Tuesday, August 29, 2017

Big News from Our Student-Run Credit Union Team

Student-Run Credit Union Team
Back to school time means another busy year for our Student-Run Credit Union Team. We partner with several Michigan school districts to operate student-run credit unions and expose thousands of students each year to money management skills. Selected students learn to run their own in-school branches as credit union tellers, branch managers, marketing representatives, computer operators and accountants.

National Recognition 
Community Financial recently received some national recognition at the National Youth Involvement Board (NYIB) annual conference in Boston. Several Community Financial team members were recognized for their financial education efforts in two different categories:

For Students Reached ($500-$999 million asset category)
Suzanne Sundberg- 1st place (4,427 students) 
Erin Ilg- 4th place (4,025 students) 
Jeremy Cybulski- 5th place (3,828 students) 

For Presentations Given ($500-$999 million asset category)
Jeremy Cybulski- 3rd place (202 presentations) 
Kristen La Forest- 5th place (105 presentations) 

Our classroom presentations reached over 17,000 students last school year. We’re aiming for even more this year!

We’re proud to be leading the way regionally, and nationally in financial education! If you know a school that is looking for financial education or some other form of partnership, please let us know. We also work with libraries, boy/girl scout troops, churches, and other community organizations to offer assistance with financial education.

Continued Growth
This year we are excited to announce we will have 49 school partnerships in the state of Michigan! Our newest school partners include Coolidge Elementary in Livonia and Ridge Wood Elementary in Northville. Due to our continued growth, we will also add another Education Partnership Coordinator to our team during the 2017-18 year. 

Our Priority 
We continue to make financial education a priority because we understand that children are the future of our communities. According to Sr. Education Partnership Coordinator, Jeremy Cybulski, “Community Financial is very serious about our commitment to education and as the credit union grows, so will our number of school partnerships. Whether it is through new classroom presentations, student credit unions, or some form of financial education event, we are always looking to break new ground and further our efforts in the communities we serve.” To learn more about our school credit union program please visit cfcu.org/scu.

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