SEATAC, Wash. (8/22/14)--A financial literacy program by Seattle Metropolitan CU (SMCU) has gained traction and attention for the benefits it is providing to an urban youth educational group.
As a volunteer for Year Up, an intensive one-year job training and educational program for 18- to 24-year-olds, Richard Romero saw an opening for financial education to become part of the curriculum (Anthem Aug. 19).
The CEO of the $601 million-asset credit union took that opportunity to the business development team of Doug Brisbon and Raina Troupe.
The team worked with the Year Up Puget Sound director to develop the four focus points of what would become "Financially Fit:"
"SMCU has provided numerous financial education events in the past," said Brisbon, "however we did not have one that was a perfect fit for the Year Up students, so we created 'Financially Fit' from the ground up."
More than 50 students and staff attended the first Financially Fit presentation at Year Up's office in Belltown.
"The 'Financially Fit' program has enabled us to augment our program offerings to include financial literacy," said Lisa Chin, executive director of Year Up Puget Sound. "SMCU supports our students as they work to not only begin their career, but to take steps toward a financially sound future."
The credit union is working on a three-part educational series that will coordinate with Year Up's yearlong program.
In fact, word of the success of "Financially Fit" is being spread by State Rep. Cindy Ryu (D-Shoreline). Ryu recently praised the program in an email to her fellow legislators, calling it "very practical and yet effective," Anthem noted.