Page 13 - MCUL: 2020 CU Impact Report
P. 13

SPRING 2020                                                                    CREDIT UNION IMPACT REPORT  13














               i.   CLASSROOM EDUCATION                           j.    SUPPORT FOR
                    READING PROGRAM                                     SPECIALIZED SERVICES
                    Mid-Michigan-based Journey Federal                  Michigan Legacy Credit Union, located in
                    Credit Union has used its grant to fund             Detroit’s metro area, provided support for
                    a third-grade reading program with                  a program bringing specialized financial
                    financial education books and credit                services and education, including elder
                    union classroom education.                          abuse awareness, to underserved areas.




                                                                  k.    HOME BUYING SEMINAR
                                                                        Muskegon Co-op Federal Credit Union
                                                                        used the grant to create a new seminar
                                                                        to educate the community on the home
                                                                        buying process.



                                                                  l.    EMPLOYEE RETENTION AND
                                                                        EMERGENCY LOANS PROGRAM
                                              b                         Northland Area Federal Credit Union,
                                                                        servicing northeast Michigan, is
                                                                        partnering with Michigan Works! and
               a                                                        is using its grant to support employee
                                                                        retention and financial health with
                                                                        financial education and emergency loans.
                                               l

                                                                  m.    AUTO LOAN AND
                                                                        COUNSELING PROGRAM
                                                                        People Driven Credit Union, in Southfield,
  g k                                                                   funded a new auto loan program that
                                                                        includes financial education and one-on-
                                                                        one counseling.

                             i
                                            e
                             d h                                  n.    YOUNG ADULT CAMP
                                                                        Romulus-based Public Service Credit
                                                   m                    Union put its grant funds towards a camp
                     c                                                  for young adults built to strengthen
                                f o                  j                  financial and career education.
                                                n


                                                                  o.    ERASING MEDICAL DEBT
                                                                        The SoMi Chapter of Credit Unions
                                                                        used grant money to help erase the
                                                                        medical debt in collections for financially
                                                                        struggling community members.
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