First Commonwealth Federal Credit Union announces financial literacy partnership with the Allentown School District
ALLENTOWN, PA (June 2, 2023) — Reaffirming its commitment to strengthening and investing in its communities, First Commonwealth Federal Credit Union is proud to announce a new partnership with Raub Middle School and the Allentown School District to support students on a path to financial literacy.
Through its WeThrive Foundation, First Commonwealth FCU committed $100,000 over three years to Raub Middle School to be used to provide financial education to 8th grade students and their families. “The partnership with Raub Middle School is driven by their alignment with our purpose. First Commonwealth’s mission ‘to empower the pursuit of financial happiness’ provides us with a unique opportunity to support students, family, and staff with access to Financial Wellness resources and affordable products and services,” said James Gagliano, Chief Experience Officer for First Commonwealth & Executive Sponsor of its WeThrive Foundation.
Additionally, funding from First Commonwealth will provide financial support for reading incentives, after-school programming, funding for the school store, and support of student events such as the 8th grade dance and 8th grade graduation.
“It is truly a privilege to be positioned to give back in such a significant way – a three-year commitment of time, staff, and resources. At First Commonwealth, we have over 50 certified Financial Wellness Counselors who will offer personalized financial wellness workshops and will be at-the-ready to support the Raub community through this impactful initiative,” said Donna LoStocco, President & CEO of First Commonwealth.
“The Raub Raven Learning Community is super excited to establish this new partnership with First Commonwealth Federal Credit Union,” said Jose Delgado, Raub Middle School Principal. “The three-year commitment, will allow us to build on the strengths of our community and continue to foster a nurturing and welcoming environment. We extend a heartfelt thank you to all involved in initiating, developing and cultivating this opportunity for students and their families. We are one team and one Allentown.”
Through the focus of its Corporate Social Responsibility teams and WeThrive Foundation, First Commonwealth strives to do the most good for the most people, enhance quality of life through financial empowerment and help strengthen diverse and inclusive communities. To learn more about the areas of focus and look at all the ways these teams have made a positive impact, please visit firstcomcu.org/doingGOOD
First Commonwealth FCU & Allentown SD Announce Financial Literacy Partnership
First Commonwealth FCU Check Presentation to Raub Middle School
About First Commonwealth Federal Credit Union
First Commonwealth, headquartered in Allentown, PA, is one of the most accomplished and preeminent credit unions serving Lehigh, Northampton, and Carbon Counties in PA, and Warren County, NJ. With 12 locations and a top-tier digital banking experience, it serves 81,000 members and 2,400 companies. Since 1959, First Commonwealth has prioritized growth, innovation, technology, and friendly service. First Commonwealth has 235+ employees and over $1.2 billion in assets, operating as a member-owned, not-for-profit financial cooperative embodying purpose-driven values.
About Raub Middle School/Allentown School District
Francis D. Raub Middle School is one of 4 middle schools located in the city of Allentown. The richness of The Allentown School District’s diversity is strengthened by its central role in educating our students for America’s future through academic excellence and celebrating the culturally responsive, athletic and artistic range of talent in the schools. The Allentown School District serves approximately 16,100 students in Grades K-12, across 25 schools. The District’s Mission states that each and every student will graduate college and career ready by having their individual needs met through active engagement in a rigorous, safe and nurturing learning environment. Our core values reflect a commitment to excellence, partnership and equity. The Allentown School District employs approximately 2,400 teachers, staff and administrators. Founded in 1866, ASD serves students from 51 countries speaking 26 languages with nearly 90 percent household qualifying as low income. www.allentownsd.org
