{"id":15593,"date":"2017-09-05T19:10:22","date_gmt":"2017-09-05T19:10:22","guid":{"rendered":"http:\/\/www3.tusculum.edu\/for\/?p=15593"},"modified":"2017-09-05T19:10:22","modified_gmt":"2017-09-05T19:10:22","slug":"tusculum-college-appalachian-community-federal-credit-union-strengthening-partnership-with-installation-of-virtual-teller-machine-on-campus","status":"publish","type":"post","link":"https:\/\/www3.tusculum.edu\/news\/news\/2017\/tusculum-college-appalachian-community-federal-credit-union-strengthening-partnership-with-installation-of-virtual-teller-machine-on-campus\/","title":{"rendered":"Tusculum College, Appalachian Community Federal Credit Union strengthening partnership with installation of virtual teller machine on campus"},"content":{"rendered":"<p>Tusculum College and Appalachian Community Federal Credit Union continue to strengthen their partnership with the installation of a virtual teller machine on the Greeneville campus.<\/p>\n<p>The virtual teller machine was unveiled during a ceremony Tuesday by officials from Tusculum and ACFCU. The partnership between the college and ACFCU began last fall and initially focused on the Volunteer Income Tax Assistance program. ACFCU helped fund Tusculum\u2019s adoption of the program, overseen by longtime VITA expert Dr. Harold Branstrator, associate professor of management at the college<\/p>\n<p>By April, that partnership had resulted in more than 600 taxpayers receiving free, high-quality tax return preparation. Additionally, more than 20 Tusculum students had gained valuable experience and been exposed to ACFCU and its mission to serve low and moderate-income people and communities. One of those students, Craig Cutler, who graduated in May, now works full-time in the credit union\u2019s accounting department.<\/p>\n<p>\u201cThe Appalachian Community Federal Credit Union has provided valuable real-world experience for Tusculum students who participated in the VITA program as well as giving them an opportunity to give back,\u201d said Dr. Nancy B. Moody, president of the college. \u201cWe share a common mission with the credit union to strengthen the communities we serve and improve the quality of life for the people of this region. The partnership is a natural progression of this shared mission, and we appreciate the willingness of ACFCU to continue to work with us to provide both educational and service opportunities to Tusculum students.\u201d<\/p>\n<p>Recognizing these similarities in their missions, ACFCU and Tusculum leaders met in the spring and summer to discuss deepening the partnership. Dr. Michael Dillon, dean of the School of Business and Technology at Tusculum, proposed expanding the relationship by adding a minor in tax, while ACFCU CEO Ron Scott suggested adding courses that would train Tusculum students to teach financial literacy.<\/p>\n<p>ACFCU also provided an additional financial pledge to Tusculum to help offset costs of the deepening partnership. The first physical symbol of the partnership, the new Virtual Teller Machine, anchors what could become a full-fledged financial learning laboratory at the college.<\/p>\n<p>\u201cWhile it\u2019s just one part of a much deeper partnership with Tusculum, we believe the VTM will be a tremendous asset for students, faculty and staff of Tusculum,\u201d said ACFCU CEO Ron Scott. \u201cIt provides a convenient, full array of financial services from a trustworthy partner that is dedicated to financial literacy and reaching underserved communities, something we believe dovetails well with Tusculum\u2019s mission.\u201d<\/p>\n<p>The VTM, located in the new Ronald H. and Verna June Meen Center for Science and Math on campus, is the third that Appalachian Community Federal Credit Union has installed this year. The VTM provides ACFCU members (membership is open to the entire Tusculum family and their family members) can do virtually anything at the VTM that they can accomplish in a brick and mortar financial center. This includes deposits, loan applications, withdrawals and much more.<\/p>\n<div id=\"attachment_15595\" style=\"width: 370px\" class=\"wp-caption alignright\"><a rel=\"attachment wp-att-15595\" href=\"http:\/\/www3.tusculum.edu\/news\/news\/2017\/tusculum-college-appalachian-community-federal-credit-union-strengthening-partnership-with-installation-of-virtual-teller-machine-on-campus\/attachment\/vtmshakeweb\/\"><img aria-describedby=\"caption-attachment-15595\" loading=\"lazy\" class=\"size-full wp-image-15595\" title=\"VTMshakeweb\" src=\"http:\/\/www3.tusculum.edu\/news\/wp-content\/uploads\/VTMshakeweb.jpg\" alt=\"\" width=\"360\" height=\"240\" srcset=\"https:\/\/www3.tusculum.edu\/news\/wp-content\/uploads\/VTMshakeweb.jpg 360w, https:\/\/www3.tusculum.edu\/news\/wp-content\/uploads\/VTMshakeweb-300x200.jpg 300w\" sizes=\"(max-width: 360px) 100vw, 360px\" \/><\/a><p id=\"caption-attachment-15595\" class=\"wp-caption-text\">Dr. Nancy B. Moody, president of Tusculum College and Ron Scott, CEO of Appalachian Community Federal Credit Union,  were on hand to celebrate the expansion of their partnership with the installation of a virtual teller machine in the new Ronald H. and Verna June Meen Center for Science and Math.<\/p><\/div>\n<p>Scott said ACFCU is also looking forward to the tremendous learning opportunities the VTM and other elements of the partnership will provide to Tusculum\u2019s business programs, service learning component and other college departments. \u00a0\u201cWe\u2019re thrilled that Dr. Moody and Dr. Dillon with his strong leadership of the business department have embraced ACFCU and this innovative aspect of our partnership,\u201d Scott said.<\/p>\n<p>Dr. Moody concurred. \u201cWe are excited to see how our partnership with ACFCU can grow and provide our students with valuable learning experiences in the ever-changing world of finance as well as help them grow to be good citizens through service in such projects as VITA,\u201d she said.<\/p>\n<p>ACFCU leaders hope the credit union can provide resources for Tusculum to grow its business and service learning opportunities in ways that reflect its focus on social responsibility. \u201cIndividuals and families in our region face many financial challenges,\u201d Scott said. \u201cACFCU specializes in helping people make wise financial decisions, build their credit and gain access to fair, non-predatory lending options. We\u2019ve been pleased to discover Tusculum\u2019s similar commitment to social justice and thrilled at the college\u2019s receptivity to working together in ways that can advance both our missions and uplift the region.\u201d<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p><p>Tusculum College and Appalachian Community Federal Credit Union continue to strengthen their partnership with the installation of a virtual teller machine on the Greeneville campus.<\/p>\n<p>The virtual teller machine was unveiled during a ceremony Tuesday by officials from Tusculum and ACFCU. The partnership between the college and ACFCU began last fall and initially focused on the Volunteer Income Tax Assistance program. ACFCU helped fund Tusculum\u2019s adoption of the program, overseen by longtime VITA expert Dr. Harold Branstrator, associate professor of management at the college<\/p>\n<p><a href=\"https:\/\/www3.tusculum.edu\/news\/news\/2017\/tusculum-college-appalachian-community-federal-credit-union-strengthening-partnership-with-installation-of-virtual-teller-machine-on-campus\/\"> Read the full article&#8230;<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[7,1,6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tusculum College, Appalachian Community Federal Credit Union strengthening partnership with installation of virtual teller machine on campus :: Tusculum University<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www3.tusculum.edu\/news\/news\/2017\/tusculum-college-appalachian-community-federal-credit-union-strengthening-partnership-with-installation-of-virtual-teller-machine-on-campus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tusculum College, Appalachian Community Federal Credit Union strengthening partnership with installation of virtual teller machine on campus :: Tusculum University\" \/>\n<meta property=\"og:description\" content=\"Tusculum College and Appalachian Community Federal Credit Union continue to strengthen their partnership with the installation of a virtual teller machine on the Greeneville campus. The virtual teller machine was unveiled during a ceremony Tuesday by officials from Tusculum and ACFCU. The partnership between the college and ACFCU began last fall and initially focused on the Volunteer Income Tax Assistance program. 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