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Youth Financial Advisory Board shares input on financial services for young adults!
YORK, PA (April 24, 2015) — On Tuesday, April 21, 2015, First Capital Federal Credit Union’s Youth Financial Advisory Board (YFAB) held its last meeting for the 2014-2015 school year. During the four sessions held over the course of the last several months, York County high school students worked with members of the First Capital FCU NextGen committee, an internal committee that works to provide financial products and activities for children and young adults, to explore the various products and services that appeal to them.
“This feedback is essential in order to help First Capital continue to offer stellar programs for children and young adults,” said Lisa Barshinger, YFAB Coordinator. “Our youth is our future and we must offer them products and services that will meet their needs.”
Fourteen juniors and seniors participated in all 4 sessions. During the sessions, they offered us insight on what they look for when it comes to scholarship applications. Because of this feedback, First Capital changed its scholarship format from written essay to video essay. Students also provided us information on things they want or expect from their financial institution. But, this was also a learning process for them! Many students did not know the difference between credit unions and banks. First Capital discussed these things as well as what students need to know to have a successful financial future.
Each session was fun and informative! We provided them dinner and after the discussion they took part in a fun activity – tubing at Avalanche Express, bowling and laser tag at Laser Alleys, and watching a York Revolution baseball game.
During the last session, parents and teachers were invited to join the students for a wrap up session and the announcement of our two scholarship winners. The students were asked to submit video commercials to enter the scholarship contest. We awarded two $500 scholarships to: Lindsey Ellis, a Dallastown High School senior and Katie Mummert, a Christian School of York junior.
We are currently accepting applications from York County High School juniors and seniors for the 2015 – 2016 YFAB sessions. Please contact Lisa Barshinger at 717.747.6393 or by email at lisab@firstcapitalfcu.com for more information.
First Capital Federal Credit Union is a $164 million asset-size credit union with nearly 18,000 members based in York, PA. Founded in 1954 as S. Morgan Smith Credit Union, First Capital has merged and grown, and continues to work closely with more than 400 companies and organizations throughout York County and across the country.
Photos (l to r):
020 – Katie Mummert & Lindsey Ellis, YFAB scholarship winners
013 – Final YFAB meeting of students and parents