MADISON, Wis. (5/3/13)--As April gave way to May,
bringing a close to Financial Literacy Month, credit union activities ranged from credit card seminars, to tree distribution--all in the name of reminding members that credit unions provide a valuable partner for financial education.
Among the ways credit unions celebrated Financial Literacy Month:
|With Arbor Day and Earth Day falling during National Credit Union Youth Week, Horizon FCU, Williamsport, Pa., distributed trees to fourth graders at area school districts. (Photo provided by Horizon FCU)|
Staff at Unitus CU, Portland, Ore., decorated branches celebrating the National Credit Union Youth Week theme "Savings Sleuth, Solve the Mystery. Week-long activities included a "Collect the Clues" scavenger hunt, a grand-prize drawing and refreshments. Young members who made a deposit or opened a uSavers account received a Moonjar Moneybox. The credit union also held an open house hosted by its uSavers Kids Club mascot, Hamilton the Pig. In addition to door prizes and food, young visitors received an "I Visited My Credit Union Today" sticker and Save, Spend and Share color book.
|Eighty-five high school seniors attended the "Bite of Reality" financial education event at San Rafael (Calif.) High School, presented by Redwood CU in partnership with the San Rafael Chamber of Commerce. Participants received a fictional occupation, salary, spouse and family, student loan debt, credit card debt, and medical insurance payments. (Photo provided by Redwood CU)|
UMassFive College FCU, Hadley, Mass., offered kids a free mustache each time they made a deposit to their Super Saver account during National Credit Union Youth Week.
|Telcoe FCU, Little Rock, Ark., visited the Child Development Center to teach children about how earn money and choosing to save, donate or spend after receiving it. (Photo provided by Telcoe FCU)|
CUNA created National Credit Union Youth Week, April 21-27, to help credit unions nationwide focus on the financial needs of young people and provide financial literacy education. It teaches the benefits of saving and goal setting, and invites youth to open savings accounts at their credit union--and make deposits throughout the year.
CUNA also conducts the National Youth Saving Challenge throughout April. The challenge rewards 10 savers with $100 cash prizes.
Raising awareness about credit unions is one of the steps in CUNA's, leagues' and credit unions' Unite for Good campaign to achieve the vision of Americans choosing credit unions as their best financial institution. As that awareness grows, potential members will turn to aSmarterChoice and Unite for Good websites to locate credit unions they can join and find out more.