Pennsylvania Credit Union Association

2011 Foundation Grants

Total $231,468.

Financial Literacy
$87,359


WEST-AIRCOMM FCU / HOBC Partnership
$3,970
Establish a multi-year partnership between WEST-AIRCOMM FCU and Housing Opportunities of Beaver County (HOBC) to encourage increased home purchases by first time buyers and increased renegotiating by homeowners threatened with foreclosure through financial counseling activities. The grant has permitted HOBC to implement and monitor financial counseling to more than 958 underserved consumers and to provide those who successfully complete the counseling sessions with up to $6,000 in federal funds to purchase homes. As of the end of 2011, 14 mortgages were originated and 123 first time home buyer candidates had made monthly mortgage payments on time.

National Youth Involvement Board (NYIB) Education Sponsorships
$5,000
This grant sponsored four youth-oriented sessions presented during the NYIB’s annual convention in Pittsburgh, PA, ¬Allegheny County, in July 2011. The project’s immediate purpose was to provide career and financial education to more than 200 credit union staff. Many participants represent future credit union leaders and members throughout the United States. The conference enabled them to understand and present lessons learned to vulnerable and underserved members who will constitute the future membership of the credit union movement. Coordinators from Pennsylvania credit unions helped lead the event while staff from the Pennsylvania Credit Union Association and the Pennsylvania Credit Union Foundation described the work they do on behalf of younger members.

CTCE FCU/Reading Public Museum Project
$8,000
A unique project which provided a hands on, proactive exhibit called Moneyville at the Reading Public Museum, Berks County. All told, the project attracted more than 10,000 visitors from the community as well as 4,000 interactive users constituting students from 10 school districts. The exhibit was on display from October 1 through December 31, 2011. It gave both the museum and the credit union the opportunity to introduce financial literacy to the general public, as well as market various community services that each provides.

Members 1st FCU/Milton Hershey School After School Project
$1,512
Provided for a business management license and books to be used as part of an after school financial education project that benefited 30 Student directly, as well as the student population which uses the Members 1st FCU student branch located at Milton Hershey School, Dauphin County.

MEADVILLE AREA FCU Student Branch
$10,000
Support for equipment and training costs associated with the operation of a student branch at Titusville School District, Crawford County. The immediate purpose of the project is to provide 202 students with classroom education, as well as provide member services to 100 students at Titusville High School on an annual basis.

Junior Achievement of  Central PA
$10,000
Conduct four Young Women’s Futures Symposiums at Harrisburg Area Community College, Dauphin County; Elizabethtown University, Lancaster County; Lebanon Valley College, Lebanon County; and Bucknell University, Mifflin County that provide life skills and budget training to 500 high school sophomores and juniors in these respective areas. In addition to the grant, the Pennsylvania Credit Union Association and local credit unions provide budget training and mentor support for the students.

Cornerstone Federal Credit Union Student Branch
$7,187
Support for equipment and training costs associated with the operation of a student branch at Big Spring School District, Cumberland County. The immediate purpose of the project is to provide 525 students with classroom education, as well as provide member services to 150 students at Big Spring High School on an annual basis.

Reality Fair
$6,200
A tripartate partnership among the National Credit Union Foundation (NCUF), the Pennsylvania Credit Union Association and the Foundation to provide a pilot interactive financial education program called Reality Fair at the State Capitol in Harrisburg to more than 200 students from seven high school students in the Dauphin and Cumberland County areas. Life skills and budget exercises were emphasized so that the students learned about and understood the concepts that will help them responsibly manage their finances. The Foundation provided materials and a Reality Wheel that introduced unexpected events into the mix that can affect real life situations. Credit unions provided partnership with the schools, meals for the students, and transportation to and from schools. The National Credit Union Foundation provided staff training for the management and organization of the project. All indications are that the project was successful and will be replicated at sites throughout Pennsylvania in 2012.

Wyoming Valley West Community FCU Student Branch
$10,000
Support for equipment and training costs associated with the operation of a student branch at Wyoming Valley West School District, Luzerne County. The immediate purpose of the project is to provide 250 students with classroom education, as well as provide member services to 100 students at Wyoming Valley West High School on an annual basis.

AmeriChoice FCU Student Branch
$10,000
Support for equipment and training costs associated with the operation of a student branch at West Shore School District, Cumberland County. The immediate purpose of the project is to provide 700 students with classroom education, as well as provide member services to 100 high school students at Cedar Cliff High School on an annual basis.

Erie FCU Education & Partnership
$10,000
A grant to provide an after school financial education and community development project that will directly benefit 60 high school students, 300 middle school students and 100 underserved families through the Erie School District, Erie County. The so-called “CHAMPS” program will provide past and present Foundation sponsored programs like Jr. Achievement classroom education and BIZ Kids curricula along with Erie website generated information to the students. The project is Being collaborated with the National Credit Union Foundation’s “Innovative Technology Project” and will serve as a model for a strategic and integrated approach to financial literacy.

Members 1st FCU/ Milton Hershey School Financial Challenge
$5,490
Provided for iPads to be used as part of an after school financial challenge project to test the knowledge of 60 after school students and a transitional living and rising senior transition program that will benefit 198 students at Milton Hershey School, Dauphin County. The student population that uses the Members 1st FCU student branch located at the school will also participate in these credit union and school generated projects.

Small Credit Union Development Grants
$24,121


Altoona VA Hospital FCU
$2,250
Altoona VA Hospital FCU received a strategic planning grant in October 2011. The planning session was facilitated by the Pennsylvania Credit Union Association during the fourth quarter and a series of planning priorities is being defined and considered by the credit union board during the first quarter of 2012.

Local 229 I. B. E. W. FCU
$1,724
A grant to provide direct mail and media advertising for the benefit of 60 new and underserved members during the next two years. The funds will also offer enhanced member services through a more direct and aggressive marketing campaign in shares, personal loans, auto loans, CDs, vacation club and Christmas club accounts to new and the current 558 members.

K. G. C. FCU    $3,000
A grant to provide direct mail and media advertising, for the benefit of 87 new and underserved members during the next two years. The funds will also offer enhanced member services through a more direct and aggressive marketing campaign in shares, personal loans, auto loans, credit cards, debit cards, IRAs and Christmas club accounts to new and the current 1,737 members.

Neighbors 1st FCU    $3,000
A grant to provide website development and media advertising for the benefit of 67 new and underserved members during the next two years. The funds will also offer enhanced member services through a more direct and aggressive marketing campaign in shares, personal loans, auto loans, share drafts and home equity loans to new and the current 2,203 members.

Standard Steel Employees FCU
$3,000
A grant to provide direct mail and media advertising for the benefit of 37 new and underserved members during the next two years. The funds will also offer enhanced member services through a more direct and aggressive marketing campaign in shares, personal loans, auto loans and home equity loans to new and the current 851 members.

Bradford Area FCU
$3,000
This grant provides for the purchase of a computer and a server designed to help the credit union survive and to attract 20 new members during the next two years, as well as to provide increased member services in shares, personal loans, auto loans, CDs, share drafts, debit cards, credit cards, vacation club and Christmas club accounts for new and current members.

Central Valley FCU
$2,137
This grant provides for the purchase of a server designed to help the credit union survive and to attract 25 new members during the next two years, as well as to provide increased member services in shares, personal loans, auto loans, share drafts, CDs, share drafts, debit cards, IRAs vacation club and Christmas club accounts for new and current members.

Altoona Area Employees FCU
$3,000
This grant provides for the purchase of a server designed to help the credit union survive and to attract 50 new members during the next two years, as well as to provide increased member services in shares, personal loans, auto loans, share drafts, CDs, share drafts, debit cards, vacation club and Christmas club accounts for new and present members.

People For People Community Development Credit Union
$3,000
A grant for debit card start-up costs designed to attract 277 new and underserved members and to offer debit cards to 227 new members and 315 current members. It is anticipated that project will transform People For People Community Development Credit Union from a savings-based depository to a cash-based financial institution.

Webinar Training
$9,738


PHB Employees FCU
$800
Award to permit the credit union to participate in four webinars—When a Loan Member Dies, Strategic Planning for Board Members & Senior Management, Lending to Members of Modest Means and Protecting Your Credit Union from Member Bankruptcy.

KGC FCU
$400
Award to permit the credit union to participate in two webinars—Financial Literacy, What Regulators Want, What Directors Must Know; and Financial Literacy, Concentrations & Investment Calculations.

Westmoreland Water FCU
$876
Award to permit the credit union to participate in four webinars—Rates, Risk and Return; Developing the Most Creative Loans Ever; All About Living Trusts; and Robbery Awareness for Frontline Staff.

I. B. E. W. Local 56 FCU
$1,000
Award to permit the credit union to participate in four webinars—Improving Your Delinquency Numbers, High Yield Lending, New Rules for websites and IRA Basics.

WESTCO FCU
$169
Award to permit the credit union to participate in one webinar—Unauthorized Revocation & Stop Payment ACH.

Pittsburgh FCU
$1,000
Award to permit the credit union to participate in four webinars—Mandatory Compliance Funds Availability, Bank Regulation, Regulatory Bank Robbery Act and Bank Protection Act.

Clairton Works FCU
$629
Award to permit the credit union to participate in three webinars—IRA Basics 101, IRA Basics and Protecting Yourself When a Member Files Bankruptcy.

Pace Resources FCU
$757
Award to permit the credit union to participate in four webinars—Bankruptcy, The Financial Statement Game, Improving Your Delinquency Numbers and Developing the Most Creative Loans Ever.

North East Welch FCU
$869
Award to permit the credit union to participate in four webinars—Credit Union Webinar Network Series in February, March, June and July 2011.

AVH FCU
$800
Award to permit the credit union to participate in four webinars—Financial Literacy Training I and II, Compliance Training Board & Senior Management and Supervisory Committee Role & Responsibilities.

Team First FCU
$838
Award to permit the credit union to participate in four webinars—Financial Literacy for Directors I and II, CUNA Introduction to Asset Liability Management and CUNA Rates, Ratio and Returns.

Dertown School FCU
$800
Award to permit the credit union to participate in four webinars—Required Financial Literacy, Parts I & II, Impaired Loan and the ALLL and Supervisory Committee Roles & Responsibilities.

Carnegie Mellon University FCU
$800
Award to permit the credit union to participate in five webinars—ACH Rules Update, Preparing for Safe Mortgage Act, When A Loan Member Dies, 2011 FFIEC Authentication Guidance and Checks, Remote Capture, ACH Electronic Transfer.

Scholarship Grants
$3,250


State College FCU
$700
A scholarship grant for a staff member to attend the first year of the Judge/Bradley Leadership School for volunteer management and accounts training at Penn State University.

Oil Country FCU
$650
A scholarship grant for a staff member to attend the second year of the Judge/Bradley Leadership School for volunteer management and accounts training at Penn State University.

Fayette County School Employees Credit Union
$650
A scholarship grant for a staff member to attend the first year of the Judge/Bradley Leadership School for volunteer management and accounts training at Penn State University.

Fayette County School Employees Credit Union
$1,250
A scholarship grant for a staff member to attend the second year of The IRA Supertrain Conference in Philadelphia, PA in August 2011.

Disaster Relief
$107,000


Westmoreland Community FCU
$2,000
Funds awarded to assist the victims of a tornado that struck Greensburg, Latrobe and other areas of Westmoreland County on March 23, 2011.

American Red Cross, Japan Earthquake & Tsunami Fund
$2,000
Funds awarded to assist the victims of an earthquake and tsunami that affected millions of victims in the Ishinomaki area of Northeast Japan in March 2011.

National Credit Union Foundation CUAid Tornado Relief Fund
$2,000
Funds awarded to assist credit unions and credit union victims of tornados that struck Tuscaloosa, Alabama, and Joplin, Missouri in May 2011.

National Credit Union Foundation New Jersey Flood Relief Fund
$1,000
Funds awarded to assist credit union and credit union victims of flooding in New Jersey and Vermont in September 2011.

National Credit Union Foundation Pennsylvania Flood Relief Fund
$100,000
Funds awarded to assist 238 credit union employees and members affected by floods along the Susquehanna River Basin from Athens and Troy in the north, through Wilkes-Barre, Bloomsburg, West Pittston, Wyoming, and Duryea in the center, to Hershey, York, Annville and Marietta in the south, during September and October 2011.


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