The work of the Foundation reflects a belief that with access to financial education, there can be a real difference in people’s lives and they can become financially independent.
RTN Federal Credit Union and RTN GoodWorks Foundation Provide Summer Financial Education for Local Youth
RTN Federal Credit Union and RTN GoodWorks Foundation co-sponsored three virtual financial education seminars for high school students participating in Waltham Partnership for Youth’s Summer Internship Program. Seventy-two students attended the seminars, which were presented by RTN’s partner American Consumer Credit Counseling, Inc. RTN is also a participating local employer, with one of the students working in the Waltham branch this summer.
“Make the Most of Your Money,” which was presented to two groups of student interns, covered a wide range of financial concepts and information, and provided students an opportunity to ask questions and share their thoughts on saving and spending money. “Work Benefits – Many Options to Choose From” covered information about paychecks as well as the importance of retirement planning and various retirement planning options. All three seminars had an interactive exercise to allow students to participate through the chat feature or to respond through their microphone.
“The material covered in RTN’s seminars will help prepare our interns as they enter the workforce as well as in their own personal lives,” says Jaime McAllister-Grande, Career Exploration and Training Program Coordinator, WPY. “I’m also happy that RTN was able to host an in-person intern in their Waltham branch this summer and that the intern was such a great fit.”
RTN GoodWorks Foundation Provides Financial Education for Local Youth
RTN Federal Credit Union and RTN GoodWorks Foundation co-sponsored a virtual “A Beginner’s Guide to Building Wealth” financial education seminar on April 29, presented by partner American Consumer Credit Counseling, Inc.
Seventeen students, teachers and administrators attended the seminar, which introduced financial concepts. Topics included how to manage money you earn, how to plan for future earnings and how to think about future debt. RTN partnered with several school and community organizations to promote the seminar including Waltham High School, Waltham Partnership for Youth, Waltham Boys and Girls Club, and Tewksbury Community Service Police Department.
“The material covered in RTN’s seminar is information every high school student should gain exposure to, and it was refreshing to see each topic broken down for teenage learning,” comments Michael Wilder, Business Teacher, Waltham High School. “We are happy to partner with RTN Federal Credit Union to bring financial literacy to our students.”