware, cleaning supplies, and toiletries.

Today SEFCU donated more than $200,000 worth of gifts to people in communities across the Capital Region, Buffalo, Binghamton, and Syracuse.

“This has been an outstanding program since we started it 30 years ago with a couple of families, and it has grown since then. We have children and families that can have a brighter season than they otherwise would have, and the impact on our staff and those that have the opportunity to give is equally as important, especially this year, especially now,” said SEFCU President and CEO Michael Castellana. “With all the stress that everyone is feeling - with all that is going on in the world – it could not have come at a better time. I am grateful to all our employees and members who joined the effort to give people hope, happiness, and a helping hand. Holiday Sharing truly signifies the spirit of the season.”

This year, more than 3,500 individuals will be supported through the Holiday Sharing Program. Teams of SEFCU employees wrap all the gifts and prepare them for pickup or delivery to 75 nonprofit organizations who distribute them.

One of those nonprofits is Wildwood Programs, an organization based in the Capital Region that provides supports and services to people of all ages with developmental disabilities, complex learning disabilities, and autism spectrum disorders.

“Picture yourself maybe a 40- or 50-year-old adult with a disability and think how lonely and sad the holidays can be if there’s nothing there for you. Then you get a bright, wrapped gift of something you asked for – think of the joy that brings. It’s not just the item, it’s knowing the community cares for you,” said Wildwood Programs Director of Communications Tom Schreck. “The love that pours out from what SEFCU does is unbelievable. For an organization like ours, it means so much.”

This is SEFCU’s biggest year since Holiday Sharing started in 1991. Since then, this program has raised and donated nearly $2 million worth of gifts to spread joy and hope during the holidays.

With Cyber Monday and the holiday shopping season around the corner, it’s even more important to look for red flags and stay cyber safe when shopping online. The planned spend on gifts and other holiday items is expected to be $832 per person this year, according to National Retail Federation. Berkshire Bank Chief Information Officer Ryan Melle…
CEO Nitin Mhatre stated, “We’re proud to celebrate the anniversary of our NYSE listing and our long history of purpose-driven, values guided community banking. We believe that where you bank matters, and we’re building a better approach to banking while delivering steadily improving results to our communities and our shareholders. In 2022, our…
Albany, N.Y. – November 9, 2022 – Pioneer Bancorp, Inc. (“Pioneer”) (NASDAQ: PBFS), the parent company of Pioneer Bank (the “Bank”) today reported the results for the quarter ended September 30, 2022, which is the first quarter of Pioneer’s fiscal year ended June 30, 2023.  Net income for the three months ended September 30, 2022 was $5.2 million…
Dec
04
Join us as the streets of historic downtown Troy come alive with Victorian “Gilded Age” magic!  Enjoy the region’s premiere free holiday event and has…
The Region's Premiere Free Holiday Event
Dec
05
We hope you can join us on December 5th to celebrate and cut the ribbon for Red Dog Realty in their new office on Hoosick Street in Troy!  Red Dog Realty…
Ribbon Cutting & Grand Opening
Dec
15
As a benefit of your Chamber membership, you are invited to attend the Annual Holiday Networking Luncheon.  This provides a great opportunity to close out…
Lunch and Networking