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CU System Briefs (05/16/2013)
  • BELLEVUE, Neb. (5/16/13)--Employees and board members of the SAC FCU signed the final beam on their new corporate headquarters, being constructed in Papillion Neb. The new building will be four stories tall and 90,000 square feet, which will allow the largest credit union in the state to consolidate its corporate departments under one roof, with extra room to accommodate future growth. As the final beam was placed, SAC FCU held a Topping Off Ceremony to celebrate its success and commitment to the communities it serves. Staff expect to move into the building by March 2014. Pictured at the celebration are from left: Board members Jean Howard, Pat Jones, Marilyn Ogorzaly, and Jerry Needham, President/CEO Gail DeBoer, Senior Vice President Operations Robin Larsen, and board members John Goble and Dr. Julia Cronin-Gilmore. (Photo provided by SAC FCU) ...
  • RANCHO CUCAMONGA, Calif. (05/16/13)--
    The Richard Myles Johnson (RMJ) Foundation and Patelco CU gave 40 students at Roseville High School a "Bite of Reality" when they attended an interactive financial education simulation in the Sacramento area. The teens were given a fictional occupation, salary, family and spouse, student loan debt, credit card debt and medical insurance payments. They visited various stations to purchase transportation, food, clothing, housing, housing necessities and daycare. A credit union station provided guidance to participants in need of budgeting advice. Participants also were subjected to unexpected expenses throughout the simulation. "Giving teens this hands-on opportunity to experience making financial decisions in a low-risk setting gives them a better understanding of  the challenges of living on a budget before they have to make those decisions in the real world," said Tena Lozano, executive director of the RMJ Foundation. The foundation  is dedicated to supporting credit union efforts in spreading the financial literacy message to young people. (Photo provided by the California and Nevada Credit Union Leagues) ...

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