Give your kids a head start so they can be money smart. Your child will be a financial wiz kid with these resources and knowledge!
Dollars and Sense
Helping Young Savers Learn
Youth Savings Special Offer
It’s never too early to start saving! A GNCU Youth Savings account helps young members build their funds through long-term savings.
Bring in this Dollars and Sense flyer to open an account at a branch near you (appointments and walk-ins welcomed), and we’ll make their first $5 deposit. Plus, while supplies last, every child who opens one also gets a free book: Pigs Will Be Pigs!
Our Youth Savings account is made to help your kids develop long-term savings habits:
- Free to open.
- No monthly fees and only a $5 minimum balance is required.
- As they grow, GNCU membership gives them access to other credit union services like student loans, first-time car buyer loans, and our free Student Cash Back Checking account.
Lucky Young Savers Promotion
100 lucky young savers who open an account with the flyer during the school year will receive a $100 savings bonus. We’ll draw winners throughout the school year. So, the earlier you enter, the more chances you have to win!
Financial Education Resources
Here are some resources to help you start your child down the path of responsible money management. They include an interactive savings calculator to show how their money can grow over time, helpful articles with tips for parents to help kids form good financial habits, and fun games and activities for kids to understand money. Having your child learn this information early in life substantially benefits them later when they become an adult.
I Can Save Account Rates
1APY (Annual Percentage Yield) effective November 21, 2022, and subject to change without notice. To jumpstart your savings, you’ll earn a generous rate of 6.00% APY until your savings balance reaches $1,000.00. After that, you earn the current GNCU Regular Share savings account rate on the entire account balance, currently 0.10% APY. 6.00% APY earned on balances ≤ $1,000.00 when qualification of one deposit per month is met. 0.10% APY applies to all balances if monthly qualifications are not met. Dividends will be credited to your account and compounded every month. Fees could reduce the earnings on the account. Limit of one I Can Save account per member.
Youth Share Savings Account Rates
2APY (Annual Percentage Yield) effective October 3, 2022, and subject to change without notice. Dividends will be credited to your account and compounded every month. Fees could reduce the earnings on the account.
Engaging Kids With Activities and Games
Fun videos and games from PBS to teach kids about all aspects of budgeting, saving, and money. Filter learning material by grade level.
Interactive games to help kids count coins and learn fun facts about money. Explore the wider Practical Money Skills website for lesson plans and more advanced learning.
Kids can join a $uperSquad to watch videos and play games in this choose-your-own-adventure story. For K-6 students, children under the age of 13 will need a parent or guardian’s permission to create a free account.
Benefits of Financial Education for Kids
Financial education not only teaches kids how to be good with money, but it also sets them up to be successful adults. It teaches them patience, planning, and persistence. However, a 2022 Junior Achievement survey shows that 54% of teens say they feel unprepared to finance their futures.
Financial education instills these essential life skills:
- Build responsible spending habits
- Promote goal setting
- Encourages good decision-making
- Teach delayed gratification
- Improve math and analytical skills
- Foster open communication about money