RANCHO CUCAMONGA, Calif., and MADISON, Wis., March 31, 2014 - CO-OP Financial Services will be paying half the cost of all Biz Kid$ DVD box sets purchased by credit unions under a program to enhance the financial education of families at Children's Miracle Network Hospitals.
"Even though CMN Hospitals treat sick and injured children without regard for ability to pay, many of their families still face tremendous financial challenges," said Stan Hollen, President/CEO, CO-OP Financial Services, and a member of the Board of Governors of CMN Hospitals since 2010. "The Biz Kid$ box sets will provide a source of entertainment and financial education for families that need both at a very difficult time."
CO-OP Financial Services will pay $150 of the $300 DVD set, which credit unions are purchasing through the National Credit Union Foundation (NCUF) and donating to their local CMN Hospitals.
The program is a joint initiative of Credit Unions for Kids and NCUF, which aims to provide all 163 CMN Hospitals with a box set of Biz Kid$ by the end of April, National Financial Literacy Month. Biz Kid$ is the Emmy Award-winning and credit union-funded public television series that teaches young people about money management and entrepreneurship.
"We thank CO-OP Financial Services for helping underwrite this new initiative between NCUF and CU4Kids," said Gigi Hyland, Executive Director, NCUF. "With CO-OP's support, even more Biz Kid$ DVD box sets will make their way to patients and families in CMN Hospitals across the country. Linking credit unions' philanthropy with their mission to improve people's financial lives is truly a win-win."
Philanthropic initiatives from CO-OP Financial Services on behalf of its 3,500 client credit unions also includes CO-OP Miracle Match, a $1 million per year CU4Kids fundraising matching program; and charitable contributions at the ATM, a program in which participating credit unions with ATMs "driven" (controlled) by CO-OP can include an add-on transaction enabling their members to make a contribution to CMN Hospitals.
For more information on the Biz Kid$ for CMN Hospitals initiative, visitwww.ncuf.coop (Foundation Programs/Biz Kid$).
About National Credit Union Foundation
The National Credit Union Foundation is the U.S. credit union movement's primary national philanthropic program provider, fundraiser and grant-maker, working to help consumers achieve financial freedom through credit unions. Through NCUF grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets and own homes. To learn more visit www.ncuf.coop.
About CO-OP Financial Services
Based in Rancho Cucamonga, Calif., and founded in 1981, CO-OP Financial Services is the nation's largest credit union service organization in terms of number of credit unions, assets and members. The company helps credit unions thrive by providing products and services that make it more convenient for members to do business with them. With a motto of "Be There. Be More," CO-OP's products fall into three business lines, including "Locations," (ATM, shared branching and call center services); "Card Payments" (debit and credit processing) and "Mobile/Virtual" (mobile, online, check imaging, bill pay services). To learn more visit www.co-opfs.org.