Youth Education

"Investing in Our Youth" is the motto of the CP Federal Credit Union Youth Program. It is our goal to provide real life financial experiences and information to the youth in our community in order to nurture financially productive adults.

2012 Scholarship Application

Student Branches

Our Student Branches—real CP Federal branches that are operated by area school students—are a major component of our program. They provide hands-on learning and real-world experiences that instill valuable lessons that will last a lifetime.

Kirby Kangaroo Club

The Kirby Kangaroo Club is a savings program designed for kids up to 12 years of age. It's the fun way to learn about money! Kids get a free savings account to help parents teach the value of saving. Kids can also visit the Kirby Kangaroo Clubhouse to learn more in a fun setting.

CU Succeed

Teens can get a jumpstart on their future by learning beyond the basics about money. Teens can visit CU Succeed to learn about credit and how to manage your money like the best of them! These tips and resources can help teens start building their financial independence today.

Raising Money-Savvy Kids

Struggling for economic prosperity is difficult for everyone. It's especially hard for young people who've never learned how to plan to achieve financial security. What we need today, confirmed by poor financial literacy test scores from across the country, is leadership to help raise the awareness of financial issues for young people.

The staff and members of credit unions are ideally positioned to respond because of their belief in the power of education—put to practical use—to improve the lives of their neighbors and their communities.

As a parent, there are several things you can do right now to help your kids get on the right financial path. Here are some tips from the Credit Union National Association:

Younger than age 5

  • Use coin savers to help children learn how to identify coins and count money.
  • Introduce the concept of money by giving children small change to spend occasionally when you go to the store. Limit options to save time and reduce conflict.

Ages 5 to 10

  • Give a weekly allowance to offer hands-on money management experience. Because children know they'll regularly get a set amount of money, this makes it easier to learn how to save.
  • Let children save for, and buy, something they really want. Rewards reinforce young children's savings habits, so tie saving to spending.
  • Use three containers labeled Spend, Save, and Share. Suggest that children contribute a portion of their allowance, and cash gifts, to each, to teach them how to spend wisely, save regularly, and give to others.
  • When the save container builds up, take children to the credit union to open a savings account.
  • Provide children with opportunities to earn extra money by doing jobs not included in their regular responsibilities.

Ages 11 to 14

  • Include children on shopping trips to teach them what things cost and smart shopping techniques. Let them help compare product qualities, prices, return policies, and warranties.
  • Encourage odd jobs: babysitting, yard work, or pet care.
  • Encourage children to use their own money to buy beyond-the-basics clothing and accessories.

Ages 15 to 18 and older

  • Discuss saving plans for long-term goals, such as education and cars.
  • Consider giving teens a seasonal clothing allowance beyond their regular allowance. After setting guidelines and limits, let them make their own choices.
  • Consider helping financially responsible teens open a share draft/checking account.
  • Consider encouraging financially responsible older teens to use a debit card with their share draft/checking accounts.