UMCU, U-M partner to provide financial education for Wolverine Pathways
ANN ARBOR (February 27, 2017)– More than 100 middle-school and high-school students across southeast Michigan can learn more about setting financial goals and effective budgeting thanks to a new partnership between the University of Michigan Credit Union (UMCU) and the University of Michigan.
UMCU will help implement a new financial education curriculum for U-M Wolverine Pathways, a free, year-round program that partners with the families, schools and communities of Detroit, Southfield and Ypsilanti. Wolverine Pathways provides learning experiences that can help students succeed in school, college and future careers.
“Financial literacy represents a key set of understandings and skills that young people need to succeed now and in their future adult roles,” said Robert Jagers, director of Wolverine Pathways. “We are pleased that UMCU is working with us to share their expertise on these issues with both our instructors and our scholars. The donation of their knowledge and resources make them an important asset to the young people of Wolverine Pathways and excellent example of authentic partnering to support the young people in our program.”
As part of the recent partnership, UMCU will facilitate an eight-week training program this spring for instructors within Wolverine Pathways. For six weeks, students will learn about financial goal setting, effective budgeting, the basics of credit and how to be smart saving money. During the first and last week, students will take a pretest and post-class assessment to measure the success of the curriculum.
“We are grateful for this partnership with the University of Michigan because it gives us the opportunity to help prepare youth in our surrounding communities for a successful financial future,” said Tiffany Ford, UMCU President and CEO. “Wolverine Pathways is a remarkable program building bright young leaders, and UMCU is honored to provide its financial education component.”
For more information about Wolverine Pathways, visit www.wolverinepathways.umich.edu.
For more information about UMCU, visit www.umcu.org.
About the University of Michigan Credit Union
The University of Michigan Credit Union is a member owned, not-for-profit cooperative. Our purpose is to aMAIZE our members, community, and team by working together for our shared success.
UMCU is the only credit union headquartered in Ann Arbor, Michigan. When established in 1954, we were 12 members and $9 in assets. Today, UMCU has more than 80,000 members and $700 million in assets and we continue to grow! With seven offices in Ann Arbor, two branches in Ypsilanti, a branch in Dearborn and three branches in Flint, UMCU is able to serve the financial needs of the University of Michigan and its surrounding communities.