Students Are This CU's Cause
PLYMOUTH, Mich. - (11/24/04) -- Officials of Community Financial CUpresented a $700 check to the Northville Education Foundation tomark the opening of its new student branch at the local elementaryschool, the credit union's 20th in-school branch. The 53-year-oldcredit union, chartered as Daisy Air Rifle Employees FCU to servemanufacturers of the nation's BB guns, has adopted the educationfield as its main cause. "We kind of chose education as our petservice," Susan O'Connor, a spokesman for the $300 million creditunion, told The Credit Union Journal. The credit union, convertedto a community charter in 1961, has dedicated three full-timeemployees to monitoring and maintaining its far-fledged efforts tocultivate financial education among the area's youths. Besideoperating the student branches, it also conducts in-school seminarsand financial education classes, runs youth clubs for pre-teens andteenagers, awards annual scholarships, and provides funding forlocal education programs. "We were rally doing this beforefinancial literacy became the buzzword," said O'Connor.