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PSCU Financial Services Funds 25 Teachers for Credit Union Week at the Colonial Williamsburg Teacher Institute

St. Petersburg, FL, May 4, 2006 – Educators from around the country, representing 18 PSCU Financial Services member-owner credit unions, have been notified that they have been awarded a grant to attend the second annual Credit Union Week at the Colonial Williamsburg Teacher Institute. This grant allows 25 teachers to attend—at no charge—an intensive week-long seminar at Colonial Williamsburg, in Williamsburg, Va. Seminar participants learn innovative methods for communicating the principles of America’s unique history and system of government and prepare new instructional materials for use in their own classrooms.

PSCU Financial Services and First Data Western Union Foundation have jointly donated $100,000 to fund educational programs for students and the Credit Union Week teacher seminars conducted by The Colonial Williamsburg Foundation. The Foundation is a not-for-profit institution that preserves and operates the restored 301-acre Colonial Williamsburg site and produces educational materials related to the founding of the United States as a nation and life in the 18th century.

Half of the joint contribution will pay for interactive electronic field trips for students and resource kits that include educational tools and lessons for classroom instruction. The electronic field trips are web-based interactive television events that bring Colonial times to life for more than millions of students annually. The remaining half of the gift will underwrite the second annual Credit Union Week at the Colonial Williamsburg Teacher Institute.

Credit Union Week will be held July 12-19, 2006. The grant provides more than $2,000 for each teacher, which covers program admission, room and meals and a $200 stipend to be used for travel expenses or the purchase of educational materials.

“We support the educational activities of The Colonial Williamsburg Foundation because it teaches the democratic principles that brought our nation into existence and guarantee the freedoms we enjoy today,” said David J. Serlo, President and CEO, PSCU Financial Services. “Sponsoring teachers helps bring individualized educational material into local classrooms and has long-term benefits through the lives of these teachers and their students.”

The following PSCU Financial Services member-owner credit unions nominated the teachers that were selected to attend Credit Union Week 2006 at the Teacher Institute:

  • 1st United Federal Credit Union, CA
  • A+ Federal Credit Union, TX
  • Apple Federal Credit Union, VA
  • CFE Federal Credit Union, FL
  • Chesterfield Employees Federal Credit Union, VA
  • Como Northtown Community Credit Union, MN
  • Educational Employees Credit Union, CA
  • First Nebraska Educators Credit Union, NE
  • Dearborn Schools Credit Union, MI
  • Idaho State University Federal Credit Union, ID
  • Metro Credit Union, MI
  • Monroe County Community Credit Union, MI
  • SEFCU, NY
  • School Employees Credit Union of Washington, WA
  • Shiawassee Community Credit Union, MI
  • Spokane Teachers Credit Union, WA
  • Teachers Federal Credit Union, MN
  • WCTA Federal Credit Union, NY

About PSCU Financial Services

PSCU Financial Services is the nation's largest Credit Union Service Organization (CUSO). As a non-profit cooperative, the company is owned by more than 500 member credit unions nationwide, representing nearly 10 million credit and debit cardholder accounts and more than 300,000 online bill payment subscribers. PSCU Financial Services maintains its headquarters and Eastern operations center in St. Petersburg, Florida. The company is also supported by a West Coast operations center based in Phoenix, Arizona.

Established in 1977, the company provides a broad array of cost-effective, high quality financial services that include credit, debit, ATM, bill payment and contact center solutions. PSCU Financial Services uniquely offers its members a full range of processing options, any combination from full service to in-house pass through processing for credit, debit and ATM transactions. As the leader in the credit union industry, the company offers gateway access to national and regional networks. It also provides full function ATM terminal driving services.

For more information, visit the company's Web site at www.pscufs.com.

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