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Money Matters Blog

Tuesday, April 24, 2012

Celebrating Credit Union Youth Week

This week is National Credit Union Youth Week and at Community Financial we’re celebrating financial literacy for young adults.

Credit Unions across the nation are celebrating by promoting super savings at your local credit union.  The celebration, April 18-24, takes place during JumpStart Coalitions’ Financial Literacy for Youth Month. 

Join us as we celebrate this week at Community Financial:

·  Youth Club members make a deposit and get two prizes from the prize box
·  Student Club members make a deposit and receive two punches to your punch card
·  Free family financial activity fair Wednesday evening

Our Student Run Credit Union Program is also wrapping up another great year.  We partnered with 23 elementary schools, 8 middle schools and 3 high schools.  Over 1,543 students participated this year as volunteers, where they worked as branch managers, tellers, bookkeepers, computer operators, and marketing representatives. The goal of the program is to give students real-life, professional experiences in, filling out applications, interviewing and acting responsibly on the job.

In the 2011-2012 school year, we had 1,700 kids participate as members making deposits in our school branches, and we strive to teach everyone to set goals and save their money. One student started with us in elementary school. By the time he became a senior in high school, we were able to help him with a line of credit to start his own landscaping business. Now he’s in college and has several employees working for him.  We hope all members learn money management skills they can use in the future.

Teaching financial literacy is important, and Community Financial is proud to establish successful programs with our local schools.  Learn more about our Student Run Credit Union Program by visiting us here.

Posted by: Natalie McLaughlin, Senior Education Partnership Coordinator Community Financial Members Federal Credit Union is a not-for-profit, full-service financial institution owned and governed by its membership.

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