Federal Opens First Credit Union for Middle School Students in Plymouth-Canton
MI (Apr. 30, 2002)
Community Federal Credit Union recently opened its first
student credit union for middle schoolers at East Middle School
in the Plymouth-Canton School District. A grand opening ceremony
was held at the student-run credit union during the April 14-20
celebration of National Credit Union Youth Week.
7th grade students from East Middle Schools Life
Management class are employees of the school credit union.
Wren, Life Management teacher and program coordinator, says, "The
credit union has brought reality to my students. Our curriculum
covers employability, money management and personal financeall
topics that directly relate to the credit union operation."
Federal started its student credit union program for elementary
schools in 1990 through a business partnership with the Northville
McLaughlin, Community Federals business partnership coordinator,
explains, "We are excited to extend our program from the elementary
level to middle school as a way to continue to support our members
with their financial education." She notes that in addition
to East Middle School, Community Federals program now includes
eight elementary schools with 180 student employees and nearly 800
partnership objectives encourage the practical use of math skills,
developing career awareness and employability skills along with
increasing students knowledge of transactions and the uses
of technology within the financial services industry.
the past several years Community Federal has received several awards
for its education partnerships and community involvement.
more than 34,000 members and total assets exceeding $254 million,
Community Federal Credit Union is headquartered in Plymouth, Michigan.
Its membership is open to anyone who lives or works in the communities
of Plymouth, Canton, Northville and Novi, and in Otsego and Montmorency
more information, visit the credit union web site at www.cfcu.org
453-1200 or (877) 937-2328, toll free.
caption: Operating Community Federals East Middle School
student credit union are (from left to right) Lisa Wieczorek,
Madeline Walters, parent helper Jill Quinlan and Chelsea Quinlan
helping student members Kyle Broderick and Tony McLaughlin make
Community Federal Credit Union
734-453-1200, ext. 468
Margaux & Associates, LLC