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Congresswoman Foxx Praises Allegacy Federal Credit Union’s Student-Run Branch on US House Floor

As you may know, Allegacy FCU recently opened a student-run branch of the credit union at Reagan High School. One of the guest speakers at the dedication of the branch last month was Fifth District Congresswoman Virginia Foxx.

The branch, and the enthusiasm of the faculty & students at Reagan, impressed Foxx so much that she delivered a speech about it on the floor of the US House of Representatives on September 22nd.

With young people likely to encounter more-and-more financial challenges as the credit crisis moves into the economy, it’s great that credit unions such as Allegacy are providing young people with some great and practical learning.

Allegacy opened their branch in late August, shortly before American Partners FCU opened a branch of the credit union at Reidsville High School. And Winston-Salem City Employees’ Credit Union has a branch located at Union Cross Traditional Academy (Elementary) that is now entering its third year. Kudos to all of these credit unions for your work in the lives of young people!


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