Page 15 - Michigan Credit Union League: 2018 CRI Report
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4.7% UNEMPLOYMENT 2018 Community Reinvestment Report
in Michigan
Partnering with community organizations to
train today’s future for tomorrow’s employment
is one of the ways credit unions help the state’s
unemployment rate sit below the Congressional
Budget Office’s estimated natural rate of 4.75%.
p
Training the Next Generation: Michigan’s Skilled Trades
Last year, the Michigan Credit There are thousands of current highly qualified graduates with
Union Foundation (MCUF) award- and future high-paying skilled not just a job, but a career in the
ed 24 Community Reinvestment trade jobs available, and this grant high-demand skilled trades field.
Grants totaling $110,000. One will provide students in these We were very pleased to receive
of those went to Saginaw-based three counties an opportunity to an MCUF Community Reinvest-
Team One Credit Union, who used pursue these career paths. Addi- ment Grant and be able to match
their grant to partner with the tionally, filling these high-demand the grant funds to provide this
Greater Michigan Construction positions will build stronger program in Genesee, Tuscola and
Academy (GMCA). Leveraging the communities in Michigan, both Sanilac counties. We recognize that
MCUF grant to increase impact, now and for years to come. building stronger communities is
a total of $20,000 in support has directly related to providing strong
been provided to increase training “Being a credit union founded by employment opportunities and,
for skilled trades in high demand. educators and also recognizing the once trained, students completing
shortage of qualified skilled trade the program will be well suited
This grant specifically targets workers throughout the state, a to fill the thousands of current
training for high school juniors partnership with GMCA just made and future skilled trade jobs avail-
and seniors interested in skilled sense,” said Team One Credit Union able in Michigan.”
trades in Genesee, Tuscola and President and CEO Gerald Hutto.
Sanilac counties through GMCA’s
nationally certified pre-appren- “In all of the communities that
ticeship program. Students will we represent, there is a strong
receive training in electrical, HVAC, need for good-paying job oppor-
welding, carpentry, plumbing, STEM tunities,” continued Hutto. “The
training, financial literacy and program offered by GMCA has a
budgeting. great reputation for providing
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