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To the only place dedicated to the sharing of the good things credit unions do for people and their communities every day.

"Being good is commendable, but only when it is combined with doing good is it useful."
~Author Unknown

sioux falls grantMrs. Schneider’s 5th grade class at Terry Redlin Elementary School in Sioux Falls, SD has been learning some valuable lessons thanks to a grant from Sioux Falls Federal Credit Union’s (SD) Adopt-A-Classroom program.  Seven $500 grants were awarded last fall to local teachers who created innovative financial literacy programs to incorporate into their regular curriculum.  Throughout the year, Sioux Falls FCU’s marketing department has stopped by to check in on how the projects are going, and received quite a treat on March 25th.

The program that Mrs. Schneider created for her class is quite impressive. Throughout the year her students have “earned” money by completing their weekly reading assignments, submitting work for extra credit, or by working for the Safety Patrol.  Their earnings are then deposited into their checking accounts, which each student is responsible for balancing.  Each month, rent is due, and a check must be made out to Mrs. Schneider, and then the students have the opportunity to go shopping in their classroom store.  A special emphasis was put on wants versus needs, and how to find a balance between the two. Mrs. Schneider used the grant money to purchase goods such as backpacks, flavored bottled water, pencils, stickers, markers, candy, books and other fun items for the students to buy. 

Not only have the students learned how to earn and budget money, but they learned the importance of helping others less fortunate. The students were offered the opportunity to donate some of their earnings to a local charity.  Mrs. Schneider was so impressed with her student’s generosity, that she matched their donations out of the grant money.

Gretchen Miller, Marketing Specialist for Sioux Falls Federal Credit Union, was impressed with the 5th grader’s decision making skills.  “It was quite amazing watching each student carefully balance their checkbook before shopping to ensure they had enough money for the purchase and for next month’s rent,” said Miller.  “They are truly learning some important life lessons.”

After the shopping was complete, Mrs. Schneider showed a video that her class made thanking the credit union.  The video showed how the students earn money, how they balance their checkbooks, and interviews about what they have learned during the process.  In an interview, one student learned a particularly hard lesson.  She had not completed her reading assignments for a couple of weeks, and spent most of her money in the school store. When rent came due, she didn’t have enough, and was evicted from her desk for a portion of the day.   In the interview, the student said, “I learned that I have to plan for things before I buy them. That way I will have enough money for rent.”

Mrs. Schneider feels that financial literacy is a skill that children need to learn early, “Some students, unfortunately, don’t learn these skills from their parents, because their parents might not be financially responsible themselves, and are living paycheck to paycheck. I’m glad that I have the opportunity to help them learn these important lessons, and am thankful to the credit union for this generous grant.”


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Credit Union Supports Work-Based Learning Program

Thursday, April 11, 2013 @ 05:04 PM

Shriver Job Corps A#2472E40Fitchburg, Mass. – Shriver Job Corps has presented the Business Partner of the Year award to Workers’ Credit Union for the second year in a row, recognizing its ongoing participation in their work-based learning program.

“Putting Workers’ on their resumé makes a big difference as to whether the student is hired,” said Lisa Crossman, career transition specialist for Devens-based Shriver Job Corps. “Because of the credit union’s commitment to helping our young people, students gain valuable work experience that will help them tremendously in their careers.”

Over the past five years, the credit union’s information technology department has provided six-week internships to students. “We enjoy working with the students and appreciate the opportunity to give them workplace experience,” said David Thibodeau, vice president, information technology, for Workers’ Credit Union.

Job Corps is a free education and training program that helps young people learn a career, earn a high school diploma or GED, and find and keep a good job. For eligible youths, at least 16 years of age, Job Corps provides the all-around skills needed to succeed in a career and in life.

 

 


Credit Union Supports America’s Credit Union Museum

Thursday, April 11, 2013 @ 05:04 PM

America Credit Union Museum Names Room for Service Credit UnionMANCHESTER, NH – America’s Credit Union Museum officially renamed its third floor conference room the Service Credit Union Conference Center at a special dedication ceremony held at the Museum on March 27. The 1,800 square foot conference room occupies much of the third floor of the Museum and serves as an important gathering place for regional and national industry meetings, credit union planning sessions, and community programs such as the Museum’s middle school and high school CU4Reality financial literacy fairs.

America’s Credit Union Museum is a national landmark located in the building that housed the first credit union in the United States.  The Museum exhibits chronicle the history of credit unions from their inception in New Hampshire, their expansion and growth throughout the last century, and their importance to over 96 million members today.

Service Credit Union has been a staunch supporter and one of the founding underwriters of the Museum with Service CU President and CEO Gordon Simmons serving as Chairman of the Museum Board of Directors from 2001 until 2012.

“Service Credit Union has been an passionate, devoted and effective supporter of the America’ Credit Union Museum, the site of the first credit union in America in 1908,” says Gordon Simmons, President/CEO of Service Credit Union. “This building, the first credit union in the United States, is an historical legacy that belongs to all credit unions and their members in our nation.  It represents our roots, values and aspirations.  It was, therefore, an honor for the Service Credit Union Board to generously support the Foundation to ensure that our legacy – yours, mine and ours – remains intact now and for future generations.”

 

 


Police 5k

Glenn Fossa (with microphone) interviews Workers’ Credit Union’s Dave Rodgers (right) as he presents a $1,500 check to Jude Chabot, Christopher Garcia, Derek Sullivan and Sergeant Mark Jackson, for the Fitchburg Police Associations’ 21st Annual Community 5K Road Race, which is June 22.

 

The race will benefit the Wounded Warrior Project, which raises funds to support service members who have been wounded while serving the country.


scottCollinsville, Illinois – Scott Credit Union recently presented a check for $2,000 to a representative from Triad High School to continue as the presenting sponsor of the school’s softball invitational tournament over the next two years.

Scott Credit Union Community Relations Representative Lauren Hoefert presented the $2,000 check to Triad softball coach Kris Kleeman.

The Annual Triad High School Invitational sponsored by Scott Credit Union will be held at the school on May 3-4.

“This is another opportunity for us to support a local school and help them to host the annual softball tournament,” Hoefert said. “Having a location in Troy, we feel that it is important that we do what we can to help in the community. We also are happy to have another venue to let people know that the credit union is a better value.”

Scott Credit Union has made giving back to its communities a major priority. The local credit union contributed over $275,000 and its employees volunteered over 2,300 hours to a variety of local civic efforts throughout the region in 2012.

“We realize that without our members and the communities in which we serve, we would not exist as a financial alternative,” Hoefert noted. “Supporting our communities is very important to us.”  The credit union has increased its community involvement in the past few years while also increasing its efforts to educate consumers of the value of doing their financial business with a not-for-profit credit union.

“We want people in the area to know more about the value of doing business with a credit union,” she added. “That is why we have focused our time on educating area residents about Scott Credit Union. One of the big ways we’ve done that is through our community involvement.”

 

 

 

 

 

 


Credit Union Helps Teens “Take a Bite of Reality”.

Wednesday, April 10, 2013 @ 04:04 PM

BORLB01More than 40 teens from the Long Beach area recently took a “Bite of Reality” and learned the basics of finances at St. Mary’s Hospital in Long Beach, thanks to the Long Beach branch of Orange County’s Credit Union in partnership with the Richard Myles Johnson Foundation—the state foundation supporting financial education efforts of credit unions in California and Nevada—and St. Mary’s group, EM3.

The youth participated in Bite of Reality, a hands-on simulation program offered by the RMJ Foundation, together with the California and Nevada Youth Involvement Network, which supports quality financial education for young people in the two states.

At the March 19 event, the teens were given a fictional occupation, salary, spouse and family, student loan debt, credit card debt, and medical insurance payments. The teens then visited various table-top stations to “purchase” housing, transportation, food, clothing, household necessities, day care, and other needs. In addition, there was a “credit union” to help with financial needs. They also faced some unexpected expenses and windfalls.

The teens who participated in the program enjoyed it, saying they learned to be more wise in their finances by focusing on purchasing things they needed first before spending money on things they wanted. They also commented on how much they appreciate what their parents go through in handling money issues.

“It was great that we had more than 40 teens attend the workshop and 10 Long Beach-based organizations pulling together to assist in providing an event that helps to promote financial stability in our community in a fun and interactive way,” said Azul Sanchez, Orange County’s Credit Union Long Beach branch manager.

“The ‘Bite of Reality’ program gives teens a hands-on opportunity to experience making financial decisions and a better understanding of the challenges of living on a budget,” said Tena Lozano, executive director of the RMJ Foundation.


Credit Union Awards Makeovers to Two New College Graduates

Wednesday, April 10, 2013 @ 04:04 PM

MSUFCU 2013 Graduate Makeover WinnersMichigan State University Federal Credit Union of East Lansing, MI awarded Nathaniel Pasmanter and Alexandra Tricozzi, two spring 2013 Michigan State University (MSU) graduates, with $3,200 professional makeovers in its ninth annual Graduate Makeover Contest. A record number of 155 contest entrants submitted personal essays about why MSUFCU should select them to win professional makeovers, along with their photographs and lists of accomplishments and community involvement activities.

As winners, Pasmanter and Tricozzi received new business attire courtesy of Kositchek’s and Eastwood Towne Center, respectively. Both winners were gifted Spartan jewelry from Wheat Jewelers and salon and spa services from Douglas J Aveda Institute and Douglas J Salon East Lansing. In addition, the Student Book Store provided each winner with a class ring, graduation announcements, diploma frame, cap and gown, and a $100 gift card. MSUFCU also gave each winner a $500 prize.


american1American 1 Credit Union of Jackson, MI is dedicated to the communities they serve and feel strongly about giving back.  American 1 Credit Union raises money each month for different local charities.  During the month of March funds were raised for The John George Home, a home for elderly gentlemen, headquartered in Jackson, Michigan. The home provides a safe and independent living environment for men of the Jackson community.

During the month of March, employees participate in fun activities by making a donation to the charity account.

American 1’s Home Office and North Street branch locations also have fresh popped popcorn and bottled water available for a donation for members, every Friday.

A total of $693.50 was raised for The John George Home!

 


Credit Union Volunteers Raise Funds for School

Tuesday, April 9, 2013 @ 03:04 PM

affinityA dedicated team of volunteer runners from Affinity Federal Credit Union of Basking Ridge & Scotch Plains, NJ joined in the St. Bartholomew Academy 5K RunWalk to help raise funds for the school.

Two of the team’s runners, Saif Kawash and Veronica Guzman received medals for their race times.

“We have a dedicated group of employees who enjoy volunteering their time for local causes,” said Donna LoStocco, senior vice president, member experience at Affinity Federal Credit Union. “Those who are runners truly enjoyed helping out to raise funds for St. Bartholomew Academy.”  St. Bartholomew Academy is a private Catholic school associated with St. Bartholomew Church.  The school follows the recommended curricula of the Archdiocese of Newark in all subject areas and meets the New Jersey state curriculum standards.

 


Credit Union Raises Over $1,200 for Charities

Tuesday, April 9, 2013 @ 03:04 PM

bake sale(Latham, NY) Community Resource Federal Credit Union’s employees held a bake and craft sale on Friday, March 29 at its 20 Wade Road, Latham office.  The employees prepared cakes, pies, cupcakes, muffins and cookies, as well as Easter themed crafts including baskets, table favors and wreaths.  The employees raised $1,227 for their two charities, the Mohawk Hudson Humane Society and Interfaith Partnership for the Homeless. The funds will be deposited into the Community Resource Charity Fund to be combined with money raised throughout the year and distributed to the charities at year-end. Employees have planned several other fundraising events including the Haunted Asylum on October 19 and Pet Photos with Santa on December 7.

“I’m thrilled that we are able raise more than last year because we want so much for it to be successful when the employees work so hard beforehand making crafts, preparing for the display, organizing bakers and working the event,” said Betsy Kindlon, Community Resource’s CEO, who donated 100 crocheted and hand-made items to the sale.