Bank-at-School &
Financial Literacy Program
Overview & Guidelines
Goals
1.
The Bank-at-School program is designed to introduce students to the
basics of banking and money management.
·
The program provides opportunity and encouragement for
students to save money by making credit union accounts easily accessible.
2.
By establishing a Bank-at-School Day, held at least twice each month,
students can open new accounts, make deposits and withdrawals and experience
the satisfaction of watching their savings grow.
·
There is no charge to the school to participate in this
program.
3.
Financial Literacy: TFCU is the credit union for all Suffolk County
school students, faculty and staff.
·
We are committed to promoting financial education by providing
educational materials, informative speakers and programs at no charge to
schools, PTAs and related groups.
Benefits to Students
Students receive exceptional benefits by becoming
members of Teachers Federal Credit Union. Opening a savings account at TFCU
is a great financial start and is also:
- Convenient – students may open savings accounts and
make deposits and withdrawals at the Bank-at-School location or by
visiting any TFCU branch location.
- Secure – every account is insured up to $100,000 by
the National Credit Union Administration.
- Private – all transactions are strictly
confidential.
- Easy - an ATM card gives access to accounts anywhere
in the world.
- Students receive account statements – mailed to
their homes.
The Bank-at-School program has
been developed primarily for students in high school, but can be adapted for
other grade levels.
