Henrico Federal Credit Union: A Financial Education Partnership

About the Program

Category: Community and Economic Development (Best in Category)

Year: 2012

Henrico Federal Credit Union (HFCU) has served county employees since 1967 and has played an active role in developing financial education for Henrico’s students as well. This unique and robust partnership commitment is a result of a collaborative effort between HFCU and Henrico County Public Schools (HCPS) and includes the successful development and implementation of three student-run high school satellite branches of HFCU (to date), and, a Henrico Federal Credit Union full-time Financial Literacy Specialist (teacher-liaison) dedicated to teaching lesson-specific financial education opportunities. The three student-run high school satellite branches are available to all school-based personnel and students. The student-run branches are not open to the general public. Overall, this program has been very successful and has provided the community with crucial financial information. This investment will lead to a more prepared and fiscally responsible future.