June 25th, 2017

Special Deals For Teachers

Professional Development Loans

This unsecured loan is available to assist educators with expenses related to their work field, such as continuing education and new teacher expenses. Apply for a teacher loan here.

Salary Distribution Plan

The Salary Distribution Plan is designed specifically for teachers who are paid on a 10-month basis. It automatically distributes paychecks over a 12 month period through Cornerstone Financial Credit Union. Not applicable for all school systems.

Summer Saver Plan

The Summer Saver Plan is an alternative to the Salary Distribution Plan.  This program provides flexibility for teachers on a 10-month pay cycle to save for the summer months. You choose how much you wish to have available during the summer and the funds are deducted from your paycheck and deposited into the Summer Saver account. The saved money is then distributed to you on June 1, June 15, July 1, July 15 and August 1. The account earns dividends in the same manner as the Share Savings account and these dividends are included in the August 1 payment. Not applicable for all school systems.

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