Teens learn key money management skills from TopLine

(April 21, 2014) —  TopLine Federal Credit Union teamed up with YouthCARE (Youth for Cultural Appreciation and Racial Equality) of Minneapolis and St. Paul to provide a financial literacy workshop for students who participate in their Community Service Stars Employment Training Program.

Forty teenagers, age 14-18, from across the Twin Cities participated in YouthCARE’s sessions of their Community Service Stars Employment Training Program, which is an 8-week training program that focuses on communication, time management, post-secondary options and financial literacy. The training program provides meaningful employment and service-learning opportunities for urban youth, from diverse ethnic, cultural, and racial backgrounds.

As part of the 8-week program, TopLine Federal Credit Union conducted a financial literacy workshop emphasizing goal setting; how to budget; how to make saving a habit; how to divide income into saving, sharing and spending buckets; and how to use a checking account and debit card.  TopLine’s session also outlined for students which kinds of accounts to open; what questions should be asked when opening accounts; and how to protect personal information to avoid identity theft.

The attached press release contains further details and can also be found on our website under TopLine News & Events/TopLine Press Room.

TopLine Federal Credit Union, a Twin-Cities based community credit union is long known for its commitment to giving back to the community. TopLine offers free seminars to underscore the importance of essential financial literacy and general money management skills for kids of all ages and adults.  If you’d like to invite a TopLine financial literacy instructor to present at your school or organization call 763-391-0872 or email verickson@toplinecu.com.

***And, this week is National Credit Union Youth Week! TopLine will be hosting our Get Smart With Your Money financial literacy workshops for parents and youth on Saturday, April 26 starting at 9am at our Maple Grove branch.  All week will have free refreshments and give-aways at all our branch locations. Plus make any youth deposit in April for a chance to win $100, and we’ll match up to $25 on any new youth account that is opened.

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