News & Notes
Alliant CU financial literacy class visited by Congresswoman. Jan Schakowsky, U.S. Representative for Illinois’ 9th Congressional District, visited a local middle school this year to observe a class on checking and savings accounts. The class is part of a four-course curriculum called Banking on Our Future, which teaches the basics of banking and the importance of credit and investment. These financial literacy classes are taught by specially trained employee volunteers from Alliant Credit Union. The Congresswoman praised the concept of teaching youth about money matters. The classes occur during each quarter of the school year for 8th graders. Over the past several years, virtually every student attending public middle school in Des Plaines has taken them. The program was developed by Operation HOPE, a national organization that helps people succeed through financial literacy and economic empowerment. As a former elementary school teacher, Representative Schakowsky has a strong commitment to education. Plans for Representative Schakowsky to visit a Banking on Our Future class began earlier this year.
BCU and Ecuador CUs sign International Partnership Agreement. Last month, two representatives from Baxter Credit Union (BCU) traveled to Ambato, Ecuador, to establish an official credit union-to-credit union partnership with Cooperativa de Ahorro y Credito OSCUS Ltda. through World Council of Credit Unions' (WOCCU) International Partnerships Program. The new partnership between BCU and OSCUS will allow both parties to directly exchange information, ideas and best practices in credit union operations. "We are thrilled to embark on this journey with OSCUS and look forward to all we have to learn from each other," said Mike Valentine, BCU president and CEO. "Forming a partnership with an organization full of dedicated individuals with shared goals and values only strengthens our pride in the World Council International Partnerships' mission and the industry as a whole." The new partnership brings the total number of International Partnerships Program alliances to 20 across North America, Latin America, the Caribbean, South Pacific and Europe.
Biz Kid$ wins Emmy Award. Biz Kid$ has won a national Emmy Award, television’s highest honor. The award for Outstanding Achievement in Single Camera Editing was presented to Biz Kid$ in a gala celebration in Los Angeles, Calif. on June 14, 2013. Biz Kid$ is the credit union funded public television series that teaches kids about money management and entrepreneurship. The 40th annual Daytime Entertainment Creative Arts Emmy® Awards are hosted by the National Academy of Television Arts & Sciences. The Emmy Awards recognize creative leadership for artistic, educational and technical achievements within the television industry. The Daytime Emmy Awards recognize outstanding achievement in all creative fields of daytime television production. The series was also nominated for Outstanding Achievement in Sound Mixing and Outstanding Achievement in Sound Editing. This is the second Emmy Award for Biz Kid$. The show won an Emmy Award for Outstanding Achievement in Main Title and Graphic Design in 2009. It has been nominated for thirteen Emmy Awards in the last five years.
Consumers CU community outreach in full swing. Consumers Credit Union (CCU) recently kicked off its 2013 Community Outreach Season. The credit union is on pace to participate in more than 16 community events during the summer months. CCU's outreach program began early spring and continues through the summer with an array of festivals, parades, fundraisers and community celebrations. "Summer is a wonderful time to show our support for the communities in and around our branch locations," noted Sean M. Rathjen, Consumers Credit Union President. Team CCU is active in fundraising, too. The credit union's walking team raised more than $1,400 for March of Dimes on April 28, an organization focused on the healthy development of children born all over the country. Additionally, CCU made a $5,000 cash donation to the Waukegan Public Library in an effort to help them expand their facilities used for its literacy program which serves families throughout Lake County area.
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Earthmover CU awards $4,000 college scholarship. Earthmover Credit Union (ECU) recently awarded the Teen Investment Program $4,000 college scholarship to Tyler Coonradt of Aurora. The scholarship was awarded to Tyler based on his outstanding academics, extracurricular involvement, and his essay explaining how social media has impacted his life and where social media will take us in the future. Tyler is a senior at Oswego East High School. In the fall of 2013, he plans to attend the University of Indianapolis and major in computer science with a minor in cyber security. The Earthmover Credit Union board of directors and staff wish Tyler the best in his future endeavors.
Gateway Metro FCU awards four high school graduates with scholarships. Gateway Metro Federal Credit Union recently awarded four local high school seniors with $1,000 Judith A. Lowe Memorial Scholarships at the credit union’s annual meeting. The credit union has awarded $25,000 in scholarships to high school seniors since the program began six years ago. Its scholarship program is part of a larger financial education initiative. The credit union has elementary-school student-assisted credit union branches at Our Lady of Guadalupe School, St. Ferdin and School, and Christ Light of the Nations School. The credit union also operates a branch at Gateway STEM School (a St. Louis City public high school). The credit union's scholarships are named for Judith A. Lowe who was president of Gateway Metro Federal Credit Union, then called Gateway Telco Credit Union, from 1983 through the early 1990s. Ms. Lowe had been part of the credit union movement for nearly 30 years at the time of her death in 2000.
GCS CU joins Tour De Cure. The employees of GCS Credit Union are currently raising funds to support the American Diabetes Association and participate in their upcoming event, Tour de Cure. Throughout the year, employees of GCS are given the opportunity to wear jeans on Fridays and Saturdays for $20. The funds collected go to a specified charity. Members can also donate $1 at any branch and write their name on a Tour de Cure cutout to post in all branch lobbies. As of now Team GCS has raised $7,300.50. Team GCS has been involved in the race for three years now and has raised a combined total of $27,000. We would like to thank our employees and our members for helping us reach this goal.
Scott CU helps over 1,765 students learn to handle money. More than 1,765 students from nine area schools had the opportunity to face their financial future this past school year during CU 4 Reality Financial Education Fairs aimed at helping them learn financial skills they will use the rest of their lives. Scott Credit Union sponsored 18 CU 4 Reality Financial Education Fairs to teach students the important skills that will equip them to handle money responsibly, set and adhere to budgets, and avoid the pitfalls of debt. During the fairs, the students had to make life-like decisions about handling the expenses of housing, utilities, transportation, clothing, food, and other necessities. The CU 4 Reality Financial Education Fair is a day-long event that gave middle school and high school students a chance to see how career selection impacts their financial well-being and their life choices. Participants were challenged with creating a spending plan based on a salary and juggle needs versus wants to make sure they are living within their means. Participants ended the fair by meeting with a credit union volunteer that helped them total their budget and make decisions about how to better handle their money.
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