DFI Secretary-designee Wendy K. Baumann Visits Royal Credit Union to Highlight Youth Financial Education and Credit Union Innovation

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DFI Secretary-designee Wendy K. Baumann Visits Royal Credit Union to Highlight Youth Financial Education and Credit Union Innovation 

EAU CLAIRE, Wis. — The Wisconsin Department of Financial Institutions (DFI) Secretary-designee Wendy K. Baumann and DFI Assistant Deputy Secretary Catherine Haberland visited Royal Credit Union (Royal) on Wednesday, October 1, to engage with students participating in Royal’s School $ense program, a financial education initiative that operates 30 student-run credit union branches in elementary, middle, and high schools across the state. 

The visit began at Royal’s corporate headquarters in Eau Claire, where Baumann addressed 31 fourth and fifth grade students from Robbins Elementary and Meadowview Elementary. The students were onsite to receive hands-on training to gain the skills to process transactions at their schools and to help their peers make deposits while developing healthy saving habits. Baumann spoke about the role of the DFI and emphasized the importance of confidentiality in financial institutions—an essential concept the students were learning as part of their training as Royal team members.  

Baumann and Haberland also toured Royal’s student-run credit union at Eau Claire North High School, where they met with student tellers and learned more about their internship with Royal and involvement in the Wisconsin Youth Apprenticeship program. 

“We are proud to showcase the impact of our School $ense program and the dedication of our student tellers,” said Jennifer McHugh, VP of Community Engagement at Royal Credit Union. “It’s an honor to host Secretary-designee Baumann and Assistant Deputy Secretary Haberland and share our commitment to empowering youth through financial education.” 

For more information about Royal Credit Union’s School $ense program, visit: rcu.org/SchoolSense. 

About Royal Credit Union 

Royal Credit Union is a federally insured credit union proudly serving over 300,000 Members in Minnesota and Wisconsin. Royal is driven by a core ideology built on a strong purpose and values. You can open an account or apply for a low-rate loan at Royal Credit Union if you live or work in 26 counties in western Wisconsin or 16 counties in Minnesota. Counties served in Wisconsin include Adams, Ashland, Bayfield, Barron, Buffalo, Burnett, Chippewa, Clark, Douglas, Dunn, Eau Claire, Jackson, Lincoln, Marathon, Pepin, Pierce, Polk, Portage, Price, Rusk, Sawyer, St. Croix, Taylor, Trempealeau, Washburn, and Wood.?Counties served in Minnesota include Anoka, Carver, Chisago, Dakota, Goodhue, Hennepin, Isanti, Olmsted, Pine, Ramsey, Scott, Sherburne, Wabasha, Washington, Winona and Wright. A complete list of Member eligibility requirements is available on the Royal Credit Union website. To learn more about Royal, visit rcu.org or call 800-341-9911.