Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
GECU's Juntos Avanzamos Gala Provides School Supplies
FARMERS BRANCH and EL PASO, Texas (8/30/13)--
El Paso, Texas-based GECU received the Cornerstone Credit Union League's Juntos Avanzamos, or Together We Advance, designation Wednesday. Presenting the Juntos Avanzamos Flag is League President/CEO Dick Ensweiler.
El Paso, Texas-based GECU held its Juntos Avanzamos flag-raising ceremony--designating its commitment to serving Hispanics--Wednesday with some special guests: 36 students from Sageland Elementary School, who heard how important a credit union can be to achieving their dreams and received school supplies.
Roughly 99% of the school's students are Hispanic, and of those, 85% are social-economically disadvantaged, said the Cornerstone Credit Union League (Leaguer Aug. 29).  Each student received two bags full of back-to-school supplies.
GECU President/CEO Crystal Long said earning the Juntos Avanzamos, or Together We Advance, designation is important because it lets the community know that the credit union is committed to meeting its needs.
Students from Sageland Elementary School attended GECU's Juntos Avanzamos flag-raising ceremony in El Paso, Texas.  Each picked up two bags of back-to-school supplies at the event. Roughly 99% of the school's students are Hispanic and 85% of these students are social-economically disadvantaged. (Photos provided by the Cornerstone Credit Union League)
The credit union has met the needs of lifetime member Erich Morales. "I learned how important a credit union relationship is from my father," he told the gathering. Morales opened his first account at GECU when he was the age of some of Sageland's students. "I earned $5 for each lawn I mowed, and I would keep $2.50 and deposit the other $2.50 in my GECU savings account," he told them.
As he grew older, he saved more and began borrowing. Morales was the first in his family to go to college, he said, thanking the credit union for helping him achieve that dream.  "I was able to go to college partly because of my savings and partly because of the student loans I was able to receive from the credit union. Had it not been for the credit union, I may not have been able to go to college, and if I hadn't been able to go to college, I would not have been able to go to law school."

The credit union was with him every step of the way, he said, adding it also financed cars and houses. He also received one of the credit union's first business loans.
The event was covered by Univision,  KFox 14 News, and local Spanish newspaper, El Diario. In addition to distributing school supplies to the students, GECU also has distributed thousands of school supplies at several of its branches throughout the city. It also offered free back-to-school immunizations.
Other Resources

El Poder se Tuyo

News Now LiveWire
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
5 hours ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
1 day ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
1 day ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
1 day ago
You can get your subscription to @cuna 's free, daily, online #creditunion #news service News Now here:
1 day ago