Hamilton, ON, February 10, 2026 –
Following a successful product campaign, Saven Financial is donating $15,500
to the
Daily Bread Food Bank.
Saven, a division of
FirstOntario Credit Union, which offers market-leading products and rates committed to donating $25
for every new Guaranteed Investment Certificate (GIC) that was purchased in
December by members to a local food bank.
To align with the most impact, the donation is being directed to the Daily
Bread Food Bank.
"One of our community strategic pillars is addressing food insecurity and we
were overwhelmed by the response from Saven members to this unique offering
and we thank them for their ongoing support," said Joanne Battaglia, senior
vice-president, Marketing, Communications and Community Partnerships,
FirstOntario Credit Union.
Ali Hodgins, senior development officer, Corporate and Community
Partnerships, Daily Bread Food Bank added, "With food insecurity rates on
the rise across the country, we are incredibly thankful for companies like
FirstOntario and Saven Financial who are leaders in ensuring everyone has
access to the nutritious and culturally diverse food that they need. A
donation of this amount will result in over 15,000 meals directly into the
hands of our neighbours and community members."
This latest financial contribution is in addition to the annual donations
Saven makes on behalf of its members. In 2025, Saven distributed $40,700 to
organizations working to address issues related to youth mental health and
wellness, fighting hunger and housing and homelessness.
Since 2022, Saven has donated close to $86,000 to Raising the Roof, more
than $42,000 to Feed Ontario and $34,000 to Children’s Mental Health
Ontario; a total of $162,000. Saven will continue to review the initiatives
supported for maximum benefit and engage members in the annual decision
process.
For more information, please contact:
Tony Iavarone, AVP, Communications and Public Relations
FirstOntario Credit Union
Tony.Iavarone@FirstOntario.com
About Saven Financial, a division of FirstOntario Credit Union
Saven means saving. It’s that simple. Everything we do is to help people
grow their savings for the future while building their local communities,
too. That's why our online platform is both easy and convenient to use, and
our members always benefit from our competitive rates and have a voice in
our support for community causes. As a division of FirstOntario Credit
Union, Saven Financial is powered by the strength of one of the largest
credit unions in the province. By maximizing opportunities for returns and
using profits for a higher purpose, we take care of our members and local
communities. To learn more about Saven Financial, visit
SavenFinancial.ca
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