Rockford Community Federal Credit Union (RCFCU) just finished their ninth year of facilitating student-run credit unions in the Rockford area schools. RCFCU would like to say thank you to all the volunteer Student Run Credit Union employees in the 2011-2012 school year. The 65 student employees helped their peers save $5,300 by processing over 700 transactions!
Belmont Elementary, Assumption of the Blessed Virgin Mary and Our Lady of Consolation schools participated this year. RCFCU enjoys partnering with the local schools to help students be more dedicated to financial literacy.
“I enjoy helping students understand more about the importance of saving and budgeting their money. They don’t always need to spend, spend, spend!” said Josh Fortuna, Student Run Credit Union facilitator.
A program like the Student Run Credit Union allows students to be taught real life skills of financial banking in a safe and secure school environment.