Hazel Green High School celebrates student-run branch with ribbon-cutting

Dec. 14, 2021 _ The Huntsville-Madison County Chamber of Commerce and Madison County Schools joined Redstone Federal Credit Union today for a ribbon-cutting ceremony for its first credit union branch inside a Madison County School.

Hazel Green hosts Redstone’s seventh high school branch. Student tellers take deposits, cash checks, handle cash withdrawals, and make money transfers, all done under the supervision of a teacher advisor.

“We are thrilled to open our first branch in Madison County Schools. I’m so proud of these student-workers who have a real desire to serve and are doing a wonderful job. This branch, which opened at the start of the school year, is already one of our top two performing school branches, with an above-average number of transactions,’’ said Joe Newberry, Redstone’s President and CEO.

Newberry thanks Madison County Schools Superintendent Allen Perkins and the Madison County School Board for making this partnership happen.

"The opening of the Hazel Green High School branch of Redstone Federal Credit Union is an exciting day for Madison County Schools, ‘’ said Superintendent Perkins. “The impact of this strong community partnership will truly benefit our students as they learn how to manage their finances through real-life experiences. Hazel Green students will also have the opportunity to explore a career in the financial industry by working with the Redstone team."

In addition to the in-school branch, Madison County Schools also get its own affinity debit card. Each time the card is used, the school system earns money.

Redstone has released 13 affinity cards for high schools, colleges and educational organizations since its Schools Program launched in 2017. The cards have raised $532,560 for those entities.

Any Redstone member can request an affinity debit card from their branch.

About Redstone Federal Credit Union

With more than $7 billion in assets, Redstone Federal Credit Union is the largest member-owned financial institution in Alabama and one of the largest federal credit unions in the nation by assets. Based in Huntsville, Alabama, Redstone Federal Credit Union serves more than 600,000 members.
Chartered on November 28, 1951, Redstone Federal Credit Union has proudly served its members for nearly 70 years and has 27 conveniently located branches across North Alabama and Tennessee.
Redstone Federal Credit Union provides a level of service that is not generally available at other financial institutions through its philosophy of - People Helping People.

Ericka Gorman