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Oakland Technical Students Gain Financial Skills

AUBURN HILLS, MI (May 3, 2013) Students at Oakland Technical School in Auburn Hills had a chance to gain helpful financial insight from Genisys Credit Union representatives as part of the Michigan Credit Union League & Affiliates 10th Annual Financial Literacy Legislative Challenge.

This collaborative event is held each April in conjunction with Financial Literacy Month and Money Smart Week (April 20 – 27), and brings students and financial professionals together. It is a unique partnership which serves to build relationships and provide students with lifelong financial skills.  Anyone who lives in Michigan’s Lower Peninsula can open an account at Genisys Credit Union and take advantage of all that is offered to the youth.

“This is a wonderful experience for our local youth to learn the importance of financial literacy,” said Jackie Buchanan, President/CEO. “Hopefully our younger members will see the value and start adopting these helpful money management skills.”

Michigan’s credit unions are national leaders in youth financial education, reaching nearly 47,000 students during the 2011-2012 school year and organizing more than 375 student-run credit unions across the state – the most in the country.

“Financial education has never been more important,” said MCUL & Affiliates CEO David Adams. “School kids today are growing up in a time of record-high personal debt and foreclosures. Credit unions are committed to reversing that trend and bettering their communities, and one way we do that is by encouraging financial literacy. We’re proud to bring lawmakers into the classroom for the Financial Literacy Legislative Challenge as we work together to further that goal.”

April’s Financial Literacy Month included a variety of local workshops and programs that exposed students to investing/saving concepts, budgeting, credit/debit cards, purchasing a car and funding college.

Genisys Credit Union is a not-for-profit, member-owned financial institution that has been committed to helping its members financially since 1936. Based out of Auburn Hills, MI, Genisys is one of the largest credit unions in Michigan and one of the strongest in the country. We are proud to be making a difference in our communities, and we truly believe that Genisys is “where you come first”. Connect with us on Facebook and Twitter by following “GenisysCU”. For convenient access to your account, download our iPhone App in the iTunes Store and Android App in the Google Play Store. For more information or a calendar of events, visit us online at www.genisyscu.org.