Kids Cash Accounts

The purpose of this savings program is to help teach children, at an early age, the importance and value of saving money. The program promotes a special savings account that we call the Kid Cash account. The program also allows students the chance to work in a student run credit union. Kid Cash is a deposit only account, with withdrawals allowed only at the credit union.

Any student attending a school that has partnered with SageLink Credit Union can sign up and open an account at school. Kid cash accounts earn interest and students receive quarterly statements. Kid Cash is operated by student tellers and bookkeepers who participate in the Kid Cash program.

With the parental permission 5th and 6th grade students complete an application and are interviewed by a credit union representative. Students are then scheduled time to take deposits made by the other student's in grades 1 through 6. Students are taught the importance of confidentiality, counting cash, balancing a cash drawer, responsibility and interacting with others. It is remarkable how accururate these students are and the pride they take in their volunteer positions. Currently, the eight schools are participating in this program. The schools are:

Louise Peacock School, Corunna
Robert Kerr School, Durand
Central School, Owosso
Emerson School, Owosso
Wilbur Bills School, Bancroft
Bertha Neal School, Durand
Bently School, Owosso
Washington School, Owosso



	Kids Cash Accounts The purpose of this savings program is to help teach children, at an early age, the importance and value of saving money. The program promotes a special savings account that we call the Kid Cash account. The program also allows students the chance to work in a student run credit union. Kid Cash is a deposit only account, with withdrawals allowed only at the credit union. Any student attending a school that has partnered with SageLink Credit Union can sign up and open an account at school. Kid cash accounts earn interest and students receive quarterly statements. Kid Cash is operated by student tellers and bookkeepers who participate in the Kid Cash program. With the parental permission 5th and 6th grade students complete an application and are interviewed by a credit union representative. Students are then scheduled time to take deposits made by the other student's in grades 1 through 6. Students are taught the importance of confidentiality, counting cash, balancing a cash drawer, responsibility and interacting with others. It is remarkable how accururate these students are and the pride they take in their volunteer positions. Currently, the eight schools are participating in this program. The schools are: Louise Peacock School, Corunna Robert Kerr School, Durand Central School, Owosso Emerson School, Owosso Wilbur Bills School, Bancroft Bertha Neal School, Durand Bently School, Owosso Washington School, Owosso Links: Home Page ©Copyright 2009, SageLink Credit Union. All rights reserved.

Kids Cash Accounts

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