More than 100,000 Youth Take Part in National CU Week 

CU Name Actual Deposits Youth Depositors New Youth Accounts
AAC CU $12,104.26 148    54
Calcite CU $6,902.05 79    14
Dow Chemical Employees CU $248,408.00 1,091 10
First Community FCU $20,000.00 1,200 60
Generations Family FCU $1,252.00 22 3
Good Shepherd CU $62,642.09 509 24
HarborLight CU $16,825.68 162 13
Manistique FCU $1,675.00 95 15
Marshall Community CU $37,201.81 525 6
Portland FCU $18,487.12 132 12
Rivers Edge Community CU $10,933.30 43 4
Service 1 FCU $9,624.94 142 4
Shore To Shore Community FCU $3,679.48 16 5
Soo Co-Op CU $6,531.51 121 17
Thornapple Valley Community CU $678.00 46 8
TruNorth FCU $6,146.39 181 9
United Educational CU $49,742.29 771 61
United Financial CU $55,404.80 233 16
Wanigas CU $58,290.61 298 12
Totals    626,529.33
5,814 347
       

During April, a combined 117,244 youth ’stached their cash at a credit union across the country. Young saving sleuths—drawn in by neon colors, a fun detective theme, and activities galore—deposited a collective $25.2 million with the 224 credit unions participating in this year’s National Youth Saving Challenge™—an average of $214 per child.

In 2009, the Saving Challenge expanded beyond National CU Youth Week™ to run the entire month of April. Credit union staff told CUNA that a week just wasn’t long enough for them. This year, more than half (60%) of the participating credit unions ran the challenge for the entire month—giving them more time to open 6,173 new youth accounts.

In Michigan, 20 credit unions shared their participation with CUNA. Youth in Michigan opened, 5,814 accounts, 347 of them new, saving $626,529 in the process.


 

 

 

 

 

 


Submissions to Monitor may be emailed. Bryan Laviolette is the editor of Monitor. Contact him by email or call (800) 262-6285, ext. 233. The newsletter of the Michigan Credit Union League is published Monday mornings or Tuesday mornings when Monday is a holiday. There is no Monitor the week after Christmas and the week after the Annual Convention and Exposition. The MCUL reserves the right to edit submissions for clarity and space.
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