Help teach your student the value of saving with LOC!
Power Credit Union opens October 13, 2016.
In 1993, LOC Federal Credit Union opened its first student-run credit union in Farmington Hills. Today, LOC is a proud partner with Farmington Public Schools, Hartland Consolidated Schools, and the Howell Public School District and operates 15 in-school branches. Our in-school program and this community partnership strengthen student advancement as a result of exposure to positive community role models.
For 10 years, LOC Federal Credit Union has operated a full-service, student-run branch at Power. Our student-run credit unions are managed by students with the supervision of an LOC employee. Student employees gain hands-on experience on how to run a branch and they perform duties of the various positions available at a financial institution. They are also taught real-life work skills, such as
- Resume writing and interviewing techniques
- Professionalism and team work
- Development of responsibility and leadership skills
- Increased student confidence
- Counting money efficiently
- Financial education classroom presentations
- Importance of having healthy savings habits
- Interpersonal and communication skills
- Increased math skills and more.
Not only does this program teach valuable skills to students working the credit union, this also gives all students real-life lessons in savings and finance.
All students, staff, and parents at Power are eligible to open an LOC account through the student-run credit union. Power Credit Union is open Thursday afternoons from 12:50pm – 1:20pm and operates under the direction of Annie Wiltse, Youth & Community Development Coordinator at LOC.
To open an account, access the links below to print and complete an application and return to Ms. Wiltse on Thursdays from 12:50pm – 1:20pm or go directly to LOC’s website to begin the account application process online.
For a full list of student-run branch locations and operational hours, visit locfederal.com/cuatschool.
For additional information or with further questions, contact:
Annie Wiltse, Youth & Community Development Coordinator at LOC
(248) 474-2200 ext.330
Eric Newton, PCU & 6th grade math teacher