Would you have paid closer attention in high school math if you knew that it would have a direct impact on your finances?

In our continuing commitment to the community we serve, Allegacy opened the Raider Student Credit Union – the first student-run credit union at the high-school level in the state of North Carolina. The launch of the campus branch is an extension of our partnership in education with Pfafftown’s Ronald W. Reagan High School and a manifestation of our mission to teach students about financial literacy early in life.

“We are very excited to launch this student-run branch of our credit union at Reagan,” said Ike Keener, Allegacy President and CEO. “It’s a partnership that will lead to increased financial literacy and underscores our mission to help young people get off on the right foot and establish healthy financial practices that will last a lifetime.”

The grand opening of the student-run credit union took place on September 15, 2008, with local dignitaries including Congresswoman Virginia Foxx (R-NC 5th) and State Superintendent of Public Instruction June Atkinson in attendance. Twenty students staff the campus branch as part of Reagan’s financial literacy and marketing curriculum.

“While all of the educators and administrators here at Reagan appreciate the importance of studying subjects like history, science and language, we also recognize that financial literacy is an essential part of delivering our Reagan Raiders a well-rounded education,” said Reagan High School Principal Stanley M. Elrod. “The opening of the Raider Student Credit Union is a testament to our commitment to delivering our future graduates a top-notch education.”

See local news coverage of Raider Student Credit Union from WXII12.