Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Texas Trust CU donates 60K to schools via debit rewards program
MANSFIELD, Texas (4.26/12)--Texas Trust CU in Mansfield has donated more than $60,000 to four area school districts since August as part of its Spirit Debit Reward program.

The schools earn 15 cents every time a Spirit Debit Reward card is used to make a purchase. Thus far, cardholder transactions have exceeded 405,000 (LoneStar Leaguer April 25).

The program was launched last year as a way to help area schools that are facing tight budgets. Participating schools receive a check at the end of each month, based on the number of transactions swiped from their school-specific Debit Reward Card. Schools get to choose how to use the money they earn.

Within the four school districts that have a Texas Trust Spirit Debit Reward card, there are 11 high schools and two administrations participating.

"The money we earned from the Spirit Debit Reward Card allowed us to provide student planners, which would have otherwise been cut," said Tammy Mariani, principal at Cedar Hill High School. "Texas Trust has given us an easy way to raise money without requiring students to sell candy bars or wrapping paper."

The Spirit Debit Reward Card is part of Texas Trust's Spirit in Action campaign, which supports schools in several ways: a financial education curriculum for high school students; financial literacy workshops for students, teachers, administrators and the community; volunteers for school-related activities; financial donations; and student scholarships.

Credit union members can earn rewards for designated schools when opening a checking account or taking out an auto loan, personal loan, or mortgage. In 2011, Texas Trust donated more than $150,000 to participating schools, including $20,000 in student scholarships.


RSS print
News Now LiveWire
#Iowa Housing Authority honors #creditunion's mortgage commitment #NewsNow http://t.co/97me6ziPFa
7 hours ago
Adams to Zimmerman: Don't let your name define your financial decisions via @ndn http://t.co/kPVgQaDFNo
10 hours ago
Calif. ride-sharing law protects #creditunion collateral #NewsNow #System http://t.co/kXAAmbQgKO
11 hours ago
New offices mean moving sale at @TheKCUA https://t.co/xaof5SJkmE
12 hours ago
Existing-home sales slump in August as cash purchases decline @REALTORS
13 hours ago