BayPort Credit Union receives grant to improve middle school students’ financial literacy
NEWPORT NEWS, VA (September 24, 2018) — BayPort Credit Union announced it received one of nine Biz Kid$ Financial Education Grants from the National Credit Union Foundation, for the 2018 – 2019 school year.
BayPort will leverage their existing partnerships with 15 middle schools in the Hampton Roads area to reach over 14,000 students with the Biz Kid$ curriculum. Students in these schools will be encouraged to interact with BayPort’s school-based branches as they move through the Biz Kid$ lesson plans to further their financial literacy skills.
“These unique Biz Kid$ initiatives represent new and innovative approaches to youth financial literacy,” said Danielle Brown, the Foundation’s National Program Director. “Biz Kid$ is the only national financial education programming for young people; funded entirely by credit unions.”
BayPort has 50 student-run credit unions inside local elementary, middle and high schools, in which programs like Biz Kid$ helps provide financial tools and wellness for students to encourage positive saving habits for their long-term financial success.
About BayPort Credit Union
From its founding in 1928 by 12 Newport News shipyard workers, BayPort Credit Union (www.bayportcu.org) has served as a source of low-interest loans and a trusted place to deposit money. Today, BayPort Credit Union has earned a 5-Stars rating by Bauer Financial and manages $2.2 billion in assets, serving the financial needs of nearly 148,000 individuals and businesses with 27 branch locations across the Virginia Peninsula and Southside communities.
About Biz Kid$
Biz Kid$ is a financial literacy initiative launched nationally in January 2008 that teaches kids about money and business. The initiative includes an award-winning TV series, free classroom curriculum, outreach activities, and a website targeting children 9 – 16 years old. The Foundation is responsible for the fundraising and outreach of the program, and a coalition of over 300 credit unions and affiliates from across the country have helped exclusively fund Biz Kid$. For more information, please visit www.ncuf.coop.