NEEDHAM, Mass., June 10, 2015 /PRNewswire-USNewswire/ -- Direct Federal Credit Union is proud to announce for the second year in a row they are sponsoring the Three Squares New England 4th Annual Ride for Food. This year, Direct Federal will donate $10,000 to the Ride for Food as the event's lead sponsor. The goal of the ride is to provide nourishing food that local families need now to lead healthier, less stressful lives. The ride benefits local food pantries and hunger initiatives in Cambridge, Dedham, Jamaica Plain, Natick, Needham, Wellesley and Westwood. Recognizing that hunger is widespread throughout the surrounding community, Three Squares New England organized its first Ride for Food in 2012.
Seta Nersessian, a co-founder of Three Squares New England, said "Having Direct Federal supporting us again this year is fantastic. We commend them for their continuing commitment to our community and for their generous contribution to the relief of hunger in all the communities benefitting from the Ride for Food."
Joe Walsh, President and CEO of Direct Federal Credit Union said, "We are thrilled to again sponsor this year's Ride for Food. It's a great cause in our community and we're excited to sponsor the event and have our employees ride. It's a great day to join our neighbors in support of a worthy cause."
In the Ride for Food's inaugural year, 65 riders raised approximately $35,000 for the Dedham Food Pantry. The 2nd annual Ride raised over $123,000 to support hunger initiatives and on average returned 111% of every dollar raised by partner hunger relief organizations. Last year's Ride for Food continued the growing success, and raised $210,000 for 11 area organizations committed to battling hunger locally. To learn more about the Ride visit www.threesquaresne.org.
Direct Federal is a federally chartered and insured credit union located in Needham, MA. Founded in 1953, the institution currently serves over 25,000 members and is committed to providing extremely competitive loan and deposit rates with a strong emphasis on member service. From mortgages, home equity lines, and auto loans to checking, money market accounts, and CDs, Direct Federal provides an integrated array of products and services, all enhanced with the simplicity and convenience of the latest online and mobile technologies. For more information, please call 781-433-2900 or visit www.direct.com.
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SOURCE Direct Federal Credit Union