TEFCU is hoping its new CD program will light a fire for members who want to invest in their children's futures.
The $81 million Washington, D.C., credit union said it created the FUSE (Funding Ur Student's Education) CD as a way for parents and other relatives or guardians to also invest in the future of young people.
Instead of fully funding the CD from the outset, contributions can be made weekly, bi-weekly or monthly, and the 16,000-member TEFCU said $365,000 had been committed by the end of August.
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