The St. Vincent and the Grenadines Police Co-operative Credit Union Ltd (SVGPCCU Ltd.) was established in January 2003, it was the brainchild of the then Commissioner of Police, Mr. William J. Harry. Today, America First has 112 branches, and is the 12th largest credit union in assets in the United States with over $7.1 billion, and the seventh largest credit union in membership in America with more than 732,000 members. Members of the credit union were asked to submit their ideas for this building during its design stage. The disconnect between credit unions and CUNA is a widening gulf and one that only democracy and choice will fix.
That’s why our Student-Run Credit Union program was created back in 1990 to help make that happen. The credit union now operates 45 student-run credit unions, impacting more than 18,000 elementary, middle, and high school students. This year, not only did our partnerships grow, but we added two new team members to help support the growth of the Student-Run Credit Union program. Jeremy Cybulski, our new Senior Education Partnership Coordinator, has more than 16 years of credit union experience in youth financial education.
A life-long member of the credit union movement, Jeremy is dedicated to instilling financial values in today’s youth and making them smarter savers, and savvy consumers. FinanceWorks is an application created by Digital Insight that allows people to manage their finances such as checking, savings, credit cards, and loans all within the Credit Union’s online banking site. This is one of the reasons that FinanceWorks is provided by Tropical Financial Credit Union as part of the online banking program. Financial institutions like TropicalFinancial Credit Union offer products for young adults that have all these features.
If you’re responsible with your money and have regular income, now could be a good time to open your first credit card and establish a positive credit history. If you manage your account well, it will be reflected on your credit report , which could make it easier to buy a car or home in the future. Before the weekend gets underway you should also stop by the credit union or an ATM to get a little extra cash.
We are teaching students about everything from the difference between debit cards and credit cards, to budgeting basics and the difference between leasing and financing a first car. Tropical Financial Credit Union had a team of employees volunteer at the event to help with the distribution. There has been no leadership in providing a compelling value-proposition to credit union CEOs.