|
For the second year in a row,
Arizona Federal’s Tucson branch is
partnering with the United Way in
a beneficial program to help low to
middle income families across the
Tucson community.
The Volunteer Income Tax
Assistance (VITA) program offers
families free tax preparation
and ensures they get the tax
credits they deserve. The Tucson
Branch first became involved
with this worthwhile program
during the 2006 tax season when
the Earned Income Tax Credit
(EITC) Taskforce was looking for
additional host sites. Community
Services Coordinator Jake Wycoff
is a member of the taskforce, and
suggested that the Tucson Branch
would be a great fit for VITA.
“The Tucson and Tucson Community branches help an
underserved segment of the
community. Saving low income
individuals and families money on
their tax preparation fees can help
them become more self-sufficient,”
Wycoff said.
From January 20 to April 15
of last year, volunteers from the
Tucson Branch completed up
to 10 tax returns per three-hour
session each Saturday, and saved
taxpayers about $20,000 per
session.
Wycoff said Arizona Federal
is truly making a difference by
offering this valuable service. “Though our tax site has
completed hundreds of returns,
taxpayers are still surprised when
they learn that this is a volunteer
program that does not cost the
taxpayer anything. Our volunteers
give up their time to help people
in our community, and I’m proud
that Arizona Federal is the only
financial institution in Tucson
that’s partnering to provide this
valuable service,” he said.
Wycoff believes an additional
benefit of hosting a VITA site at
the Tucson Branch is that it allows
Arizona Federal to offer financial services to unbanked
taxpayers.
He said it’s gratifying to know
that Arizona Federal participates
in initiatives like VITA. By
participating in charitable
programs like this, we’re making
a valuable contribution to the
community and standing behind
our brand promise of service.
Arizona Federal is
a locally-owned, locally-controlled, and locally-operated
federally-chartered credit union managing $1.7
billion in member assets and serving over 217,000
member accounts.
|