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FSCC partners with childrens savings program

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AMHERST, N.H., and SAN DIMAS, Calif. (9/21/09)--Financial Service Centers Cooperative (FSCC) and PiggyBanc Inc. announced a partnership to credit unions on the FSCC Shared Branching Network with a children’s savings program. The PiggyBanc program provides young children and their families an opportunity to open a savings account. Family and friends can deposit money into the child’s account anywhere, any time. The program delivers the contributions into the account at the credit union and allows for personalized messages to accompany every contribution. “Attracting multi-generations, this program offers benefits for young members as well as older members who encourage financial literacy through this program,” said Sarah Canepa Bang, FSCC president/CEO. FSCC credit unions can implement the free program as part of FSCC’s service package. FSCC offers a credit union Shared Branching Network with more than 6,000 full service deposit-taking locations in the U.S. and overseas.