Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Greylock FCU forms youth advisory board
PITTSFIELD, Mass. (4/27/09)--Greylock FCU, Pittsfield, Mass., has assembled a Youth Advisory Board to help the credit union create products and services that will help youth better their savings habits. The group comprises 16 students from schools ages 13 to 18. The youth board members were selected through an application process. While the credit union hopes to gain insight from the board to help it promote financial literacy, it also seeks to educate the board members about banking (Berkshire Eagle April 21). The board’s first project will be to help Greylock communicate its financial literacy program, Fusion, which was created for young adults. The Fusion program offers college funding information, a subscription to a teen financial magazine, a financial literacy brochure, and a college savings share certificate, the newspaper said. The board’s first meeting, April 20, consisted of a discussion about credit scores with Greylock Loan Officer Darrell M. Colvin. Michael E. Fazio, senior vice president and financial adviser, also talked to the group. Greylock has been creating youth financial programs for five years, after finding that there is a “significant” lack of financial literacy among adults, John Bissell, Greylock senior vice president of marketing and administration told the paper. Greylock has $1.1 billion in assets.
Other Resources

RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
1 Day ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
1 Day ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
1 Day ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
1 Day ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
1 Day ago