TAMPA, Fla. (July 22, 2024) — USF Federal Credit Union (USF FCU) is proud to announce its pivotal role in the development of a national credit union-focused case study in partnership with Velera (formerly PSCU/Co-op Solutions) and 3DE by Junior Achievement (JA). This innovative educational initiative aims to embed financial literacy into the curriculum of high schools nationwide, enhancing students’ understanding of credit unions and their impact on the community.
USF FCU, a long-time partner of Velera, was invited to join the planning committee for this groundbreaking project along with 14 other credit unions in six states. The credit union contributed its expertise and resources to help shape the case study, ensuring it would be a valuable addition to the 3DE curriculum. This collaboration is bolstered by USF FCU’s tradition of volunteerism and community involvement, with employees actively supporting JA throughout the year.
“USF FCU’s participation in developing this case study reflects our unwavering dedication to financial education and youth empowerment,” said Richard “Rick” Skaggs, CEO of USF FCU. “We are honored to be part of an initiative that will reach approximately 66,000 students in the 2024/2025 school year, with the potential to expand to 105 schools by 2026. This effort aligns perfectly with our mission and allows us to make a significant impact on a national scale.”
Supporting USF FCU’s commitment to financial well-being, the case study will help students to learn about credit unions and financial literacy by providing practical insights into the value of credit unions and the cooperative difference. It emphasizes the importance of financial responsibility, equipping students with essential knowledge to make informed financial decisions. Through the case study, students will complete an assignment to create a presentation, deepening their understanding of financial concepts and the role of credit unions in promoting financial well-being.
“Through our collaboration with Velera and 3DE by Junior Achievement, we aim to amplify financial education efforts and inspire the next generation of financially savvy individuals,” added Skaggs. “This partnership demonstrates the core values of credit unions and highlights the positive impact they have on communities.”
For more information about USF FCU, visit usffcu.com.
About USF Federal Credit Union
USF Federal Credit Union offers a full range of financial services to the faculty, staff, students, alumni association members, and families of the University of South Florida. USF FCU serves more than 70,000 members with membership available through more than 40 Select Employee Groups and has assets of more than $1.1 billion. USF FCU is a recipient of the Florida Governor’s Sterling Award for Performance Excellence. Please visit usffcu.com for more information.
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