Apple FCU Celebrates the Grand Opening of its 30th Student-Run Credit Union
Dave Gorham, Director of Education Programs
Fairfax, VA – Apple Federal Credit Union celebrated the grand opening of its 30th Student-Run Credit Union (SRCU) on April 12, 2012 at Manassas Park High School in Prince William County, Virginia. The event commemorated the revolution and inspiration of the Student Run Credit Union concept and newly formed partnership between Apple Federal Credit Union Education Foundation and the Manassas Park City School system.
Early on, Apple FCU realized that a valuable tool for financial education and financial literacy is for students to take ownership of and manage their own accounts. From this theory, Apple designed SRCU’s to help students make sound financial decisions.
“We are always looking for ways to help improve financial literacy within the community. Our relationship with Manassas Park City Schools is important to us and Apple’s staff works hard to support its teachers and students. We are excited to have the opportunity to help enrich the lives of Manassas Park students with our Student Run Credit Union program,” said Apple Federal Credit Union President/CEO Larry Kelly.
The Manassas Park High School SRCU program will be managed by Branch Liaisons, Christy Reavis and Doug West along with nearly 15 student employees who will operate its daily activities. “We are very proud of the excitement our students feel for this program,” commented Principal of Manassas Park High School Eric Doyle.
Over 30 credit union representatives, school officials, educators and students were onsite to support Manassas Park City School Superintendent Doctor Bruce McDade and Apple President/CEO Larry Kelly as they cut the ribbon before the Manassas Park High School SRCU opened for business.
As of today, Apple Federal Credit Union has 30 Student-Run Credit Unions spanning five counties in Northern Virginia and, over the past 16 years, opened over 12,000 accounts at local high schools.
Apple Federal Credit Union’s Mission:
Through a lifelong partnership with anyone touched by education, Apple FCU helps members achieve their dreams by offering competitive financial solutions, with dedicated personal service. Apple exists, not for profit, but for the benefit of its members.