Family Savings Credit Union has partnered with Jacksonville State University (JSU) to launch a financial wellness program for all students at JSU.
On Thursday, November 16, Family Savings held a reception and check presentation to announce the partnership with the JSU Foundation. A check for $50,000 was presented to JSU Foundation Executive Director, Dr. Alan Medders, and JSU President Don Killingsworth. This check will be the first of $250,000 committed to the foundation.
“We could not be prouder of the opportunity to work with the students at JSU,” said Family Savings President and CEO Danny Varnon. “Improving financial literacy is our mission. In our line of work, we see every day the knowledge gap between knowing how to be financially secure in one’s future and being dependent on high-cost credit and long-term debt. Family Savings is proud to be a small part of the solution for these students.”
The new Family Savings wellness program aims to raise the level of financial literacy for those students attending the university. They will have access to classes on budgeting, reading and improving their credit scores, paying students loans and filing taxes.
Many of the Family Savings board members in attendance at the check presentation shared that they were graduates of Jacksonville State University and felt a special connection to the college.
Family Savings is a not-for-profit financial cooperative that serves over 75,000 people in northeast Alabama and northwest Georgia.
For more information about Family Savings or its financial literacy program, visit familsavingscu.com or call 888-311-3728.