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CU System
Federations youth group makes a difference
DALLAS (7/10/08)--Twenty-four middle- and high-school youth representing six Community Development Credit Union (CDCU) Youth Credit Union Programs (YCUP) gathered in Dallas for a youth conference during the National Federation of Community Development Credit Unions’ 34th Annual Conference on Serving the Underserved.
Click to view larger image Youth representing six Community Development Credit Union Youth Credit Union Programs gathered in Dallas for a conference during the National Federation of Community Development Credit Unions’ 34th Annual Conference on Serving the Underserved.
“These youth are at their CDCUs on a regular basis learning the skills they need to succeed and become important stakeholders in their communities,” said Federation President/CEO Cliff Rosenthal. The conference opened with youth spending their first full day at the Jubilee Center, a revitalization project in Dallas. “We helped them prepare classrooms for the summer, and then we got to participate in activities with some of the same kids we were helping,” said Andi Ball-Meza, one of four attendees from Women’s Southwest FCU, Dallas. One highlight of the conference was a presentation by Elsa Ramos and Stephanie Lopez, two youth from Mission SF FCU, San Francisco, who work as youth trainers for economic power. They taught youth how to run peer training programs. “Ramos and Lopez teach like seasoned trainers,” said Pamela Owens, Federation director of education and training. “Their program is an incredible resource.” Other workshops included Building Cooperative Leadership 101, where youth learned about cooperatives from Tom Decker, national program director, Credit Union Center for Social Impact Management. Virginia Trevizo-Wells, a trainer from the PLAN fund, a peer lending institution in Dallas, taught a workshop on entrepreneurship and micro lending.
Click to view larger image During the conference, youth participated in a Mad City Money simulation game, donated by the Credit Union National Association. At right is Shreveport FCU's Tarsha Williams, stationed at "Really Realty." (Photos provided by the National Federation of Community Development Credit Unions)
Youth also participated in Mad City Money, a simulation game donated by the Credit Union National Association. One participant said afterward that she learned to “make a budget, go to the credit union first and be sure to put money away for emergencies.” “It’s great to see all these youth who are excited about credit unions and financial literacy,” said Dan Apfel, fderation youth program coordinator. “We love having them at the conference every year and hope to attract even more credit unions to participate next year.” The fderation has hosted yearly CDCU Youth Conferences during its annual conferences for more than 10 years. CDCUs in the federation’s Youth Credit Union Network offer youth savings accounts, financial literacy and leadership development programs. The 15 CDCU programs have $1.5 million in assets and more than 3,000 youth members nationwide.
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