LIVONIA, Mich., (1/22/15)--Credit unions in Michigan are providing support to students of all ages through several programs.
In East Lansing, Michigan State FCU, with $2.6 billion in assets, has introduced a new college savings and education program called Student Accounts Valuing Education. MSUFCU donated $5 in a savings account to 357 students from five elementary schools to go towards a college education (Lansing State Journal Jan. 16).
Detroit Cristo Rey High School reported that 100% of its graduating class has been accepted to attend college, the Michigan Credit Union League (MCUL) reported (Monitor Jan. 21). Several credit unions are serving as partners of Detroit Cristo Rey High School.
MCUL has sponsored two students this year through the school's unique work-study program. Tuition at the school is $12,000 per year, but partners pay $7,000 of that through the work-study program.
Credit unions participating in the program include:
Honor CU is using an innovative idea to help create buzz about its "on-the-go" products while helping lucky schools win money for their classrooms, MCUL reported (Monitor Jan. 19).
Students create and submit 30- to 60-second videos showcasing Honor CU's "on-the-go" products and services. The creators of the winning video will receive $3,000 for their school; the creators of the second-place video receive $1,000 for their school.
The first-place winning video will be showcased in Honor CU's advertising. The second-place winner will be featured on Honor CU's YouTube Channel.
Genisys CU received the 2014 Communitas Community Partnership Award for helping children in the Detroit Metro area learn to read, MCUL reported. The award is an international effort to recognize businesses working to better their communities. The accolade is given through the Association of Marketing and Communication Professionals.
Genisys CU, Auburn Hills, with $1.6 billion in assets, teamed up with the Oakland County Parks and Recreation Department to sponsor the Reading Ranger program. All Oakland County elementary students were asked to set a reading goal. Two hundred seventy-five schools and more than 22,000 students participated and reached their goals. The students who met their goals earned a waterpark ticket.