City & County Credit Union launches Money on the Bookshelf
Wednesday, May 4, 2016
City & County Credit Union - Lake Elmo, MN (May 4, 2016) - On Monday, April 18 City & County Credit Union launched Money on the Bookshelf at its Lake Elmo Branch.
Inspired and guided by the University of Nevada Cooperative Extension program, Money on the Bookshelf is a free financial literacy program that encourages children to use reading to learn about the basics of money, opening an account, earning an allowance, saving and other money concepts.
To inspire communication between parents and their child, youth are encouraged to read five books from the bookshelf and talk with their parents about what they learned. Each book is labeled with a reading level and themes found in the book. After reading five books, youth earn a $5 CCCU Coupon that can be deposited into a savings account or used to purchase CCCU prizes.
City & County Credit Union received a Financial Education Grant in the fall of 2015 from the Minnesota Credit Union Foundation to create Money on the Bookshelf.
“We are extremely excited to launch Money on the Bookshelf! This program was inspired by our goal to provide parents with the tools and resources they need to create positive money interaction with their children.” Patrick Pierce, CEO/President explained. “With help from the Minnesota Credit Union Foundation, we were able to not only achieve our goal, but also inspire youth in the East Metro to read and begin saving early. We are looking forward to expanding this program to the rest of our branch locations in the coming months.”
Money on the Bookshelf is funded in part by a grant from the Minnesota Credit Union Foundation. Curriculum was inspired and guided by the University of Nevada Cooperative Extension program.
About City & County Credit Union
City & County Credit Union is a cooperatively owned, not-for-profit credit union based in Saint Paul, Minnesota, with more than 38,000 members and $447 million in assets. Founded in 1928 to serve the employees of Ramsey County and Saint Paul, City & County Credit Union now serves those who live, work, worship or attend school in Ramsey, Washington or Dakota County. To learn more, call 651-225-2700 or visit www.cccu.com.