Every April, Credit Unions around the world celebrate Youth Month. This year’s theme is “It’s all about YOUth.” We want to encourage our youth to focus on setting themselves up for financial success. Data shows that kids find it hard to wrap their minds around the concept of money, what things cost, and the amount they will need as they grow up. National Credit Union Youth Month was created to raise awareness of this issue and provide resources to help our youth become financially literate.
According to the Financial Industry Regulatory Authority, it is estimated that only 1 in 6 high school students will receive any kind of personal financial education before graduating. This is a crucial time for students as they are about to face important financial decisions. Not knowing how to manage a basic budget sets them up for failure that can last for years to come.
At ALLIANCE, we take the mission of creating a financially literate world seriously, especially for our youth. That is why we offer Banzai, an online financial literacy program, FREE of charge to anyone in our community. This award-winning program teaches finance through real-world scenarios. You have the ability to choose between three courses—Junior, Teen, and Plus—depending on your kid’s age. Parents can even join in on the fun!
How is ALLIANCE celebrating Youth Month?
To make National Credit Union Youth Month exciting, we will match up to $25 of the opening deposit for JUNIOR Savings accounts (ages 12-17) upon completion of Banzai! Learn more HERE.
Not interested in the financial education? Explore other options.
JUNIOR Savings: With a few dollars and a little extra direction, young people can jump-start their financial futures.
- Available for kids ages 12-17
- Account earns dividends if balance remains over $50
- Minor becomes an official member-owner of the credit union
- Parents are joint holders of the account
- $5 minimum opening deposit
To learn more about other JUNIOR Accounts, click HERE.
From our JUNIOR Accounts to Banzai, ALLIANCE is here to help give your kids a bright financial future!