National Credit Union Foundation Approves 14 Biz Kid$ Financial Education Grants

Biz Kid$, the credit union-funded public television series, will receive 14 new grants from the National Credit Union Foundation as part of its efforts to teach children about money management and entrepreneurship.

The Foundation approved 14 new Biz Kid$ Financial Education Grants for 2016-2017 that total $75,200, the agency said in a press release Thursday. The grants are distributed to encourage credit union organizations to use Biz Kid$ and its curriculum to enhance students' financial knowledge and financial well-being.

Highlights of grant project include:

  • FirstLight FCU in El Paso, Texas, will host a five-day Biz Kid$ summer camp for 50 students entering grades 4-8 in their community. At the end of the camp, each student will be set up with a savings account at the credit union.
  • Northern Hills FCU in Sturgis, S.D., will offer Biz Kid$ lessons to youth in the community between the ages of eight and 16 years old who participate in the Sturgis Area Afterschool Program, a program dedicated to keeping youth safe and educationally engaged.
  • The Pennsylvania Credit Union Foundation in Harrisburg, Pa., will hold educational sessions with its Young Professionals Network, teaching members how to implement Biz Kid$ in schools.
  • Tallahassee-Leon FCU in Tallahassee, Fla., will provide personal finance instruction using the Biz Kid$ curriculum for participants in the Tallahassee Future Leaders Academy, a summer employment program that provides youth ages 15-20 with the opportunity to gain professional work experience and financial education.
  • UVA Community CU in Charlottesville, Va., will host a fall Biz Kid$ Career Pathways Expo on the campus of UVA for approximately 2,000 high school sophomores.

The other credit union organizations receiving grants include: Buffalo Metropolitan FCU, Buffalo, N.Y.; Cornerstone Credit Union Foundation, Plano, Texas; Credit Unions Care Foundation of Virginia, Lynchburg, Va.; Meadville Area FCU, Meadville, Pa.; Minnesota Credit Union Foundation, St. Paul, Minn.' Natco Credit Union, Richmond, Ind.; Rome Teachers FCU, Rome, N.Y.; Siskiyou Central CU, Yreka, Calif.; and Southeastern Credit Union Foundation, Tallahassee, Fla.
The Biz Kid$ financial literacy initiative was launched nationally in January 2008 and involves a coalition of more than 300 credit unions and affiliates from across the country have helped exclusively fund the program.

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