LIVERPOOL, N.Y. – Liverpool Central Schools FCU has signed with FamilyMint to offer its financial literacy program to young members.
FamilyMint said its online money management application helps parents raise money-smart kids and helps busy families be smarter about money. FamilyMint has developed a unique partnering platform to assist credit unions in educating, attracting and retaining the youth market.
FamilyMint is a budgeting and goal-setting tool available through credit unions where kids 5 to 16 learn by actually managing their own money in a safe, virtual environment. It is the modern replacement for the piggybank, the company said, as well as an introduction to online banking. It is designed to start forming the right financial behaviors in an interactive, fun and simple way while emphasizing the importance of saving, setting and achieving goals.
