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Champion Chatter

Champion Chatter
December 2008

A special section for Champion Credit Union’s young savers

Happy New Year!

Happy New Year Young Savers! 2009 marks the beginning of another year for the Champion Credit Union Young Savers Club. Don’t forget to turn in your 2008 stamped card for your bonus deposit. New cards will be mailed to existing club members in January. If you are 17 or under and aren’t a member of the CCU Young Savers Club; you can still join but don’t wait. Join the club in January so you can be eligible for your bonus deposit next December. Watch future issues of Champion Chatter for cool club activities and giveaways and have a great year CCU Young Savers!


Scholarship Opportunities

Champion Credit Union members who will be attending post-secondary educational programs (not limited to colleges and universities) can apply for a scholarship that is being awarded by the Northwest Chapter of Credit Unions. Complete the application and essay below be considered for the scholarship. The Northwest Chapter of Credit Unions Scholarships are open to anyone, wishing to complete the application and essay.

The Northwest Chapter of Credit Unions
2009 Scholarship Award Application

The Northwest Chapter of Credit Unions would like you to apply for a scholarship. There will be two scholarships awarded – one each in amounts of $2,000.00 and $1,500.00. The information and essay answer you provide will help us to decide the recipients of this spring's awards. If you are chosen to receive the $2,000 scholarship from the Northwest Chapter, your application will then be submitted to the statewide scholarship program sponsored by the Ohio Credit Union League, where five scholarships worth $2,500.00 each will be awarded. The scholarships will be awarded for expenses related to attending post secondary educational programs.

Please return your completed application and essay answer by March 3, 2009 to:

Kathy Kanipe, Chapter Scholarship Chair
5138 N. Summit St.
Toledo, OH 43611

 Name: ________________________________________________________________  
 Address:
 
________________________________________________________________
________________________________________________________________
 City: ___________________________  State ________  Zip: ___________________
 Phone: ______________________ Social Security Number: _______________________
Which post high school institution(s) have you applied to for admittance for the 2007-2008 school year?
 
___________________________________________________________________________
Are you a member of a credit union? If so, which credit union(s)?
CHAMPION CREDIT UNION, INC.
 
  ___________________________________________________________________________
This does not affect your eligibility for this scholarship but may make you eligible for other scholarship opportunities.

1) Please answer the following essay question by attaching your typed, double-spaced, response.
(No longer than four pages please.)

College graduates have more than $20,000 in student loan debt and $2,500 in credit card debt upon graduation, according to a recent study. Increasing financial education and literacy among today’s youth is a critically important issue. What obligations do parents, educators, and the business community have to prepare young people for the financial challenges they will face, including the expenses and pitfalls of becoming financially independent? How could young people be better prepared and taught financial skills? Please include details about ideal age, teaching materials, methods (classroom vs. hands-on learning, etc.) and providers (parents, teachers, friends, the media, etc.).