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News Now

CU System
CU System briefs (06/02/2010)
* WALNUT CREEK, Calif. (6/3/10)--Pacific Service CU has donated funds to the Silicon Valley Education Foundation for use in a Stepping Up to Algebra program. The donated funds will provide 150 low-income eighth-grade Hispanic students with pre-algebra modules, plus classroom and student materials to help them prepare for and pass the California Standards Test in Algebra I. "We were surprised to learn that almost 60% of eighth graders do not pass the standardized Algebra I test," said Steve Punch, president of the credit union. "Over the years we have supported a variety of educational efforts within the Hispanic community in Silicon Valley. When we became aware of the need to improve math education, we focused on what we could do to help the community make a positive difference in score results," he added. Pacific Service CU, based in Walnut Creek, Calif., has more than $1 billion in assets ... * ST. LOUIS (6/3/10)--Vantage CU has launched Young & Free St. Louis and a search for a spokesperson for Generation Y members (ages 18 to
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25). Young & Free is a Web-based initiative to address financial needs of Gen Y. The spokesperson selected will be the voice of Gen Y for a year, attending regional events and keeping YoungFreeStLouis.com fresh with videos, blogs, and tips to educate, entertain and engage Gen Y-ers. Online voting will determine the successful applicant. The spokesperson will be paid during the year and provided with all the gear to do the job, including a MacBook Pro notebook, an HD video camera, an iPhone with a one-year paid contract and use of a Nissan cube, pictured here. Details are on the website. Applicants should include a 60-second video uploaded from YouTube, a blog post and a completed personal information form. Deadline for applications is at noon July 5. (Photo provided by Vantage CU) ... * RALEIGH, N.C. (6/3/10)--SECU Foundation, based in Raleigh, N.C.,
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has been named Humanitarian of the Year by the Association for Home and Hospice Care (AHHC) of North Carolina. The foundation, established in July 2004 and funded solely by members of State Employees' CU, provided grants for numerous hospice initiatives in the state, including projects in Caldwell, Cleveland, Forsyth, Iredell, Johnston, Rutherford, Surry, Wake and Wayne Counties. Pictured at AHHC's awards lunch and convention are, from left: Jane Miles, AHHC president, and Shirley Bell, SECU Foundation board chair. (Photo provided by SECU Foundation) ...


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