Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Texas Trust CU donates 60K to schools via debit rewards program
MANSFIELD, Texas (4.26/12)--Texas Trust CU in Mansfield has donated more than $60,000 to four area school districts since August as part of its Spirit Debit Reward program.

The schools earn 15 cents every time a Spirit Debit Reward card is used to make a purchase. Thus far, cardholder transactions have exceeded 405,000 (LoneStar Leaguer April 25).

The program was launched last year as a way to help area schools that are facing tight budgets. Participating schools receive a check at the end of each month, based on the number of transactions swiped from their school-specific Debit Reward Card. Schools get to choose how to use the money they earn.

Within the four school districts that have a Texas Trust Spirit Debit Reward card, there are 11 high schools and two administrations participating.

"The money we earned from the Spirit Debit Reward Card allowed us to provide student planners, which would have otherwise been cut," said Tammy Mariani, principal at Cedar Hill High School. "Texas Trust has given us an easy way to raise money without requiring students to sell candy bars or wrapping paper."

The Spirit Debit Reward Card is part of Texas Trust's Spirit in Action campaign, which supports schools in several ways: a financial education curriculum for high school students; financial literacy workshops for students, teachers, administrators and the community; volunteers for school-related activities; financial donations; and student scholarships.

Credit union members can earn rewards for designated schools when opening a checking account or taking out an auto loan, personal loan, or mortgage. In 2011, Texas Trust donated more than $150,000 to participating schools, including $20,000 in student scholarships.


RSS





print
News Now LiveWire
AACUL honors @DianaRDykstra with Eagle Award; Wendell Lyon re-elected chair http://t.co/FacmfLiItH
39 minutes ago
.@NCUFoundation's Hyland, #creditunion leaders grace small screen for Va. TV program #CUNANewsNow http://t.co/opmMXzD91e
1 hours ago
.@FHFA:2015 maximum conforming loan limits 4 mortgages bought by Fannie,Freddie stay at $417,000/one-unit properties in most of the country.
3 hours ago
.@CUNA's Susan Tiffany on 6 must-dos before buying a home http://t.co/RfD4exxN5l
3 hours ago
Overlooked law led to Fourth Corner charter via @denverpost http://t.co/nwjOLlxH2v
4 hours ago