In Minnesota, 1 CU Helping Students Pay Down Delinquent Lunch Tabs

ROCHESTER, Minn.–First Alliance Credit Union said it is donating $8,500 to help students and families at Rochester (Minn.) Public Schools pay down delinquent lunch

First Alliance

accounts.

“Our goal as a credit union is to give back to the community that supports us,” said Michael Rosek, First Alliance’s president and CEO, in a statement. “Helping families who are struggling financially is where we believe we can make the greatest impact.”

According to the credit union, the funds will be used exclusively to assist families who qualify for reduced price lunches, yet are struggling to pay back the remaining balances.

Rochester Public Schools said it estimates about a quarter of the negative balances owed originate from students already receiving reduced price lunches. District-wide, approximately 35% of families quality for free and reduced price meals, according to a statement.

 

 

Section: Standard
Word Count: 207
Copyright Holder: CUToday.info
Copyright Year: 2019
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URL: http://www.cutoday.info/Fresh-Today/In-Minnesota-1-CU-Helping-Students-Pay-Down-Delinquent-Lunch-Tabs