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Credit Unions Provide Money Guidance to Students

May 6 2014, 8:18am CDT | by , in News | Other Stuff

Credit Unions Provide Money Guidance to Students
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A credit union recently teach money values to 500 school students. Students always need financial assistance at every level of their education (whether in college or school). Hence, all credit unions should provide money guidance to students.

A credit union recently teach money values to 500 school students. Students always need financial assistance at every level of their education (whether in college or school). Hence, all credit unions should provide money guidance to students.

Students must know the principles of money. And if the credit unions will provide money guidance to school students, it will prove beneficial for them when they reach college.

Recently, a local Credit Union ( provide money guidance to approximately 500 school students in the Town of Stratford. This credit union run a special in-school Financial Literacy Campaign in April to teach students certain financial procedures. They also teach about the importance of making budget before spending their money.

 

During this campaign, credit union reported that many school students have their own bank accounts but only few make regular deposits. However, the response of students to learn money management techniques is positive.

And the credit union also told students that "banks work to make profits for stockholders, while credit unions make profits for their members and customers."

Source: Starfordstar

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