A Decade of Generosity: Supporting the Catholic Community through Strategic Donations and Scholarships
Published by Parishioners FCU – April 1, 2025
LOS ANGELES, CA – Parishioners Federal Credit Union has announced a groundbreaking commitment of $1 million to the Catholic community over the next decade. This transformative investment aligns with the credit union’s strategic initiatives, which focus on expanding reach, enhancing infrastructure, engaging members, maintaining financial health, and exploring growth opportunities.
The donation will support vital programs under the Archdiocese of Los Angeles, including student scholarships through the Catholic Education Foundation’s tuition assistance program. These efforts aim to reduce financial barriers for families, ensuring every child has access to a quality Catholic education, regardless of their financial situation. The scholarships funded by Parishioners Federal Credit Union will specifically benefit students in the San Pedro pastoral region, fostering educational advancement and spiritual growth within the community.
“Education is the cornerstone of a thriving community, and we are honored to invest in the future of our youth. This commitment reflects our deep-rooted values and mission to empower families and uplift our community through accessible Catholic education,” said Alen Torosyan, President and CEO of Parishioners Federal Credit Union.
In the past year alone, the credit union has demonstrated its commitment to giving by contributing to various Catholic events and ministries, including:
-Ethical Leadership Lunch-Platinum Sponsor-$15,000- a gathering that seeks to foster a community of professionals dedicated to advancing sustainable and inclusive growth, deeply rooted in shared values of faith. All proceeds from this event directly support Catholic Schools in Los Angeles, nurturing the next generation of ethical leaders.
-St. John Seminary Gala-Archbishop Level Sponsor-$15,000- a gathering that helps better connect the Archdiocesan Catholic community with the men studying to be future priests while raising funds to support the Seminary.
-St. John Chrysostom School: $6,000
– St. James School Festival: $3,000
– Mary & Joseph Retreat Center: $2,500
– American Martyrs: $2,500
– Lady of Guadalupe: $1,000
– St. Joseph Festival: $1,000
– Catholic Cemeteries & Mortuaries: $1,000
Parishioners Federal Credit Union is dedicated to supporting Catholic causes, investing in education and community programs through donations and volunteering, and serving as a trusted financial partner for its members.
The decades-long commitment embodies the principles of Catholic social teaching, including respect for the human person, promotion of the family, the right to own property, the common good, subsidiarity, the dignity of work and workers, and the pursuit of peace and care for the poor. By adhering to these principles, Parishioners Federal Credit Union not only addresses immediate community needs but also lays the foundation for long-term efforts that promote spiritual growth and educational excellence.
As the credit union embarks on this 10-year journey of giving, it expresses heartfelt gratitude to the community for its ongoing support and partnership. The initiative aims to strengthen our Catholic foundation while inspiring a collective commitment to service and generosity. Parishioners Federal Credit Union encourages everyone to join in this mission, supporting Catholic initiatives to create a brighter future for all.