September 24, 2024 _ Redstone Federal Credit Union and the University of Alabama in Huntsville (UAH) marked five successful years of partnership and student achievement on Tuesday, Sept. 24, from 11 a.m. to 1 p.m. at the UAH Charger Union (4705 Holmes Avenue, Huntsville, AL 35899).
The UAH branch, primarily staffed by UAH students, offers valuable services and convenience to the university’s students, faculty and staff. Alongside providing work experience and career opportunities, the branch’s affinity debit card has generated $23,240 in revenue for the university since its launch. Each time a member uses the UAH-linked debit card, Redstone contributes money back to the university.
“I am excited to celebrate this partnership with UAH. This collaboration shows our commitment to investing in our community and shaping our community’s financial literacy,” said Joe Newberry, Redstone’s President and CEO.
The branch is part of Redstone’s Schools Programs, which offer high school and college students practical work experience at credit union branches on their campuses, while helping them develop essential soft skills for effective interaction.
Lawanda Coney, branch manager of UAH, says, “It’s truly an honor being a part of a program that has impacted the financial lives of so many students. Continuing financial innovations while educating young adults will be the key to our future generations’ success.”
About Redstone Federal Credit Union
With more than $7.72 billion in assets, Redstone Federal Credit Union is the largest member-owned financial institution in Alabama and one of the largest federal credit unions in the nation by assets. Redstone is based in Huntsville, Alabama, and serves more than 809,800 members nationwide.
Chartered on November 28, 1951, Redstone Federal Credit Union has proudly served its members for 70 years and has 27 conveniently located branches across North Alabama and Tennessee.
Redstone Federal Credit Union provides a level of service that is not generally available at other financial institutions through its philosophy of – People Helping People. www.redfcu.org
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