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CU System
CUNAs back-to-school advice featured in nations media
MADISON, Wis. (8/3/10)--The Credit Union National Association (CUNA) provided some back-to-school money-saving tips for families to The Associated Press and CNBC.com Thursday. Phil Heckman, CUNA director of youth programs, suggested that parents allow their children to buy something extra for school with money left over after parents have bought school supply necessities. Some children may want to buy multiple items of clothing, but parents need to determine what their children really need--and prepare a list before heading to the store, the article said. The AP story also was picked up by several media outlets, including The Shreveport Times, Telegram.com, WSLS 10, The Northwestern, The Tuscaloosa News, Lubbock Online, and The Post and Courier. Other media noted the ways credit unions are helping students:
* Campus FCU, Baton Rouge, La., offers college students credit cards with low interest rates. Campus, which serves students at Louisiana State University, offers students free checking accounts that are linked to their student identification cards with online checking and bill pay (Walletpop.com Aug. 2). * Northern Star CU, Portsmouth, Va., received a Creating Excellence Award from Virginia’s education department for providing financial services to students at two local high schools through an in-school credit union branch. The credit union partnered with Portsmouth Schools to offer the services as a way to teach teens about saving. About 45 students and 18 school employees are members of the credit union (The Virginian-Pilot and Ledger-Star Aug. 1). Northern Star also awarded $1,000 college scholarships to several high school graduates.
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