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Virginia Credit Union Financial Education Efforts Reached Record 12,042 in 2012

Dec 27, 2012 by Lewis Wood

Virginia Credit Union provided financial education programs to 12,042 youth and adults in 2012. The credit union provided financial education programs in schools, workplaces, public libraries and its own facilities last year. The 12,042 figure is the most ever.

CONTACT:
Glenn Birch
Virginia Credit Union
(804) 560-5664
glenn.birch@vacu.org

(Richmond, VA, Dec. 27, 2012) – Virginia Credit Union provided financial education programs to 12,042 youth and adults in 2012.

The credit union provided financial education programs in schools, workplaces, public libraries and its own facilities last year. The 12,042 figure is the most ever.

“Virginia Credit Union offers financial seminars for its members and the community as part of its vision of helping people achieve greater success,” said Jane Watkins, president and CEO.

The credit union offered weeklong money camps for teens, an introduction to personal finance for college students at Virginia Commonwealth University, adult workshops in budgeting and reducing debt, as well as programs for first time homebuyers and using online banking tools.

Young people accounted for two-thirds of the participants. A curriculum developed by VACU Financial Education Director and former public school teacher Cherry Hedges covers the basics of budgeting, saving, borrowing, and what to know before making a major purchase, such as a car.

A member-owned financial cooperative with more than 220,000 members, Virginia Credit Union provides a variety of affordable banking services, loans and mortgages, checking and savings services, and financial education resources. Virginia Credit Union is federally insured by NCUA and is an equal housing opportunity lender. For more information, visit www.vacu.org.

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