Improving Every Year

Abby Ulm, Foundation Manager at SCE Federal Credit Union, and Shay Olivarria at the Los Angeles Federal Reserve during a field trip with local high school students.

More great news! SCE Federal Credit Union Foundation (now the Center for Financial Empowerment) works with several high schools around the San Gabriel Valley and in the 2012 National Financial Capabilities Challenge 24 of the 415 students nationwide (that’s about 6% of ALL the students across the nation) were students that SCE Federal Credit Union Foundation worked with!

In 2012,  35 schools in California took the challenge (that’s about 67% of all schools in California) and the students that SCE FCU Foundation worked with scored really well. In fact, there was an increase of students that scored in the top 20% in year two.

In 2011, the SCE FCU Foundation had 10 students that scored in the top 20%. This year that number increased to 24 students. That’s more than 100% increase!  There were:

12 students from Baldwin Park High School

7 students from Duarte High School

5 students from Colony High School

 

Congrats to all the students and the team at the SCE Federal Credit Union Foundation!

 

Federal Reserve Bank

I went to The Federal Reserve Bank and all I got was this bag of money! LOL

You’ll never guess what I did today!

Really, you’ll never guess so I’ll have to tell you. I went on a tour of The Federal Reserve Bank in Los Angeles! How did I get so lucky? I have been working with the foundation at SCE Credit Union for a few years now and when they decided to reward Duarte HS students with a trip to “The Fed” I was invited along. Okay, okay … I really invited myself along, but they were gracious enough to agree.

I went with the CEO of SCE Credit Union, the COO of SCE Credit Union, the Mayor of Duarte, several other high level VPs and C-level execs (just another day at the office), and 30 of the most awesome students ever! We learned about the history of The Fed (did you know there was a $10,000 note at one time?), we learned about how The Treasury, not the The Fed, prints money (on paper from Crane Paper Company that’s 75% cotton and 25% linen), we saw “The Vault” that’s as big as a football field with “straps” of $1, $5, $10, $20, $50, and $100 bills, and we heard a wonderful presentation about behavioral economics after having lunch.

All in all, it was a good day.

Find out about all the great things SCE Credit Union is doing to partner with community members by adding them on Facebook. All this goodness and social media savvy too? Yep! They’re awesome like that. =)