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Media Release

FOR IMMEDIATE RELEASE

Fryzel Visits Student Credit Union

March 30, 2009, Alexandria, Va.National Credit Union Administration Chairman, Michael E. Fryzel last week highlighted the importance of an early start on financial education during a tour of a Virginia high school student-run branch 

Chairman Fryzel visited Arlington Virginia Federal Credit Union’s student run Triple $ Branch at the Arlington Career Center.  The branch, so named to stand for “Students Serving Students,” is part of the school’s business and finance curriculum. 

“It is always both rewarding and impressive to see hands-on, useful financial skills being taught to students.  This branch is one of many I have had the opportunity to observe in action, and I am optimistic that the students learning lessons of today will become the savvy, financially literate consumers of tomorrow,” commented Chairman Fryzel.

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Lisa Moore, Student Branch Liaison and Board Member Arlington Virginia FCU, Chairman Fryzel, Brenda Turner Arlington Virginia FCU CEO with students from the Triple $ branch.

The National Credit Union Administration is the independent federal agency that charters and supervises federal credit unions. NCUA, with the backing of the full faith and credit of the U.S. government, operates the National Credit Union Share Insurance Fund, insuring the savings of nearly 89 million members in all federal credit unions and most state-chartered credit unions. NCUA operations are funded by credit unions, not tax dollars.

 


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