STOCK TITAN

OneMain Financial Announces $10,000 Donation to Operation UNITE in Support of Flood Recovery Efforts

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

OneMain Financial has announced a $10,000 donation to the Operation UNITE Flood Relief Fund to assist communities in eastern Kentucky affected by flooding. This effort aims to provide essential supplies such as bottled water and cleaning materials to residents in emergency-declared areas. OneMain's leadership expressed their commitment to community support during this crisis. The company has also previously donated $40,000 in grants to tackle opioid addiction. With nearly 1,500 locations in 44 states, OneMain remains dedicated to responsible lending and community engagement.

Positive
  • Donation of $10,000 to support flood relief efforts in eastern Kentucky.
  • Previous $40,000 grants to Operation UNITE for opioid addiction initiatives.
  • Encouragement for team members to participate in charitable donations.
Negative
  • None.

OneMain Financial, the country’s largest installment lender to hardworking Americans with nonprime credit, announced today a donation of $10,000 to benefit the Operation UNITE Flood Relief Fund. The fund will be used to purchase bottled water, cleaning supplies and other necessities for eastern Kentucky counties that have declared a state of emergency.

“The historic flooding this week in eastern Kentucky is tragic, and as neighbors and part of the community we want to support Operation UNITE as it steps up and helps residents recover,” said Tracey Woodyard, who heads OneMain’s office in London, Kentucky. “In addition to our corporate donation, we have encouraged OneMain team members to support the Operation UNITE Flood Relief Fund during this challenging time.”

OneMain employs more than 350 people at the company’s London call center site. Operation UNITE is based in London and dedicated to helping individuals and families suffering from substance use disorders.

OneMain is committed to lending its hand in the fight to curb opioid addiction and has awarded $40,000 in grants to Operation UNITE to help achieve this mission. Team members at OneMain are eligible to receive a 1:1 match for qualifying donations to Operation UNITE or any other charities they decide to support throughout the year.

About OneMain Financial

OneMain Financial (NYSE: OMF) has been offering responsible and transparent loans for over 100 years. With almost 1,500 locations throughout 44 states, the company is committed to helping people with their personal loan needs. OneMain and its team members are dedicated to the communities where they live and work. For additional information, please visit OneMainFinancial.com.

FAQ

What is OneMain Financial's recent donation for?

OneMain Financial donated $10,000 to the Operation UNITE Flood Relief Fund to assist flood-affected communities in eastern Kentucky.

How much has OneMain donated to Operation UNITE in total?

OneMain Financial has awarded $40,000 in grants to Operation UNITE, in addition to their recent $10,000 flood relief donation.

What kind of support is OneMain providing to the flood relief efforts?

The donation will be used to purchase bottled water, cleaning supplies, and other necessities for residents impacted by flooding.

Where does OneMain Financial operate?

OneMain Financial has nearly 1,500 locations across 44 states.

How is OneMain Financial involved in combating opioid addiction?

OneMain has provided grants to Operation UNITE, which focuses on helping individuals and families affected by substance use disorders.

OneMain Holdings, Inc.

NYSE:OMF

OMF Rankings

OMF Latest News

OMF Stock Data

6.66B
118.88M
0.38%
89.03%
4.03%
Credit Services
Personal Credit Institutions
Link
United States of America
EVANSVILLE