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Statement stuffer addresses Mom whats a CU
MADISON, Wis. (1/19/10)--A new handout from the Credit Union National
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Association (CUNA) answers the question, “Mom, what’s a credit union?” Parents can use the handout, “What’s a credit union?” to educate children about credit unions. The handout has six panels, with tips for preschoolers, elementary, middle school and high school students. It includes actions to take and how-to tips. “There is plenty of financial education information available to teach kids how to earn and save their money,” said Lin Standke, CUNA Center for Personal Finance manager of product training. “Our goal is to have them choose the credit union as the place to keep it.” Credit unions participating in CUNA’s National Youth Saving Challenge last year reported receiving $26 million in deposits. About 140,000 members nationwide started or maintained a saving habit by opening accounts and depositing money in April.
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