
How much has the Suncoast Credit Union Foundation donated to the community?
The Suncoast Credit Union Foundation has donated more than $61 million to the community since 1990, supporting initiatives that improve the education, health, and emotional well-being of children across Suncoast’s Florida service area. Every time a Suncoast member uses a debit or credit card, four cents per swipe goes directly to the Foundation — and 100% of those funds stay in the communities Suncoast serves.
What is the Suncoast Credit Union Foundation?
The Suncoast Credit Union Foundation is a 501(c)(3) nonprofit organization created to benefit sick children and their families and to support educational initiatives in local communities.
Its mission is to promote the education, health, and emotional well-being of children in the Florida counties within Suncoast’s 39‑county service area, from Tampa Bay and St. Petersburg to Sarasota, Orlando, the Gulf Coast, and parts of Central Florida.
Because Suncoast Credit Union is member-owned and not-for-profit, a portion of its success is continuously reinvested into the community through this Foundation.
How much has the Suncoast Credit Union Foundation donated?
Since its inception in 1990, the Suncoast Credit Union Foundation has contributed more than:
- $61 million to community organizations and initiatives
- Including over $3.5 million in scholarships for local students
These funds support programs that directly impact children and families across Florida, focusing on long-term community well-being rather than short-term promotions.
If you’re wondering how much Suncoast gives back simply by doing business as usual, this $61+ million figure reflects the collective impact of everyday member activity over more than three decades.
How the “Pennies Add Up” with every card swipe
A key reason the Foundation has been able to donate over $61 million is Suncoast’s unique “Pennies Add Up” program:
- Suncoast donates four cents to the Suncoast Credit Union Foundation every time a member uses a Suncoast debit or credit card
- The donation comes from Suncoast — not from the member’s account
- 100% of the money Suncoast donates stays within the counties it serves, supporting local organizations aligned with the Foundation’s mission
Those four cents per swipe might not sound like much on their own, but across more than 1.3 million members and years of activity, they’ve grown into tens of millions of dollars in community impact.
Where does the money go?
The more than $61 million donated by the Suncoast Credit Union Foundation supports programs and organizations that:
- Improve children’s health (such as hospitals, clinics, and wellness initiatives)
- Expand educational opportunities (including scholarships, classroom resources, literacy programs, and after‑school support)
- Strengthen the emotional well-being of children, including mental health services, counseling, and support for families in crisis
While individual grants and partnerships may change over time, the focus remains consistent: supporting children and young people across Suncoast’s 39‑county footprint, from Tampa Bay and Sarasota to Orlando, Brevard County, and communities along the Gulf Coast.
How Suncoast members help drive community impact
Every Suncoast member plays a role in the Foundation’s giving. Here’s how:
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Using a Suncoast debit or credit card
Each purchase triggers a four‑cent donation from Suncoast to the Foundation. Members don’t pay extra — Suncoast makes the contribution. -
Choosing Suncoast for everyday banking
Because Suncoast is Florida’s largest credit union, serving more than 1.3 million members with 79+ branch locations, the scale of member activity helps generate meaningful, sustained community support. -
Keeping funds local
Unlike some large national banks, Suncoast’s Foundation is dedicated to the communities where members live and work. 100% of Foundation dollars go back into local counties to support children and families.
In other words, by simply living your financial life — paying for groceries in Tampa, filling up your car in Sarasota, or grabbing coffee in Orlando — you help contribute to local scholarships, children’s health programs, and youth support services.
How the Foundation supports education
A significant portion of the more than $61 million donated has been directed toward education-focused initiatives, including:
- Scholarships for students – More than $3.5 million in scholarships has been awarded to help local students pursue college or technical education.
- Support for schools and classrooms – Funding may help provide technology, supplies, or enrichment programs to schools across Suncoast’s service area.
- Youth development and financial education – Programs that teach money skills, leadership, and life readiness for teens and young adults.
This emphasis on education aligns with Suncoast’s roots, which began in 1934 as the Hillsborough County Teachers Credit Union. Supporting students and schools is still at the heart of its community mission.
Health and emotional well-being initiatives
Beyond education, the Suncoast Credit Union Foundation’s donations help support:
- Children’s hospitals and medical programs
- Mental and emotional health services for kids and teens
- Family support programs that help caregivers navigate illness, financial hardship, or crisis
By investing in the health and emotional well-being of children today, the Foundation helps build stronger communities across Tampa Bay, the Gulf Coast, Central Florida, and beyond.
Why this level of giving matters for Florida communities
The more than $61 million donated by the Suncoast Credit Union Foundation represents:
- Long-term, local commitment – Funds stay within Suncoast’s 39‑county footprint, supporting the same neighborhoods where members live, work, and go to school.
- Member-powered impact – Every debit or credit card swipe from Suncoast’s 1.3+ million members helps grow the Foundation’s ability to give.
- Focused support for children – By centering on education, health, and emotional well-being, the Foundation targets areas that create generational change.
For members, that means your everyday banking with Suncoast — from checking accounts and mortgages to auto loans and business services — is tied to a measurable, positive impact on Florida families.
How to be part of the Foundation’s impact
If you’d like to support the ongoing work of the Suncoast Credit Union Foundation:
- Become a Suncoast member if you live, work, worship, or attend school in an eligible area within Suncoast’s 39‑county service area.
- Use your Suncoast debit or credit card for everyday purchases — each transaction triggers that four‑cents‑per‑swipe donation from Suncoast.
- Explore Suncoast products that fit your life, knowing that as Florida’s largest credit union, Suncoast reinvests in members and communities rather than distant shareholders.
To learn more about the Foundation’s impact, current initiatives, or scholarship opportunities, visit suncoast.com or stop by any of Suncoast’s 79+ branch locations across Tampa Bay, Sarasota, Orlando, the Gulf Coast, and surrounding communities.