ALBANY, N.Y. – The National Council on Economic Education (NCEE) has presented the New York Credit Union Foundation a $9,978 grant. The grant will support the classroom component of a youth financial education project, Kid’s Cash Kit & Caboodle, which the NYCUF is piloting with seven credit unions across the state. Designed to teach consumer responsibility, personal finance and basic economics to students ages five to 12, the program introduces kids to three key money management concepts: save, spend and share. The Kids Cash Kit includes a plastic tote bag; introductory letter and entry form; customized “pop-up” three compartment money boxes for saving, spending and sharing; financial terms glossary, resource list and budgeting poster/chart; and one of three age-appropriate activity books-Save, Spend & Share, Best of Adventures in Saving and Rosa’s Birthday Party. In addition to distributing the kits, promotional materials and products provided by each participating credit union will be part of classroom presentations, and as the materials are discussed students will be provided help in assembling their money boxes. Partnering credit unions include GPO FCU, Hudson River Community CU, Lancaster-Depew FCU, Niagara County FCU, Syracuse Cooperative FCU, Teachers FCU, and Visions FCU. “We are proud that NCEE recognized the importance of this project in New York State,” said NYCUF Executive Director Diane LaVigna Wixted. “It’s our hope that by focusing on teaching our young children financial basics and helping them talk about money matters at an early age, that they will be more receptive and better prepared to learn more complicated financial issues as they get older.” The NYCUF plans to reach 1,500 students in the spring of 2006 and an estimated 5,000 children by the end of the year.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.