DAYTONA BEACH, Fla. — Addition Financial Credit Union and Bethune-Cookman University have launched a partnership that will provide students with financial education, career opportunities and other resources while making Addition Financial the university’s preferred credit union.
The partnership will include a co-branded Bethune-Cookman affinity debit card, financial education workshops, a student campus ambassador program and an internship pipeline for students interested in financial services careers.
Under the agreement, the $3.8-billion Addition Financial will donate three cents to Bethune-Cookman each time the affinity debit card is used. The donations will be provided to the university as unrestricted funds, allowing cardholders to support the school through everyday purchases, according to the credit union.
‘Important Part of Community’
“Bethune-Cookman University has been an important part of the Central Florida community for more than a century, and we are incredibly excited to work closely with its students, faculty, staff and leadership,” Addition Financial President and CEO Kevin Miller said in a statement. “This partnership goes well beyond offering pathways to traditional financial services.”
Miller said the agreement will allow the credit union to invest in students’ financial knowledge and professional development while supporting the university’s traditions.
Financial Education Planned on Campus
Addition Financial said it will provide financial education workshops for Bethune-Cookman students, faculty and staff. The workshops will focus on practical financial guidance and provide resources intended to help participants strengthen their financial knowledge and make informed decisions about their finances.
“Bethune-Cookman University and Addition Financial share a belief that preparing students for success means giving them the right tools both inside and outside the classroom,” Bethune-Cookman President Albert Mosely said in a statement.
Mosely said the partnership’s combination of financial education, professional experience and direct engagement with the campus community will help students prepare for life after graduation.
Bethune-Cookman, a historically Black university in Daytona Beach, traces its history to 1904, when educator and civil rights leader Mary McLeod Bethune founded the Daytona Literary and Industrial Training School for Negro Girls.
Internship Pipeline, Campus Ambassador
The partnership will also establish a campus ambassador position for a Bethune-Cookman student.
The ambassador will help promote the partnership, connect students and other members of the campus community with financial education resources and assist with Addition Financial’s participation in university events and activities.
Addition Financial also plans to establish an internship pipeline for Bethune-Cookman students. The program will provide students with experience in the financial services industry while helping them develop professional skills and explore potential career opportunities.
