Local Schools Cheer for Texas Trust Card Swipes
Card swiping leads to $60,000
MANSFIELD, Texas – April 24, 2012 – Assisting cash-strapped schools, Texas Trust has donated more than $60,000 to four area school districts since August 2011 as part of its Spirit Debit Reward program. The schools earn 15 cents every time a Spirit Debit Reward card is used to make a purchase. Cardholder transactions have exceeded 405,000 so far.
The Spirit Debit Reward program was launched last year as a way to help area schools that are facing tight budgets. Participating schools receive a check at the end of each month, based on the number of transactions swiped from their school-specific Debit Reward Card. Schools get to choose how to use the money they earn.
Within the four school districts that have a Texas Trust Spirit Debit Reward card, there are 11 high schools and two administrations participating. Grand Prairie ISD has earned $22,866 to date, Mansfield ISD $16,675, Cedar Hill ISD $15,643 and Athens ISD $5,855.
“The money we earned from the Spirit Debit Reward Card allowed us to provide student planners, which would have otherwise been cut,” said Tammy Mariani, Principal at Cedar Hill High School. “Texas Trust has given us an easy way to raise money without requiring students to sell candy bars or wrapping paper.”
The Spirit Debit Reward Card is part of Texas Trust’s Spirit in Action campaign, which supports schools in several ways: a financial education curriculum for high school students: financial literacy workshops for students, teachers, administrators and the community; volunteers for school-related activities; financial donations; and student scholarships. Credit union members can earn rewards for designated schools when opening a checking account or taking out an auto loan, personal loan, or mortgage. In 2011, Texas Trust donated a total of more than $150,000 to participating schools, including $20,000 in student scholarships.
Cardholders and schools can track how much money is being raised from the Spirit Debit Reward Card for their designated school on the Spirit Rewards Meter at www.ourspiritinaction.com.
About Texas Trust Credit Union
Texas Trust is one of the largest credit unions in North Texas and the 21st largest in Texas. It has been operating for more than 75 years. As a full-service financial institution, Texas Trust offers checking, savings, mortgages, credit cards, CDs, Money Market accounts, IRAs, and investment and insurance services. Its business services include SBA and conventional loans, electronic payment cards, checking and money market accounts, merchant card processing, online banking, insurance, and the Employee Solutions Network. With 58,000 members and assets of more than $726 million, Texas Trust operates in Dallas, Tarrant, and Henderson counties, as well as parts of Ellis and Johnson counties. Texas Trust has eight branches located in Mansfield, Grand Prairie, Arlington, Cedar Hill, and Athens. For more information, visit www.TexasTrustCU.org. Texas Trust is a federally insured financial institution. Deposits up to $250,000 are insured by the full faith of the federal government through the National Credit Union Administration (NCUA).