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Press Releases 1999

CHESTER YOUTH BENEFIT THROUGH GENEROSITY OF FRANKLIN MINT FEDERAL CREDIT UNION

Chester, PA - Through a donation of the Franklin Mint Federal Credit Union, Chester Youthbuild will start the millenium countdown with the computer equipment to explore new technology.

John D. Unangst, President and CEO of FMFCU since 1976 and an active community leader representing the community spirit of credit union members, had this to say: "For the Credit Union to be most progressive in technology, it is imperative to continually upgrade our computer equipment. Linking with Chester Youthbuild is a great example of Business and Community Partnership."

Along with the Chamber of Commerce, Chester Upland School District and the Chester Economic Development Authority, the Credit Union has been an active partner in Chester Youthbuild to support their mission. Chester Youthbuild offers economically and socially vulnerable young adults the opportunity to become self sufficient, responsible, contributing members of their community. The program identifies youth between the ages of 16 and 24 to be part of this program.

According to Chester Mayor Dominic Pileggi, "To be competitive in today's economy, it is vital for our young people to have the availability to gain hands on experience with computer equipment."

To learn more about Youthbuild as a sponsor or to join the young adults, call (610) 490-0205. The Franklin Mint Federal Credit Union is a full-service financial institution with 14 convenient locations and 22 popular MAC/ATM sites. Call (610) 325-5100, *7# to find out how to join FMFCU or check us out on our web site at www.fmfcu.org.

RUSSIAN VISITORS RECEIVE WARM WELCOME FROM FRANKLIN MINT FEDERAL CREDIT UNION

Broomall, PA - Through the generosity of the United States Congress, the Library of Congress hosted one of the largest exchange programs in decades this past summer, the 1999 Russian Leadership program. The Franklin Mint Federal Credit Union was chosen as one of the organizational visits for the Russian visitors.

The program's participants included approximately 2,000 Russian political and civic leaders. The goal of the Russian Leadership Program was to provide an opportunity for Russian elected officials, political candidates and emerging political and civic leaders to observe the American political system at the federal, state, county and municipal levels and to see how it produces effective, responsive government. The participants were also exposed to American work styles and behaviors within different realms of community and business.

At the request of Congressman Curt Weldon, on Tuesday, September 21st, approximately 13 Russians arrived at the Franklin Mint Federal Credit Union. After Credit Union officials welcomed the visitors, they were shown a slide presentation that had been translated into the Russian language. They were then given a tour of the Credit Union at which point they were able to ask questions and interact with members of the Credit Union staff.

John D. Unangst, President & CEO of FMFCU, along with other Credit Union staff, answered questions and offered advice on credit union products and services. According to Mr. Unangst, "The response we received from the Russian visitors seemed to be very positive. We can only hope that the relations we've established will help them with their goal to develop and strengthen their government and economic systems."

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