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News Now

CU System
Point Loma CU helps migrant children learn
OCEANSIDE, Calif. (7/16/08)--Point Loma CU (PLCU) is assisting the San Diego County Office of Education’s Migrant Education Program, which is designed to help migrant children’s academic achievement. The Migrant Education Program helps local schools offer unified education programs, incorporating early childhood education, parenting, adult literacy and basic financial education. Participating schools can customize program elements to their area’s specific needs. “We are proud to support the migrant education program because we help members achieve financial stability by bringing families together,” said Nora Parker, PLCU's Oceanside branch manager. PLCU will inform migrant families about the financial services available to them, with a focus on alternatives to the payday lenders and check-cashing services many migrants feel are their only options. In addition, the credit union will conduct free financial education seminars, in English and Spanish, for students and their parents. PLCU also offers international money transfer services at a substantially lower cost than commercial services. “The migrant community is a vital instrument to the county’s agricultural economy, and we want to do what we can to help them improve their lives,” said Parker. “It’s part of our philosophy of ‘people helping people.’ PLCU is a $470 million asset, San Diego-based credit union with more than 59,000 members and 15 branches.


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