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Michigan Credit Union League

In Brief...

Catholic Vantage Financial Makes Saving Fun for Kids

Young members, ages 17 and under, of Catholic Vantage Financial (CVF) in Plymouth like the fact that their youth savings accounts at the credit union come with extra perks.

Each summer young members and their parents are invited to a free bowling event. In July, more than 50 people enjoyed free bowling, pizza, prize drawings, and giveaways at Woodland Lanes Bowling in Livonia.

“Along with helping young members save and budget their money, we want them to have fun and know that the credit union is like an extension of their family,” said Emma Teller, CVF vice president of marketing and business development. “We’re here to help them succeed every step of the way.”

Now through the end of August, kids who visit CVF branches to make a deposit into youth savings accounts are eligible to participate in a “guessing jar” competition. One jar is for kids, ages 3-10 years old, and the other is for youth, ages 11-17. Each time they make a deposit, they receive a form to guess the amount of money in the jar.

Best guess winners will be announced in September and receive the jars of money.

To encourage parents not to wait until school starts to have their children sign up for youth accounts, CVF is depositing the first $5 into all new youth savings accounts that are opened by Aug. 31.

Teller also shared that financial literacy for youth doesn’t stop at 17. On Aug. 3, CVF will host a College Financial Prep Workshop 101 to help students with budgeting and financial tips for college. This free event, that includes free pizza and pop, will be held from 6:30-7:30 p.m. at the credit union’s Plymouth branch, located at 8817 Sheldon Road, at the northwest corner of Sheldon and Joy Roads. To sign up, email (memberservice@mycvf.org) or call 734-432-0212.

 

Riverview Community Federal Credit Union Welcomes New Chief Executive Officer

Riverview Community Federal Credit Union is pleased to welcome Mark Fisher as their new CEO. Mark comes to them from Fifth Third bank where he was a financial center manager. He has a multitude of experience in the financial industry including job titles such as a market manager and mortgage loan originator. Mark has a bachelor's degree in business administration from Walsh College, with a major in finance. 

 

Genisys Credit Union Ranked in Top 200 Healthiest Credit Unions in America

Genisys Credit Union in Auburn Hills has been ranked one of the healthiest credit unions in the nation by DepositAccounts.com.

For the second consecutive year, Genisys CU has been recognized among America’s 6,003 federally insured credit unions. DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking/savings information for consumers. This award recognizes credit unions who have shown exceptional fiduciary responsibility. Each institution is graded on a number of factors–including capitalization, deposit growth and loan to reserve ratios--in order to determine a comprehensive health score.

“We are proud to receive this recognition from DepositAccounts,” said Jackie Buchanan, Genisys CU President and CEO. “We are dedicated to providing our members with great products and services to help them achieve their financial goals. Maintaining a sound financial foundation is a critical element in meeting our members’ needs."

 

Alpena Alcona Area Credit Union Partners with Alpena Farmers Market to Hold a Locavore Dinner

Alpena Alcona Area Credit Union (AAACU) has partnered with the Alpena Farmers Market to hold a Locavore Dinner with the theme buy local, eat local, borrow local.

Local chef Ben Kline will be cooking for the event preparing dishes consisting of foods grown and produced within a 100 mile radius.

The dinner will be held at the Aplex event center on Thursday, Aug. 25, starting at 6:30 p.m. Tickets can be purchased at the Alpena Farmers Market as well as at AAACU’s main office, Alpena Branch office, and Ossineke office. With each ticket purchase, you will enjoy a freshly made meal, live band, and vendor presentations. Each ticket also includes one complimentary drink. There will be a selection of beverages from Austin Brothers Brewery, Stoney Acres Winery and Thunder Bay Winery. Throughout the dinner a live and silent auction will also be taking place with all proceeds benefiting the Alpena Farmers Market and their future endeavors in promoting a healthy community.

 

Alpena Alcona Area Credit Union Lincoln Branch Adopts a Highway

Alpena Alcona Area Credit Union staff from our Lincoln branch are doing their part to help keep their community clean.

The Lincoln staff have adopted a three-mile stretch along US 23 with the Adopt-A-Highway program. The team will head out in the spring, summer, and fall over the next two years to clean up their section of highway.

Team members from the Lincoln branch are always looking for ways to get involved in their community and when the suggestion came up they knew this would be a great opportunity. The team took action right away and applied with MDOT to secure this portion of US 23.

The staff collected fifteen bags on their first night out and branch manager, Lorna Dellar stated, “It was a dirty job, but we had so much fun. So many people were honking their horns, and we even had one person stop and say ‘thank you’.”

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2016-08-15 00:00:00