Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
IUSA TODAYI Student branches dispense financial sense
NEW YORK (4/2/10)--Students across the nation are getting hands-on financial experience through credit unions and banks operating in schools, says a prominent story in Thursday's USA TODAY. While the Federal Deposit Insurance Corp., told USA TODAY that banks have several dozen in-school branches, "the number of credit unions partnering with schools is even greater (than banks); there are at least 324 credit union in-school branches" tracked by the National Credit Union Administration," the national publication said. Working with schools is an opportunity to promote financial literacy, an area of weakness in school systems, Janine Williams, vice president of marketing at the University of Virginia Community CU, Charlottesville, Va., told the newspaper. "It fits our vision of improving the financial lives of our members and our community," she said. The article also noted that since an in-school branch of Appleton, Wis.-based Community First CU, opened in December at Jefferson Elementary School, 125 savings accounts have been opened. The student credit union is run by fifth and sixth graders. Use the link for the full article.
Other Resources

RSS





print
News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda http://t.co/gFIhRhUCts
4 hours ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief. http://t.co/TMTubG9Afk
6 hours ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today: http://t.co/ep5…
8 hours ago
Seriously underwater homes rise, new-home sales tumble News Now: http://t.co/2LzWTkqnES
8 hours ago
#NewsNow Cornerstone Foundation awards $71K in grants http://t.co/Y6D8K9rwWv
10 hours ago