PLYMOUTH, Mich. - (03/24/05) -- Community Financial CU said itopened its 21st student-run branch last month in Hillsdale MiddleSchool in Northville. The $320 million credit union has adopted theeducation field as its main cause. The credit union has dedicatedthree full-time employees to monitoring and maintaining itsfar-fledged efforts to cultivate financial education among thearea's youths and also conducts in-school seminars and financialeducation classes, runs youth clubs for pre-teens and teenagers,awards annual scholarships, and provides funding for localeducation programs. Community Financial CU was founded in 1952 asDaisy Air Rifle Employees FCU to serve manufacturers of thenation's BB guns and converted to a community charter in1961.
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Jamie Dimon said the revised Basel III plan still overstates risk and penalizes the largest banks.
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