Calif. CU Seeks To Help As School Budgets Cut
Orange County Teachers FCU last week said it has set a goal of raising $1 million for local schools to help
Rudy Hanley, OCTFCU's president and CEO, told The Credit Union Journal the credit union will also make interest-free loans
Overall, Orange County Teachers FCU said it has committed more than $1 million in cash and products-$500,000 in cash directly
"It is a big program from our side, but when you take a look at the impact of the budget shortfall, unfortunately, it is just a drop in
"A program like this creates goodwill that, I think, the entire membership benefits from," he added.
OCTFCU began the "Step Up For Education" fundraising drive May 12 by presenting a $250,000 check to William Habermehl,
"There are thousands of businesses in the county, and we all benefit from the educational system here," he said. "If we just get 100
All teachers and school employees in the county are eligible to join OCTFCU. Any member who loses his or her job will be able
The credit union also will provide workshops on how to interview, how to write a resume, as well as counseling on whether to
Hanley said if a teacher or other school employee is not a member at the time he or she loses his or her job, the credit union would
OCTFCU is the largest education-based credit union in the United States. It has 275,000 members and $4 billion in assets.