When you’re a teen and it comes to learning about money, there’s no better way than to serve on the Family Trust Youth Advisory Board. “You have to make more money than you spend,” said Scott Fletcher, a Fort Mill High School senior. He’s serving his second term on the board, which tells Family Trust what teens want and need.
The York County Regional Chamber of Commerce is embracing the buy-local movement that is sweeping the country, and recently launched a summer campaign designed to boost its “Buy Into It” program.
Fourteen Family Trust employees and members recently painted part of a cottage at the Children’s Attention Home. The work was an extension of our Second Annual Charity Golf Tournament held in late May that raised $21,000 for the Attention Home and the Children’s Attention Home Charter School.
Employees who don’t have a relationship with a financial institution can be dependent on expensive check-cashing companies to get access to their paychecks. Family Trust recently introduced a reloadable card from Visa that provides a safe place to keep money and help the user manage his or her finances.
The debate is just getting started for proposed changes to interchange fees that are charged when consumers use their credit or debit cards. Legislators are trying to rein in financial institutions by regulating the fees. But chances are the proposed changes could actually hurt card users. Lee Gardner, Family Trust’s president and CEO, blogs about the issue at good2cu.org.