Pioneer Credit and Sallie Mae Fund Donate Nearly $200,000 to Charity

Western New York based receivables management company and Sallie Mae subsidiary Pioneer Credit Recovery, Inc. today celebrated another banner year of charitable giving in the community. The company, along with The Sallie Mae Fund, the philanthropic arm of Sallie Mae, donated nearly $200,000 to local Western New York charities through its "charity of the month" program and fifth annual golf outing. Since January 2004, employees have donated more than $550,000 in cash and matching contributions to philanthropic organizations in Western New York.

"Pioneer is a homegrown Western New York company, and we take pride in giving back to the communities where our employees live and work," said Joan Ludwick, Chief Executive Officer, Pioneer Credit Recovery. "Once again, our employees have gone above and beyond the call of duty, volunteering their time and making generous donations for these worthy causes."

Pioneer and The Sallie Mae Fund were proud to support the following local philanthropic organizations and charities in 2006:

• Bertrand-Chaffee Hospital     

• Ronald McDonald House of Rochester and Buffalo     

• Angel Action     

• Leukemia Lymphoma Society     

• CURE Childhood Cancer, Inc.     

• Genesee and Wyoming County Habitat for Humanity     

• American Cancer Society     

• Literacy Genesee/Literacy Wyoming     

• Amyotrophic Lateral Sclerosis (ALS) Association     

• Multiple Sclerosis Society     

• National Marfan Foundation     

• American Diabetes Association     

• Amber Lynn Osgood Endowment for Sarcoma Research     

• Canter for Cancer     

• Kids Escaping Drugs     

• KidCo Computers for Children     

• Wyoming County Chemical Abuse Treatment Program     

• Genesee Orleans Council on Alcoholism and Substance Abuse Foundation     

• Cattaraugus County Council on Alcoholism and Substance Abuse