Orange County Teachers Distributes $338K To Schools

Register now

Orange County Teachers FCU said it has distributed $338,338 to local schools through its "Step Up for Education" program. The program is aimed at providing extra funds to cash-strapped schools. Earlier this year, OCTFCU kicked-off the Step Up for Education program with $250,000 and challenged Orange County businesses to also contribute, promising to match all donations dollar-for-dollar. At the conclusion of the program, OCTFCU had donated $294,403, with another $43,935 coming from local businesses. The $4-billion credit union has also been helping out with special products and services to help educators affected by reduced budgets, along with interest-free COBRA Health Insurance loans, interest-free classroom supply loans, deferred loan and credit card payments, and workshops focusing on job search skills.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER