Community Federal Partners with
Northville High School to Promote Financial Literacy through Student
Grand Opening features check presentation
to Northville Education Foundation
Plymouth, MI (Oct. 8,
2002) Northville High Schools cafeteria offers more
than the usual lunch fare. Students now have the convenience of
doing their own banking at a student run credit union in partnership
with Community Federal Credit Union.
Branch managers Brian Hudson, Bree
Hietala and Amanda LaRiche, all students of teacher Bob Boshovens
consumer math class, opened the first day of operation on Friday,
October 4. They are among Boshovens 54 consumer math students
who are participating in the credit union program as employees.
Boshoven said, "Our partnership
with the credit union fits into our financial literacy program
by complementing our banking unit on savings and checking transactions,
and by helping students understand what it takes to build good
credit. It makes a real impression when students hear it firsthand
from the people who make the credit decisions."
Prior to opening the branch, students
were invited to tour Community Federals Plymouth headquarters
where they received a comprehensive look at the credit unions
operations including presentations from Finance, Human Resources,
Marketing, Check Proof, Cash Floor and Lending departments.
The Northville High School branch is
the tenth school credit union operated by Community Federal, including
Amerman and Moraine Elementary schools in Northville.
"This high school program raises
the level of services and financial literacy education we can
provide to students who are soon moving on to higher education
and entering the workforce," said Natalie McLaughlin, Community
Federals Education Partnership Coordinator.
As part of opening day of the high
schools credit union, Community Federal presented a check
for $700 to the Northville Education Foundation to be used for
innovative projects including financial literacy. Accepting the
check on behalf of the Foundation was Linda Pallas, Assistant
Superintendent of Northville Public Schools.
Funds for the Foundation were raised
through the credit unions Community Shares program, an annual
campaign which provides donations that are tied to the credit
unions deposit growth.
Northville High School Principal Dennis
Colligan praised the efforts of the Community Federal partnership.
He said, "It links our school to the community and helps
our students understand how the community serves to make Northville
High School a better place in which to learn."
Headquartered in Plymouth, Mich., membership
in Community Federal is open to anyone who lives or works in Plymouth,
Canton, Northville, Novi, and the northern Michigan counties of
Otsego and Montmorency. With more than 34,000 members and total
assets of $270 million, Community Federal provides financial services
to members at six other branch locations and through a variety
of automated and online services. For more information, visit
the credit union web site at www.cfcu.org
or call (734)
453-1200 or (877) 937-2328, toll free.
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Photo Caption: Linda Pallas,
Northville Public Schools Assistant Superintendent, holds
a check for $700 presented to the Northville Education Foundation
by Community Federals Education Partnership Coordinator
Natalie McLaughlin. The presentation was part of grand opening
of Northville High Schools Student Credit Union. Opening
day branch managers behind the counter are from left to right:
Amanda LaRiche, Bree Hietala and Brian Hudson.
Community Federal Credit Union
734-453-1200, ext. 468
Margaux & Associates, LLC