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CUs Help Alleviate Financial Pressures with Back-to-School Drives
Monday, August 18, 2014 7:00 AM

United Heritage Back to School Drive

According to an American Express annual survey on back-to-school spending, parents will spend an average of $1,151 for kids before school starts — compared to $1,094 in 2013 and $867 in 2012. From spiral notebooks, to pens, pencils, backpacks and more, ballooning back-to-school supply lists are placing a financial hardship on many low-to-moderate income families. Thankfully, credit unions are helping alleviate the financial pressures on families with back-to-school drives.  

United Heritage CU, for example, recently held a school supply drive to benefit Big Brothers Big Sisters of Central Texas and PATH (People Attempting to Help) of Smith County. More than 1,560 school supplies valued at over $1,780 were collected from United Heritage employees and members. The school supply donations will help low income children in Travis, Williamson, Hays and Smith counties. The drive was arranged by Team United Heritage, a group of civic-minded credit union employees who volunteer their time and resources to support charitable work in local communities.

Supplies were delivered to Big Brothers Big Sisters for preparation and distribution to children in need on Aug. 8. Supplies collected for PATH will be distributed to schools in Smith County.

YPs with School SuppliesThe Cornerstone Credit Union League also held a back-to-school supply drive, and when its Young Professional Advisors learned of the initiative, they whole-heartedly embraced it. They asked all attendees at the Aug. 7-8 YP Conference in Fort Worth, Texas, to bring elementary school supplies, to be donated to economically challenged students.

“In the planning for the 2014 YP conference, it was very important for us to provide an opportunity for the YPs in attendance a way to give back to those in need,” YP Advisor Colley Hunt, a business development professional with Texoma Community CU, said on behalf of the YP Advisors. “Involvement in our local communities is not only rewarding, but is an incredible representation of the credit union spirit.” 

Cornerstone’s YP Advisors called the initiative “Young Professionals helping Young People.”

Donations from Cornerstone and the YPs were donated to the Ft. Worth Chapter of Credit Unions to be distributed to Sam Rosen Elementary in Fort Worth, and Webb Elementary in Arlington – both socio-economically disadvantaged schools.