Press Release Archive
For Immediate Release
March 16, 2007
For More Information Contact
Catherine Milone, President
Junior Achievement of New Jersey
609-419-0404 x 108
cmilone@ja-nj.org
Pictured above (left - right) are Alex Opiela, III, Compliance Officer, YNB; Catherine Milone-Richards, President of JA-NJ; and Mary R. Brown, Senior Vice President, Compliance, YNB.
YARDVILLE NATIONAL BANK provides funding to Junior Achievement to bring FINANCIAL LITERACY PROGRAMS to local students
Hamilton, NJ - On Tuesday, March 6, 2007, Mary R. Brown, Senior Vice President of Yardville National Bank in Hamilton, presented Junior Achievement of New Jersey (JA-NJ) with a check in the amount of $6,500 to fund the implementation of Junior Achievement's (JA's) in-school and after-school financial literacy and economic education programs in Mercer County.
Plans are currently underway for a volunteer project where Yardville National Bank employees will serve as role models by teaching the JA curriculum to local students this April, which is National Financial Literacy Month.
“We feel it is our responsibility as a community bank to give back to an organization that is doing such valuable work in our community,” said Mary R. Brown “We recognize the need to provide our local students with the tools to succeed and are happy to support Junior Achievement of New Jersey in their mission,” she added.
Statistics underscore the fact that a high level of personal financial literacy and responsibility is not reality nationwide. According to the American Savings Education Council, "61% [of parents] feel it is the responsibility of both parents and the child's school" to teach their children about finances. However, when parents were asked about their efforts to instill financial knowledge, only 28% said they have taught their children the value of money, according to research by Public Agenda.
"While a simple understanding of checking and savings accounts may have sufficed for our parents, our children require a broader range of knowledge to make sound financial decisions. They need to know about budgeting and the implications of mismanaging credit. They must understand the true cost of financing and how to budget for future needs of education and retirement", states Catherine Milone-Richards, President of JA-NJ.
Household debt increased at an 11.5% annual rate in the second quarter of 2003, the largest increase in 15 years, according to the Federal Reserve. Associated with this was a rise in non-business bankruptcies over the past 10 years, up 98% since 1994. At the same time, the personal savings rate has been cut in half, and in December 2003, the overall personal savings rate was the lowest since 1945.
These concerns have been echoed widely and are at the heart of the growing interest in recent years to develop and provide financial literacy programs. To this end, JA Worldwide has developed relevant and age-appropriate financial literacy programs for students from kindergarten through 12th grade that provide for the hands-on application of knowledge and correlate to the New Jersey Core Curriculum Content Standards.
About Yardville National Bank
YNB’s thirty-three branches serve individuals and businesses in Mercer, Hunterdon, Somerset, Burlington, Middlesex and Ocean Counties in New Jersey, and Bucks County, Pennsylvania. Located in the dynamic business corridor between New York City and Philadelphia, YNB offers a broad range of lending, deposit and other financial products and services as well as the “always-open” convenience of ynb.com 24 hours a day, 7 days a week. At December 31, 2006, YNB had $2.62 billion in assets.
For Immediate Release
March 12, 2007
For More Information Contact
Dawn Schwartz, Director of Development
Junior Achievement of New Jersey
609-419-0404 x 108
dschwartz@ja-nj.org
Bowling for Dollars and Fun . . . .
For Immediate Release
February 1, 2007
For More Information Contact:
Catherine Milone-Richards, President
Junior Achievement of New Jersey
609-419-0404 x 108
Pictured above are W. R. James Elementary School Principal, Lorraine Foy (front row, far left), and Wachovia employees.
Wachovia partners with Junior Achievement to bring the "economics of life" to local students
Willingboro, NJ – Wachovia has partnered with Junior Achievement of New Jersey (JA-NJ) to provide financial literacy and economic educational programs to students in southern New Jersey. On Wednesday, January 24, approximately 21 employee volunteers from Wachovia went into 18 classrooms at W.R. James Elementary School in Willingboro, NJ and taught the JA curriculum to about 338 students in grades K through four as part of a JA In-a-Day program.
Wachovia and its employee volunteers provided these children with an interactive, colorful and information-rich curriculum produced and supplied by JA. These volunteers gave of their time and themselves, teaching and connecting with the students. They taught about business, economics and life skills, instilling confidence and driving home the economic value of a diploma.
About WachoviaWachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, providing 13.4 million household and business relationships with a broad range of banking, asset management, wealth management and corporate and investment banking products and services. Wachovia operates as Wachovia Bank through 3,159 offices in 16 states from Connecticut to Florida and west to Texas, and until merger integration activity is completed, will continue to be known as Western Financial Bank in California. Two core businesses operate under the Wachovia Securities brand name: retail brokerage in 49 states and in Latin America, and corporate and investment banking in selected industries nationwide. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. Wachovia had assets of $541.8 billion, market capitalization of $90.2 billion and stockholders' equity of $49.8 billion at March 31, 2006.
For Immediate Release
January 9, 2007
For More Information Contact
Catherine Milone, President
Junior Achievement of New Jersey
609-419-0404 x 108
cmilone@ja-nj.org
Market Wire News Release:
ETS President and CEO Kurt Landgraf to Be Inducted Into New Jersey Business Hall of Fame
01/09/2007 - PRINCETON, NJ - (MARKET WIRE) - Kurt M. Landgraf, president and CEO of ETS, will be inducted into the New Jersey Business Hall of Fame for his lifetime achievements and their positive impact on New Jersey. The selection was made by a committee comprising leaders from the three partnering organizations -- Junior Achievement of New Jersey, the New Jersey Business and Industry Association, and The Star Ledger.
Want to read more about it?
http://www.marketwire.com/mw/iwprf?id=201364
For Immediate Release
December 12, 2006
For More Information Contact
973-226-4494, ext. 207
Governor Corzine Declares January Financial Literacy Month in New Jersey
ROSELAND, NJ – Financial illiteracy is a national crisis. Americans spend $1.22 for every $1.00 they earn. An ominously growing trend, more than two million Americans filed for bankruptcy in 2005. And credit card debt is another cause for concern. Americans have an average credit card balance of about $8,000, and 10 percent of all cardholders have balances of $10,000 or more. It’s clear: Americans need more and better financial education.
The New Jersey Society of Certified Public Accountants (NJSCPA) is undertaking a major effort to meet the needs of Garden State residents with information about managing their personal finances more effectively. To help support the initiative, Governor Jon Corzine has proclaimed January 2007 as Financial Literacy Month. [View proclamation]
A cornerstone of this effort, NJSCPA seminars held during January and beyond are open to the public. January’s schedule is:
The NJSCPA also provides the public free access to valuable consumer information and special resources at its MoneyMattersNJ.com website. There, people will find facts, practical insight and useful tips conveniently organized in categories that match today’s lifestyles. Visitors can subscribe to Your Money Matters, a free monthly e-newsletter, packed with up-to-the-minute news and information.
The MoneyMattersNJ.com website also provides a jumping off point for even more special services, including Find-A-CPA, to help people locate a CPA based on location, firm size and even languages spoken; and the New Jersey CPA Help Center that offers free assistance to New Jersey residents in crisis.
To keep people aware of financial literacy 365 days a year, the Society is offering a handy 2007 Financial Fitness calendar. Monthly topics are highlighted, including "Savvy Strategies for Tax Refunds," "Improving Your Credit Score," "Estate Planning" and others. To receive a complimentary copy of this full-color calendar or to register for one of our seminars, please visit www.MoneyMattersNJ.com
The New Jersey Society of Certified Public Accountants, with more than 14,500 members, represents the interests of the accounting profession and advances the financial well-being of the people of New Jersey. The NJSCPA plays a leadership role in supporting the profession by providing members with educational resources, access to shared knowledge and a continuing effort to create and expand professional opportunities.
Editors Please Note: Electronic copies of this news release are available for your convenience.
Please send a message to media@njscpa.org to request a copy of the story. Please identify it with a few key words from the headline, and specify whether you prefer to receive the text as part of the body of an email message, or as an ASCII text or MS Word attachment. You can also get electronic copies of NJSCPA news releases and Money Matters columns at www.njscpa.org/media.
For Immediate Release
December 4, 2006
For More Information Contact
Catherine Milone, President
Junior Achievement of New Jersey
609-419-0404 x 108
cmilone@ja-nj.org
VOLUNTEERS FROM JUNIOR ACHIEVEMENT OF NJ BRING THE “ECONOMICS OF LIFE” TO CAMDEN STUDENTS
Global volunteer organization delivers important message on value of diploma with help of their board members and other employee business volunteers.
***Sponsored by Allstate New Jersey & Allstate Foundation***
Camden, NJ – On Friday, December 1st, 28 volunteer members of Junior Achievement of New Jersey’s (JA-NJ) South District Board of Directors and other business employee volunteers went into every classroom at F. X. McGraw Elementary School in Camden, NJ and taught the interactive and informative curriculum produced and supplied by JA to 391 students in grades kindergarten through five as part of a JA In-a-Day program.
These dedicated volunteers provided financial literacy and economic educational programs to local students, teaching them the necessary skills to compete in a global, information-based atmosphere with confidence while driving home the economic value of a diploma. Funding for this event was provided by Allstate New Jersey and the Allstate Foundation. Fourteen JA-NJ board members, other business employee volunteers, and a representative from Senator Lautenberg’s office participated in this event. These volunteers represented the following fourteen NJ companies:
Allstate New Jersey
AXA Advisors, LLC
Bank of America
Citizens Bank
Commerce Bank
Earp Cohn P. C.
Lincoln Investment Planning, Inc.
Lockheed Martin
PHH Mortgage Corporation
PNC Bank
South Jersey Industries
Source4Teachers
UBS Financial Services, Inc.
Verizon
“We are thrilled to receive volunteer support from our board members and other businessmen and women. These volunteers impart their experience and financial knowledge to students who are starting to learn the value of personal financial literacy and the economics of life,” said Catherine Milone-Richards, President of Junior Achievement of New Jersey.
JA In-a-Day is a half-day event at the elementary school level that gives community volunteers the opportunity to teach JA’s financial literacy and workplace readiness curriculum in a condensed time frame. JA’s activity-based programs are taught over the course of one school day as opposed to the traditional implementation method over five consecutive weeks. This program is a powerful team-building experience as well as a memorable community service project. The benefit for the school is a free program that meets educational standards, with minimal time taken from the classroom.
About The Allstate Foundation
Established in 1952, The Allstate Foundation is an independent, charitable organization made possible by The Allstate Corporation and Allstate New Jersey Insurance Company. The Allstate Foundation sponsors community initiatives to promote "safe and vital communities"; "tolerance, inclusion, and diversity"; and "economic empowerment." The Allstate Foundation believes in the financial potential of every individual and in helping America's families achieve their American dream.
For Immediate Release
November 6, 2006
For More Information Contact:
Catherine Milone-Richards, President
Junior Achievement of New Jersey
609-419-0404 x 108
cmilone@ja-nj.org
http://nj.ja.org
Pictured above with the students from the B. O. Y. D. Program at PJ Hill Elementary School are Mercer County Freeholder, Pasquale Colavita (center), and Michael Troutman, JA-NJ Program/Marketing Manager (far right).
MERCER COUNTY FREEHOLDER PASQUALE COLAVITA VISITS TRENTON AFTERSCHOOL PROGRAM AT PJ HILL ELEMENTARY SCHOOL
Trenton, NJ - Boys of Distinction and Girls of Grace (B.O.Y.D. Program) of PJ Hill Elementary School began Junior Achievement (JA) in a grand way! Mercer County Freeholder Pasquale Colavita, Jr. and Junior Achievement of NJ (JA-NJ) President Catherine Milone-Richards, joined in to congratulate the students on their way to learning JA’s "It’s My Business". The Freeholder gave the boys a lesson in perfecting the knot in their ties as they went on to learning how to market and sell products. The JA “It’s My Business” curriculum will be administered to the students by Founder Bruce Boyd, Educator Natasha Sykes, and JA-NJ Program/Marketing Manager, Michael Troutman.
The B.O.Y.D. program was founded by Bruce Boyd. Building Our Youth's Development (B.O.Y.D) was established to foster character in the youth of today. “In building that character, we felt it was necessary to equip the young people with knowledge of business, which is essential to their being,” quotes Mr. Boyd. To learn more about B.O.Y.D., visit www.boyd-nj.org.
Sponsorship of JA’s “It’s My Business” Program is made possible by the generosity of PSE&G. PSE&G is partnering with Junior Achievement of New Jersey to sponsor afterschool programs that teach students the basic concepts of financial literacy, economic education, entrepreneurship and how education is relevant to the workplace.
“PSE&G is proud to partner with Junior Achievement on a number of educational initiatives,” said Don Tretola, Public Affairs Manager for PSE&G, and a JA-NJ Board Member. “When we invest in our youth, we invest in the future.”
What is the JA Afterschool™ Initiative?
Junior Achievement Afterschool™ is a national initiative dedicated to meeting the need for hands-on, quality educational experiences for K-12th grade students beyond traditional classroom hours. These programs focus on entrepreneurship, work readiness, and personal finance and align with NJ’s Core Curriculum Content Standards. To implement, JA collaborates with afterschool organizations, such as NJ After 3, to provide their program with a structured, turn-key curriculum they incorporate as part of their afterschool content.
About PSE&G
Public Service Electric and Gas Company (PSE&G) is New Jersey’s oldest and largest regulated gas and electric delivery utility, serving nearly three-quarters of the state’s population. PSE&G is the winner of the ReliabilityOne National Achievement Award for superior electric system reliability. PSE&G is a subsidiary of Public Service Enterprise Group Incorporated (PSEG) (NYSE:PEG), a diversified energy company (www.pseg.com).
FOR IMMEDIATE RELEASE
August, 2006
For More Information Contact
James Griffin
Allstate New Jersey
Phone: 908.252.5036
Pager: 1.800.759.8888/PIN # 1147422
jgrik@allstate.com
Allstate Personal Financial Representative from Mt. Laurel, NJ Receives Allstate Community Service Honor
August, 2006 (Mt. Laurel – Princeton, New Jersey) – For many* years, Bob Satterfield of Mt. Laurel, NJ, an Allstate Personal Financial Representative with Allstate New Jersey Insurance Company (Allstate New Jersey), has served the Mt. Laurel/Burlington County community – playing a vital role in the development of many community service organizations. Satterfield, who works with Jerry Braatz, an Exclusive Agent with Allstate New Jersey, serves on the Board of Directors of the Southern New Jersey chapter of Junior Achievement-New Jersey (JA-NJ). Statewide, the Garden State chapter of JA is headquartered in Princeton, New Jersey.
*revision
For his work, the veteran of the New Jersey insurance/financial services industry was recently named a 2006 finalist for Allstate Insurance Company’s Ray Lynch Community Service Award, which recognizes Allstate agents and personal financial representatives dedicated to making positive contributions in the communities they serve. Satterfield said, “I’m very appreciative of The Allstate Foundation for its consistent support of JA-NJ and for Allstate New Jersey, a company that encourages community volunteerism on the part of agents and employees.”
One Ray Lynch Award finalist in each of Allstate’s 14 regions receives $500 from The Allstate Foundation to distribute to a non-profit organization in the community. The annual award winner receives a $5,000 Allstate Foundation grant for a local, charitable organization.
The Ray Lynch Award is dedicated to the memory of Allstate agent Ray Lynch of Fayetteville, N.C. Lynch built a successful agency around a remarkable record of service to his family, church and community. During his 32 years as an Allstate agent, Lynch earned many Company honors. In 1999, Lynch passed away. Inspired by his example, Allstate created this community service award in his honor.
About The Allstate Foundation
Established in 1952, The Allstate Foundation is an independent, charitable organization made possible by The Allstate Corporation and Allstate New Jersey Insurance Company. The Allstate Foundation sponsors community initiatives to promote “safe and vital communities”; “tolerance, inclusion, and diversity”; and “economic empowerment.” The Allstate Foundation believes in the financial potential of every individual and in helping America's families achieve their American dream.
Now celebrating the 75th anniversary of the founding of The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer. Widely known through the “You’re In Good Hands With Allstate®” slogan, Allstate helps individuals in approximately 17 million households protect what they have today and better prepare for tomorrow through approximately 14,100 exclusive agencies and financial professionals in the U.S. and Canada. Customers can access products and services such as auto insurance and homeowners insurance through agencies, or in select states at allstate.com and 1-800 Allstate®. EncompassSM and Deerbrook® Insurance brand property and casualty products are sold exclusively through independent agents. The Allstate Financial Group provides life insurance, supplemental accident and health insurance, annuity, banking and retirement products designed for individual, institutional and worksite customers that are distributed through Allstate agencies, independent agencies, financial institutions and broker-dealers.
For Immediate Release
April 25, 2006
For More Information Contact
Catherine Milone-Richards, President
609-419-0404 x 108
cmilone@ja-nj.org
JUNIOR ACHIEVEMENT VOLUNTEERS MEAN BUSINESS DURING NATIONAL VOLUNTEER WEEK
Princeton, NJ (Princeton Online) – April 21-27 is National Volunteer Week. During this week, business people throughout New Jersey will be recognized as they contribute their time and help students better understand the world of work as Junior Achievement volunteers.
The presence of influential mentors in the classroom, together with JA’s instructional materials and techniques, form a powerful combination in teaching young students about economics. These efforts have helped participating New Jersey schools raise the bar in teaching important concepts in financial literacy and entrepreneurship.
How special for a young person to have a top executive from one of New Jersey’s premier corporations visit their classroom and teach one of JA’s activity-based lessons on financial literacy! This experience has a tremendous impact not only on the students but on our volunteer role models as well, as evidenced by the following comments from some of our JA-NJ board members:
HSBC – Pat Cozza: Group Executive of HSBC Insurance Services & Taxpayer Financial Services
"As an organization committed to financial literacy, HSBC employees are keenly aware of the critical role early education plays in creating a generation of knowledgeable consumers. JA is one of the best ways to reach not only young people, but their families, as we know that the students go home and share what they have learned in class."
PSE&G – Don Tretola: Regional Public Affairs Manager
"PSE&G is proud to partner with Junior Achievement on a number of educational initiatives. When we invest in our youth, we invest in the future!"
Verizon - Bill Foshay: Senior Vice President & General Manager
"Our employees are committed to improving the quality of life in our communities; it's part of who we are as a business and as individuals. We're pleased to be able to partner with Junior Achievement in support of programs throughout New Jersey that will help educate future business leaders. In the classroom, I have personally witnessed the feeling of empowerment a child experiences when they realize the opportunities available to them in business – be it a sole proprietorship, partnership or corporation. This is a noble cause and is one of the ways Verizon makes a difference in our communities".
Computer Associates – Ronald Torre: Vice President, Technical Support
"Giving back to the community is what it’s all about. That’s exactly what we’ve accomplished through our partnership with JA of NJ. Through our relationship with JA we’re able to reach out to tomorrow’s leaders by mentoring and instructing students to take advantage of what the world has to offer. Our experience in working with the children can be thought of as planting a seed and watching it grow into a tree".
Lucent Technologies – Glenn Coleman: Finance Vice President, Americas Controller
"I was amazed at how much of an impact 6 hours in the classroom had on the kids, as well as on me. The program content and structure made it fun for the kids to learn and for me to teach. They were really excited about the program (2nd grade program) and looked forward to each classroom session we spent together. The end result was great participation by the kids, which resulted in them having a much better understanding about how a community works".
Lockheed Martin – Pamela Hansen Hargan: Vice President, Human Resources
"Our responsibility is to continue developing inspired leaders to guide our businesses, communities, and world as technology and markets diversify and grow. Continuing the Lockheed Martin Junior Achievement partnership will enable us to reach beyond boundaries and enhance the free enterprise system".
Lincoln Investment Planning, Inc. - John M. Natale: Regional Manager
"As a child, one special person stepped up and made a difference in my life. By getting involved with JA you may be that one special person that makes a difference in the life of a child".
HSBC - Kirk Bryans: Group Director, Sales
"HSBC and JA continue to be strong partners sharing in the common goal to educate the youth of New Jersey on financial literacy. The classroom program is so much fun. I don’t know who gets more out of it, the kids or our employees."
Accenture - Bradford Gruby: Partner
As Catherine Milone-Richards, JA-NJ President, has said, "Junior Achievement programs could not have the profound impact they have on young people without the support of volunteers from the business community."
About Junior Achievement
Junior Achievement is the world's largest organization dedicated to educating young people about business, economics and free enterprise. Through a dedicated volunteer network, JA provides in-school and after-school programs for students in grades K-12. JA offers educational programs that focus on seven key content areas: business, citizenship, economics, entrepreneurship, ethics/character, financial literacy, and career development. Today more than 142 offices reach approximately four million students in the United States, with more than three million students served by operations in 96 countries worldwide. For more information, visit www.ja.org.
For Immediate Release
April 15, 2006
For More Information Contact
http://www.house.gov/list/speech/ky02_lewis/financial.html
The Lewis Letter
By U.S. Representative Ron Lewis
Financial Literacy Month
The U.S. House of Representatives passed a resolution last week to designate April as Financial Literacy Month. The resolution, sponsored by Rep. Judy Biggert (R-IL), raises public awareness about the importance of financial education and calls on the President to issue a proclamation of support for Financial Literacy Month.
Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare and retirement. Studies indicate that most of young adults struggle to grasp even the most basic financial principles that will allow them to manage money and prepare for their future. This is a problem that can be solved through increased economic education and public awareness about the importance of financial responsibility and the serious consequences that can result from poorly managed personal finances.
Increased awareness and education could be a great help toward improving spending and saving habits and increasing participation and contribution levels to retirement plans. It is never too early to encourage long-term savings. Whether you are just entering the workforce or nearing retirement age, planning for the future is critical.
A Retirement Confidence Survey conducted in 2004 found that only 42 percent of workers surveyed have calculated how much money they will need to save for retirement and four in 10 workers say that they are not currently saving for retirement. Those of us in Congress often use the term “three-legged stool” to describe the necessary elements for a financially secure retirement: a combination of Social Security, employer pension, and personal savings. While Social Security has traditionally formed a foundation for retirement savings, it is only one leg of the stool. Americans must also take advantage of corporate savings vehicles like 401(k)’s and personal savings.
Employer contribution pension plans have become increasingly popular throughout the past two decades. More than 42 million workers currently participate in a defined contribution plan. But many of these people are not saving enough. Congress is moving forward with comprehensive legislation to update the rules that govern pension systems; providing funding reforms for single and multiemployer pension plans, new disclosure provisions that will allow employees to be able to find out the exact status of their plans, and measures to prevent employers from using bankruptcy to walk away from their pension obligations.
Without significant reform, the Social Security Administration will be legally and financially unable to pay full promised benefits within a generation. Since Social Security faces a large gap between what it promises younger workers and what it can afford to pay them, private savings will likely need to play a larger role in retirement planning for younger workers. Though Congress continues to explore possible solutions to ensure social security solvency, everyone must take personal responsibility to prepare their own retirement savings accordingly
Earlier this month, The Financial Literacy and Education Commission unveiled a new national strategy in their report "Taking Ownership of the Future: The National Strategy for Financial Literacy." The report outlines a series of outreach and education goals for the public and private sectors aimed to help Americans improve their understanding of financial issues such as credit management, savings, and homeownership.
It is my great hope that this report, along with the House-passed resolution, will elevate national attention to the important educational and public awareness goals of Financial Literacy Month. It is incumbent upon each of us to improve spending and savings practices to ensure our own individual financial security and preserve the collective economic well-being of our great society.
For Immediate Release
March 7, 2006
For More Information Contact
Catherine Milone, President
609-419-0404 x 108
cmilone@ja-nj.org
BRIAN J. DUNLAP ELECTED TO JUNIOR ACHIEVEMENT STATE BOARD OF DIRECTORS
Princeton, NJ (Twp) – Brian J. Dunlap, Executive Vice President and Chief Sales Officer of CIT Vendor Finance’s Global Major Relationships unit, has been elected to serve on the State Board of Directors of Junior Achievement of New Jersey.
"We are pleased to partner with Brian Dunlap and CIT to help ensure the future success of JA in New Jersey," said Catherine Milone-Richards, President of Junior Achievement of New Jersey. "Brian Dunlap's leadership in the business community will be a major plus for the organization."
Mr. Dunlap joined CIT in October 2004 with over 23 years of experience. Prior to joining CIT, he was founding Executive Director of the New Jersey Business Force homeland security public/private partnership program, spearheaded by Business Executives for National Security (BENS). Previously, Mr. Dunlap was Vice President of Product Market Management and Worldwide Marketing, Optical Networking Group at Lucent Technologies, and Senior Vice President, Marketing and E-Business, Telecom Financial Services for General Electric Capital’s Vendor Finance unit. Prior to GE Capital, he held senior level positions at AT&T, Lucent, and Bell Laboratories.
He holds an AAS in Electromechanical Technology from Union County Technical Institute, a BS in Electronics Technology from Thomas A. Edison State College, and a Masters of Management Science in Management Information Systems from Stevens Institute of Technology. Mr. Dunlap resides in Mendham Township, NJ with his wife, Joanne, and their two children.
"I am delighted to be selected to serve on the State Board of Directors," said Dunlap. "I look forward to using my past experience in public/private partnerships to further expand business memberships for Junior Achievement of New Jersey and enhance the State Board’s initiatives to reach more students throughout New Jersey."
About CIT Vendor Finance
CIT Vendor Finance is a global leader in financing solutions that drive incremental revenues for manufacturers, distributors, and other intermediaries. With over $13 billion in assets, CIT Vendor Finance has operations in more than 30 countries, supporting a wide variety of industries, including health care, industrial equipment, and technology. Vendor relationships include Avaya, Dell, Snap-on, and Toshiba.
About CIT
CIT Group Inc. (NYSE: CIT), a leading commercial and consumer finance company, provides clients with financing and leasing products and advisory services. Founded in 1908, CIT has nearly $60 billion in assets under management and possesses the financial resources, industry expertise and product knowledge to serve the needs of clients across approximately 30 industries. CIT, a Fortune 500 company and a component of the S&P 500 Index, holds leading positions in vendor financing, factoring, equipment and transportation financing, Small Business Administration loans, and asset-based lending. With its Global Headquarters in New York City and Corporate Offices in Livingston, New Jersey, CIT has approximately 6,000 employees in locations throughout North America, Europe, Latin and South America, and the Pacific Rim. For more information, visit www.cit.com.
For Immediate Release
January 25, 2006
For More Information Contact
Catherine Milone-Richards, President
Junior Achievement of New Jersey
609-419-0404 x 108
cmilone@ja-nj.org
PHH corporation partnering with Junior Achievement to bring after-school programs to local students
Camden, NJ – PHH Corporation (NYSE: PHH) is partnering with Junior Achievement (JA) of New Jersey to sponsor after-school programs that teach local students the basic concepts of financial literacy, economic education, entrepreneurship, and how education is relevant to the workplace. The JA "More than Money" curriculum is being administered to ten classes totaling 200 students at Coopers Poynt School in Camden.
Cooper’s Poynt is PHH’s "corporately adopted" school, and the company hosts a variety of programs for the school throughout the year, including a back-to-school supply drive, a clothing drive, and a holiday gift drive.
What is the JA After-school Initiative?
Junior Achievement After-school is a national initiative dedicated to meeting the need for quality, educational after-school programming. JA’s after-school efforts utilize a variety of Junior Achievement’s K-12th grade business and economic programs to create rich, engaging after-school experiences for at-risk children in diverse communities across America. Moving forward, JA will continue to research, develop and evaluate new programs that will be designed specifically for the after-school time frame.
Why this Initiative?
The hours immediately after school are when many unsupervised kids get into trouble. JA believes it can help promote after school as a safe, educational time of day by partnering with traditional after-school providers.
The Need
Many parents and working families in NJ currently lack access to meaningful after-school programs for their children. As a result, too many children are left unsupervised after the school day ends. These after-school access problems are greater for many minorities and disadvantaged communities. In addition, young people are leaving school without basic knowledge of economic concepts and financial literacy.
About Junior Achievement
Junior Achievement is the world's largest organization dedicated to educating young people about business, economics and free enterprise. Through a dedicated volunteer network, JA provides in-school and after-school programs for students in grades K-12. JA offers educational programs that focus on seven key content areas: business, citizenship, economics, entrepreneurship, ethics/character, financial literacy, and career development. Today over 140 offices reach four million students in the United States, with over two million students served by operations in 97 countries worldwide. For more information, visit www.ja.org.
About PHH Corporation
Headquartered in Mount Laurel, NJ, PHH Corporation is a leading outsource provider of mortgage and vehicle fleet management services. Its subsidiary PHH Mortgage is one of the top ten retail originators of residential mortgages in the United States1, and its subsidiary PHH Arval is the second-largest fleet management services provider in the United States and Canada2. For additional information about the company and its subsidiaries please visit our Web site at www.phh.com.
1
Inside Mortgage Finance, November 20052
Automotive Fleet Fact Book, June 2005
For Immediate Release
December 20, 2005
For More Information Contact
Catherine Milone-Richards, President
Junior Achievement of New Jersey
609-419-0404 x 108
cmilone@ja-nj.org
MERCER CTY PHOTO OPP: PSE&G partnering with Junior Achievement to bring after-school programs to local students
Trenton, NJ – PSE&G is partnering with Junior Achievement (JA) of New Jersey to sponsor after-school programs that teach local students the basic concepts of financial literacy, economic education, entrepreneurship & how education is relevant to the workplace. The JA "More than Money" curriculum will be administered to 65 students at the P.J. Hill Elementary School in Trenton on Thursdays and Fridays beginning December 15, 2005.
"PSE&G is proud to partner with Junior Achievement on a number of educational initiatives," said Don Tretola, Public Affairs Manager for PSE&G, and a JA Board Member. "When we invest in our youth, we invest in the future."
What is the JA After-school Initiative?
Junior Achievement After-school is a national initiative dedicated to meeting the need for quality, educational, after-school programming. JA’s after-school efforts utilize a variety of Junior Achievement’s K-12th grade business and economic programs to create rich, engaging after-school experiences for at-risk children in diverse communities across America. Moving forward, JA will continue to research, develop and evaluate new programs that will be designed specifically for the after-school time frame.
Photo Opportunity Details:
Date: Thursday, December 22, 2005
Time: 3:30 pm
Place: P.J. Hill Elementary School
1010 E. State Street
Trenton, NJ 08609
Why this initiative?
The hours immediately after school are when many unsupervised kids get into trouble. JA believes it can help promote after school as a safe, educational time of day by partnering with traditional after-school providers.
The Need
Many parents and working families in NJ currently lack access to meaningful after-school programs for their children. As a result, too many children are left unsupervised after the school day ends. These after-school access problems are greater for many minorities and disadvantaged communities. In addition, young people are leaving school without basic knowledge of economic concepts and financial literacy.
About Junior Achievement
Junior Achievement is the world's largest organization dedicated to educating young people about business, economics and free enterprise. Through a dedicated volunteer network, JA provides in-school and after-school programs for students in grades K-12. JA offers educational programs that focus on seven key content areas: business, citizenship, economics, entrepreneurship, ethics/character, financial literacy, and career development. Today over 140 offices reach four million students in the United States, with over two million students served by operations in 97 countries worldwide. For more information, visit www.ja.org.
About PSE&G
Public Service Electric and Gas Company (PSE&G) is New Jersey’s oldest and largest regulated gas and electric delivery utility, serving nearly three-quarters of the state’s population. PSE&G is the winner of the ReliabilityOne National Achievement Award for superior electric system reliability. PSE&G is a subsidiary of Public Service Enterprise Group Incorporated (PSEG) (NYSE:PEG), a diversified energy company (www.pseg.com).
PSE&G partnering with Junior Achievement to bring after-school programs to local students
Trenton, NJ – PSE&G is partnering with Junior Achievement (JA) of New Jersey to sponsor after-school programs that teach local students the basic concepts of financial literacy, economic education, entrepreneurship & how education is relevant to the workplace. The JA "More than Money" curriculum will be administered to 65 students at the P.J. Hill Elementary School in Trenton on Thursdays and Fridays beginning December 15, 2005.
"PSE&G is proud to partner with Junior Achievement on a number of educational initiatives," said Don Tretola, Public Affairs Manager for PSE&G, and a JA Board Member. "When we invest in our youth, we invest in the future."
What is the JA After-school Initiative?
Junior Achievement After-school is a national initiative dedicated to meeting the need for quality, educational, after-school programming. JA’s after-school efforts utilize a variety of Junior Achievement’s K-12th grade business and economic programs to create rich, engaging after-school experiences for at-risk children in diverse communities across America. Moving forward, JA will continue to research, develop and evaluate new programs that will be designed specifically for the after-school time frame.
Why this initiative?
The hours immediately after school are when many unsupervised kids get into trouble. JA believes it can help promote after school as a safe, educational time of day by partnering with traditional after-school providers.
The Need
Many parents and working families in NJ currently lack access to meaningful after-school programs for their children. As a result, too many children are left unsupervised after the school day ends. These after-school access problems are greater for many minorities and disadvantaged communities. In addition, young people are leaving school without basic knowledge of economic concepts and financial literacy.
About PSE&G
Public Service Electric and Gas Company (PSE&G) is New Jersey’s oldest and largest regulated gas and electric delivery utility, serving nearly three-quarters of the state’s population. PSE&G is the winner of the ReliabilityOne National Achievement Award for superior electric system reliability. PSE&G is a subsidiary of Public Service Enterprise Group Incorporated (PSEG) (NYSE:PEG), a diversified energy company (www.pseg.com).
For Immediate Release
December 19, 2005
For More Information Contact
Catherine Milone, President
Junior Achievement of New Jersey
609.419.0404 ext 108
cmilone@ja-nj.org
Janssen Pharmaceutica Products, L.P. Invests in Trenton Students through Junior Achievement
Trenton, NJ - On December 15 & 16, 2005, Janssen Pharmaceutica volunteers will visit 120 Trenton kids and participate in Junior Achievement’s JA In-2-Days Program.
"JA In-2-Days" is an event that gives corporate volunteers the opportunity to serve as positive role models to students while delivering Junior Achievement’s economic education curriculum. The mission is to educate and inspire young children to be successful. Students and their volunteer consultants experience JA through fun, activity based, age-appropriate lessons. These educational programs focus on seven key content areas: business, citizenship, economics, entrepreneurship, ethics/character, financial literacy, and career development. But volunteering for Junior Achievement (JA) is more than an academic experience. JA volunteers act as mentors and leaders to young people; inspiring kids to succeed, encouraging their dreams and helping to visualize clear possibilities in their lives.
JA’s Elementary School Programs are designed to show students how and why people assume roles as citizens, consumers, workers and employers. For example, first grade students learn the difference between a need and a want, and how jobs provide for family members’ needs and wants.
Third grade students learn about various careers found within a city, and even role-play as newspaper reporters, city planners, construction workers, restaurant owners and bankers. During one activity, 3rd grade students examine the purpose of a newspaper (as a communication tool), as well as the role of the reporter, generating and organizing articles for a class newspaper.
About Janssen Pharmaceutica Products, L.P.
Janssen Pharmaceutica Products, L.P., is a member of the Johnson & Johnson family of companies, the world’s most comprehensive and broadly based manufacturer of health care products. Janssen Pharmaceutica has a long track record in developing and marketing treatments for central nervous system disorders, pain, fungal infections and gastrointestinal conditions. It is based in Titusville, NJ. More information on the company can be found at
For Immediate Release
December 12, 2005
For More Information Contact
Catherine Milone, President
Junior Achievement of New Jersey
609.419.0404 ext 108
cmilone@ja-nj.org
Corporations Invest in Newark Students Through Junior Achievement
Newark, NJ - On December 16, 2005, Lucent Technologies, Verizon, and Verizon Wireless volunteers will visit 300 Newark kids and participate in Junior Achievement’s JA In-a-Day Program. "JA In-a-Day" is an event that gives corporate volunteers the opportunity to serve as positive role models to students while delivering Junior Achievement’s economic education curriculum. The mission is to educate and inspire young children to be successful. Students and their volunteer consultants experience JA through fun, activity based, age-appropriate lessons. These educational programs focus on seven key content areas: business, citizenship, economics, entrepreneurship, ethics/character, financial literacy, and career development. But volunteering for Junior Achievement (JA) is more than an academic experience. JA volunteers act as mentors and leaders to young people; inspiring kids to succeed, encouraging their dreams and helping to visualize clear possibilities in their lives.
JA’s Elementary School Programs are designed to show students how and why people assume roles as citizens, consumers, workers and employers. For example, first grade students learn the difference between a need and a want, and how jobs provide for family members’ needs and wants. Third grade students learn about various careers found within a city, and even role-play as newspaper reporters, city planners, construction workers, restaurant owners and bankers. During one activity, 3rd grade students examine the purpose of a newspaper (as a communication tool), as well as the role of the reporter, generating and organizing articles for a class newspaper.
Event Details
When: Friday, December 16, 2005
Where: Alexander Street School, 43 Alexander Street, Newark, NJ 07106
Event Benefits: The benefit to participating companies is a powerful team-building experience as well as a memorable community service project. The benefit to the school is a free program that meets educational standards with minimal time taken from the classroom.
About Verizon Communications Inc.
About Verizon Wireless
Verizon Wireless owns and operates the nation’s most reliable wireless network, serving 49.3 million voice and data customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE: VOD and LSE). Find more information on the Web at www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
About Lucent Technologies
Lucent Technologies designs and delivers the systems, services and software that drive next-generation communications networks. Backed by Bell Labs research and development, Lucent uses its strengths in mobility, optical, software, data and voice networking technologies, as well as services, to create new revenue-generating opportunities for its customers, while enabling them to quickly deploy and better manage their networks. Lucent's customer base includes communications service providers, governments and enterprises worldwide. For more information on Lucent Technologies, which has headquarters in Murray Hill, N.J., USA, visit www.lucent.com.
For Immediate Release
October 11, 2005
For More Information Contact
Ellen Motts
Junior Achievement of New Jersey
609-419-0404 x 110
emotts@ja-nj.org
HSBC partners with Junior Achievement of NEW JERSEY to bring the "economics of life" to local students
NJ - HSBC, one of the largest banking and financial services organizations in the world, has partnered with Junior Achievement of New Jersey to teach local students the "economics of life." On October 26, 2005, HSBC employees from Bridgewater offices will visit classrooms* and deliver JA curriculum through its JA In-a-Day program to students* from kindergarten thru 5th grade.
*revision
"JA In-a-Day" is an organized event that gives volunteers the opportunity to teach Junior Achievement’s financial literacy and workplace readiness curriculum in a condensed time frame. JA’s activity-based programs are taught over the course of one school day. This program is a powerful team-building experience as well as a memorable community service project. The benefit for the school is a free program that meets educational standards with minimal time taken from the classroom.
HSBC North America (which is comprised of the North American businesses of HSBC and the former Household International, including the consumer lending businesses, HFC and Beneficial) has had a relationship with JA Worldwide (Junior Achievement) since 1942. Last year, HSBC donated almost $1.2 million to the Colorado Springs-based economic education organization, which reaches 6 million students around the world.
In addition to financial support, HSBC also provides JA with volunteers. HSBC employees are serving as volunteers to implement JA’s grades K-12 classroom-based programs that teach students about economics, enterprise, and entrepreneurship. In 2004 alone, HSBC provided Junior Achievement with over 1,200 volunteers, teaching in 330 schools nationwide, reaching over 30,000 students.
"We are thrilled to receive volunteer support from HSBC, a longtime champion of Junior Achievement. These HSBC volunteers will impart their experience and financial knowledge to students who are starting to learn the value of personal financial literacy and the economics of life," said Catherine Milone-Richards, President of Junior Achievement of New Jersey.
"As an organization committed to financial literacy, HSBC employees are keenly aware of the critical role early education plays in creating a generation of knowledgeable consumers," said Patrick A. Cozza, Group Executive of HSBC Insurance Services & Taxpayer Financial Services in Bridgewater, NJ, and a member of the State Board of Directors of JA-NJ. "JA is one of the best ways to reach not only young people, but their families, as we know that the students go home and share what they have learned in class." Besides Mr. Cozza, other HSBC employees who serve on the JA-NJ Board of Directors representing the North, Central and South Districts, respectively, are Kirk Bryans, Group Director, Sales; Keith Pladsen, Division General Manager; and Sondra Keith, Division HR Manager.
About HSBC North America Holdings Inc.
HSBC North America Holdings Inc., the holding company for all of HSBC’s U.S. and Canadian businesses, including the former Household International businesses, is one of the top 10 financial services organizations in the U. S. with assets approaching $300 billion. HSBC’s businesses in North America serve more than 60 million customers in five key areas: personal financial services, consumer finance, commercial banking, private banking, and corporate investment banking and markets. Financial products and services are offered under the HSBC, HFC and Beneficial brands. For more information, visit www.hsbcusa.com
For Immediate Release
September 8, 2005
For More Information Contact
Catherine Milone-Richards
Junior Achievement of NJ
P 609.419.0404 ext 108
cmilone@ja-nj.org
http://nj.ja.org
Verizon consortium of information & telecommunications executives (CITE): Partnership with Junior Achievement of New Jersey
Princeton, NJ - The Verizon Consortium of Information & Telecommunications Executives (CITE) is joining with Junior Achievement of NJ (JA-NJ) to help expand JA’s elementary school programs. These programs provide students with a better understanding of economics and other foundational business concepts.
Verizon’s Network Services Group, CITE NJ and Enterprise Customer Operations are joining together to provide 40+ classroom volunteers for this school year throughout NJ. These volunteers are being recruited from Verizon offices in Madison, Teaneck, Trenton, Robbinsville, and Mt. Laurel. Between October and December 2005, each volunteer will be making five visits to their assigned elementary school classroom to teach JA economic education programs.
About Verizon CITE
CITE (Consortium of Information and Telecommunications Executives) is an organization dedicated to supporting diverse communities through literacy programs and education and scholarship initiatives. Verizon has 10 employee resource groups, including CITE, an organization primarily made up of African-American employees, and the Women’s Association of Verizon Employees. The groups promote personal and professional growth for employees with common interests and assist with strategic business goals such as employee development, diversity awareness and recruitment, and volunteerism in the community. More than 12,000 resource group members in chapters around the country participate in a variety of activities and events that help enrich their communities.