Published on May 19, 2022
Financial Education: The Gift that Keeps on Giving
You’re never too old, or too young, to learn sound financial habits. From kindergarten to graduation, and beyond, financial education is the gift that keeps on giving.
With that in mind, in April, which was National Credit Union Youth Month, we turned our attention to our young savers, providing tips for teaching your children about money and spending habits.
We so appreciate the moms, dads, grandparents, and other caregivers who are encouraging financial lessons at home. Thank you for keeping the dialog going regarding the balance between the importance of saving and the enjoyment of spending. Your children are already far more prepared to make sound financial decisions when the time comes.
How we celebrated!
Our Build-a-Bank contest asked youth members to create their own functional bank using LEGO or other interlocking bricks as we encouraged them to "Build toward your future."
Winning entrants received a family 4-pack of passes to the LEGO Discovery Center at Great Lakes Crossing. Congratulations to Sean, Silas, Kaiden, and siblings Annova and Adrija.
We salute everyone who submitted an entry. We hope the time spent building the bank gave the adults an opportunity to discuss different aspects of financial education.
We saluted our teachers
We also want to again thank our teachers who make financial education a part of their classroom activities. We were proud to award five, $500 Cash for Classroom Grants to teachers for implementing new programs. This important life skill is a lesson that needs to be reinforced at all stages of a child's life.
We celebrated our scholars
On May 5, we proudly welcomed the Class of 2021-22 to our Circle of Scholars during our Foundation Scholarship Ceremony. Fifteen graduating high school seniors learned that hard work in the classroom, combined with a “Give Big” attitude, can result in a $5,000 college scholarship. Learn more about our Foundation scholarship program.
Get your child on the right path with a youth account
Starting your child on the road to financial independence? For children 0-12, our Captain Choice account is the perfect place to start. With just a $5 deposit, this account pays 1.00% APY on the first $500 on deposit.
When a child turns 13, they’ll automatically be upgraded to our MYChoice account. This account also pays 1.00% APY on the first $500 on deposit. Once the child turns 15, they’re eligible to receive a Debit Mastercard and checking account.
Our ultimate goal is to help you and your kids map out your life’s financial plan so you’re prepared for any challenge life throws your way. If you need help, we're always a phone call away at 877.243.2528.