St. Lawrence Federal Credit Union and SUNY Canton Promote Financial Literacy in the North Country
A $10,000 gift from the St. Lawrence Federal Credit Union will allow SUNY canton to establish a financial literacy center to help students, credit union members and individuals from the community.
CANTON, NY (09/08/2015)(readMedia)-- The St. Lawrence Federal Credit Union has donated $10,000 to help establish a financial literacy center on the SUNY Canton campus. The Center will be located in the SUNY Canton Accounting, Business and Finance Center and will serve as a local resource for no-cost financial education and counseling services.
"We would like to thank the St. Lawrence Federal Credit Union for their generosity in helping to promote better financial literacy for North Country residents," said Jondavid S. Delong, dean of the school of business and liberal arts. "We are excited to be working with SLFCU to assist students and the community."
SUNY Canton will use the funding to help the Northern New York community by providing seminars on a range of basic personal finance topics, including budgeting, family money skills, managing debt, smart purchasing and living decisions, taxes, and planning for, and financing, both higher education and retirement. Current SUNY Canton students in business related majors will receive specialized training to assist educators in providing these services to the community.
"St. Lawrence Federal Credit Union is happy to support SUNY Canton in establishing the much needed financial literacy center and look forward to watching this become a successful endeavor for financial literacy within the North Country," said Todd R. Mashaw, St. Lawrence Federal Credit Union president and CEO.
The Center will also leverage SUNY Canton's existing Volunteer Income Tax Assistance (VITA) program, its Small Business Development Center (SBDC) and its legal assistance partnership with the Legal Aid Society of Northeastern New York to help identify and serve the needs of individuals for financial education services.
About St. Lawrence Federal Credit Union
St. Lawrence Federal Credit Union is a member owned financial services provider with locations in Ogdensburg and Canton that offers membership to persons employed, residing or attending school within St. Lawrence County, including members of their immediate families. Its goal is to provide the highest level of personal financial services in a friendly, professional manner.
About SUNY Canton
SUNY Canton is Northern New York's premier college for career-driven bachelor's degrees, associate degrees and certificate programs. The college delivers quality hands-on programs in engineering technology, health, management and public service. Faculty members are noted for their professional real-world experience in addition to outstanding academic credentials. SUNY Canton OnLine offers hundreds of flexible and convenient courses as well as eight exclusively online bachelor's degrees. The college's 14 athletic teams compete as members of the NCAA Division III.
Photo caption: Pictured are (L to R) Geoffrey C.S. VanderWoude, SUNY Canton alumni and development associate, Elizabeth A. Pier, St. Lawrence Federal Credit Union business and development manager, Todd R. Mashaw, St. Lawrence Federal Credit Union president and CEO, Jondavid S. Delong, SUNY Canton dean of the school of business and liberal arts, and Keith R. Rosser, SUNY Canton acting vice president for advancement. The St. Lawrence Federal Credit Union executives donated funding to create a financial literacy center at the college.