Fort Knox Federal Credit Union marks the 69th anniversary of its establishment Friday.
From its humble beginnings with a mere $1,000 in combined capital, its founders likely would have been unable to envision a time when the organization could make a $1.5 million community commitment.
Announced last week, the credit union plans to donate that amount over the next decade to the Hardin Memorial Health Foundation with a goal of expanding services at the HMH Medical Group Radcliff Family Medicine clinic near the Wilson Gate of Fort Knox.
A nonprofit entity, the credit union long has promoted the slogan “People Helping People.” That’s what is happening with this significant multi-year investment on the credit union’s part.
“This investment in military and community health right outside the Fort Knox military post aligns with the credit union’s seven-decade focus of improving the lives of fellow Kentuckians,” said Reba Watson, chairwoman of the credit union’s board.
This project will address more than medical concerns, according to the announcement.
The expanded clinic will allow HMH to add primary care providers, provide additional patient services and connect military families and all patients to community resources including financial services and education.
“This first-of-its-kind clinic will offer high-touch, comprehensive, multi-disciplinary care that addresses not only physical health, but also mental, social and spiritual health,” said Dr. Tom Hustead, medical director of HMH Medical Group.
One of its goals is to blend financial knowledge and health care in a single facility as a holistic approach to wellness.
The announcement cited a 2018 Stress in America survey published by the American Psychological Association revealing 81 percent of young adults and 64 percent of adults overall identified money as a common source of stress.
Fort Knox Federal has seen tremendous growth over the years and has expanded to 17 branch locations in 10 counties and on post. Its $1,000 startup from five initial investors now equates to $1.5 billion in assets and more than 100,000 members. But one of its more distinctive qualities is its concern for community and willingness to act on it.
This gift, while large and well publicized, is but one of the ways the leadership, management and staff of the credit union stands out among our civic leaders.
This editorial is a consensus of The News-Enterprise editorial board.