Redstone Federal Credit Union

Spring 2019 Newsletter

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Schools Program 8 | r e d f c u.o r g Redstone introduced its Schools Program in 2018 as an opportunity for students to gain valuable work experience in the student-run branches while increasing their knowledge about finances. When students have access to in-school banking, they tend to use their accounts more and have a positive attitude toward saving and financial institutions, according to a recent study for the U.S. Department of the Treasury. I N O U R C O M M U N I T I E S Scrapbook Redstone's President and CEO, Joe Newberry, left, and Dr. Robert Altenkirch, President of the University of Alabama in Huntsville, signed an agreement in January to open Redstone's third student-run credit union branch on a college campus. e UAH branch is expected to open in the fall. e staff for Redstone's Alabama A&M University branch welcomed visitors and friends as they celebrated the branch's one-year anniversary. 3 Number of high school branches — 2 Number of college branches — 33 Number of staff at all student branches — 364 Number of deposits at high school branches — 95 Number of savings accounts opened at college branches REDSTONE STUDENT BRANCHES BY THE NUMBERS: * *As of Feb. 28, 2019

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