PARCHMENT, Mich.—The $1-billion Advia Credit Union has formed The Advia Foundation to focus on enhancing financial literacy, furthering education and improving overall quality of life for residents living within its service areas in Michigan, Wisconsin and Illinois, the credit union said.
“Advia has a strong spirit of philanthropy and is committed to advancing lives in our communities through the donation of time, resources and expertise,” said Nancy Loftis, vice-president of marketing and public relations for Advia Credit Union, in a released statement. “The Advia Foundation is a natural progression of our efforts to make a difference in people’s lives. We are excited to be growing our philanthropic activities under the Foundation umbrella which will include financial scholarships to high school students and educators, as well as new and continued partnerships with our many outstanding community organizations.”
The Foundation said its first order of business will be a request for submissions to the Youth Scholarship Program that Advia Credit Union has offered to its members for over 10 years. High school seniors are being encouraged to submit their applications as the Foundation will award 25 college or trade school bound recipients with $1,000 scholarships this Spring.
The Advia Foundation said it has also created a new scholarship program, The Financial Literacy Enrichment Award, for teachers and educators to submit proposals for classroom programs that foster understanding, increase students’ knowledge, and provide opportunities to expand their ability to make effective and informed money management decisions.