TAMPA, Fla. (Sept. 25, 2012) – Suncoast Schools Federal Credit Union announces the opening of four middle and elementary in-school branches in Hillsborough, Citrus and Collier counties. These new branches bring the total number to 21 high school student-run branches and two middle school and eight elementary in-school branches in more than eight counties across the state. Students from Cahoon Elementary Magnet School, FishHawk Creek Elementary School, Crystal River Middle School and Pine Ridge Middle School can look forward to cultivating money saving habits and learning the value of cash.
While high school branches focus on a more hands-on financial and marketing experience, middle and elementary school branches offer programs that teach younger students the importance of saving, the advantages of having a checking and savings account, how to manage accounts with basic math skills and how to fill out deposit slips.
“We know there is a sense of accomplishment when youth learn about money management and we feel a sense of pride in being able to provide them with the necessary tools to become financially savvy,” said Juli Lewis, youth marketing manager for Suncoast Schools Federal Credit Union. “These new branches allow us to teach students how to make smart financial decisions and get excited about saving money.”
All high school, middle and elementary school branches offer a variety of incentives to participating students, including an automatic $5 deposit for any student opening an account with the credit union and the chance to enter various raffles throughout the year that reward both academic achievement and participation. In addition, students opening a new account or making a deposit at any of the in school or student-run branches will be able to enter a drawing for a free Kindle Fire.
About Suncoast Schools Federal Credit Union
Suncoast Schools Federal Credit Union, chartered in 1934 as Hillsborough County Teachers Credit Union, operates 51 full-service branches and serves over 530,000 members in the following Florida counties: Charlotte, Citrus, Collier, DeSoto, Glades, Hardee, Hendry, Hernando, Hillsborough, Lee, Levy, Manatee, Pasco, Pinellas and Sumter. With assets of more than $5.1 billion, Suncoast Schools Federal Credit Union is the largest credit union in the state of Florida and the 14th largest in the United States. For more information visit: suncoastfcu.org or facebook.com/suncoastschoolsfcu