Credit Union Supports Financial Literacy for Kids

October 20, 2014
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BizKid$ Financial Literacy 2014_brightstarBrightStar Credit Union, one of the largest credit unions in South Florida, is providing financial literacy education to all Broward County middle schools through Biz Kid$, an Emmy Award winning show where kids teach kids about money and business. All 43 middle schools in Broward County Public Schools, starting with Walter C. Young Middle School in Pembroke Pines as the pilot school, have received DVDs of the Biz Kid$ show and materials. This group includes Beachside Montessori Village and Broward Virtual. BrightStar has made this possible by receiving a $20,000 Biz Kid$ Financial Education Grant, one of only 16 grants awarded nationwide in 2013, from the National Credit Union Foundation (NCUF). The grants are intended to engage credit unions using the Biz Kid$ program and its curriculum to build financial literacy. "Educating Broward County School students, and our members, about financial literacy is the cornerstone of our community outreach and our people-helping-people philosophy," said Sam Chesser, BrightStar Credit Unions Vice President of Marketing. "We are honored to be the recipient of a Biz Kid$ grant and look forward to the positive educational impact it will have on middle schools students in Broward." "In the past, Biz Kid$ has been a great educational and entertaining addition to our Finance Club meetings and the students have been very engaged while learning about financial literacy and entrepreneurship," said Arlene Colson, Mathematics Department Chair, Walter C. Young Middle School. "I am excited to continue to enhance the students learning by building projects based around these videos." Created in 2007 by the producers of Bill Nye, the Science Guy show on PBS, Biz Kid$ uses parodies and spoofs of popular movies and shows such as Avatar, The Matrix and Jersey Shore to teach students about money. Episodes cover topics such as cash and credit, budgeting, saving, entrepreneurship and how to be a smart consumer. The shows are part of the Biz Kid$ curriculum, which BrightStar Credit Union will offer to teachers involved in their successful CU@School program, a student-run, on in school credit union staffed by students in its Academy of Finance program. BrightStar will also incorporate the content of Biz Kid$ into the credit unions classroom presentations, and post content on BrightStar University, their �free financial literacy portal for members, students and teachers. NCUFs Biz Kid$ program promotes financial literacy among youth through educational curriculum, including Biz Kid$, a credit union funded public television series that teaches kids about money management and entrepreneurship. During the past six years, more than 300 credit unions and affiliated organizations have raised more than $13.8 million to support the shows production, website and curriculum. "There is a need to improve the financial literacy skills of the youth in America and Biz Kid$ is the perfect vehicle to address that need," said Danielle Brown, Biz Kid$ Program Coordinator for NCUF. "We are excited to fund these innovative programs that will improve the financial education of youth through the use of the Biz Kid$ program." About Brightstar Credit Union BrightStar Credit Union is a full-service, non-profit, member-owned cooperative and one of the largest credit unions in South Florida with more than 54,000 members.� BrightStar is open to the communitybut also has specifically served employees and students of Broward Schools for more than 66 years. With a total of seven branch locations in Broward County, BrightStar offers a variety of financial services including checking and savings accounts, personal, home equity and mortgage loans and investments and insurance. For more information, visit www.bscu.org. � About the National Credit Union Foundation (ncuf.coop): The National Credit Union Foundation (NCUF) is the charitable arm of the US credit union movement and works as a catalyst to improve peoples financial lives through credit unions. Through NCUF grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets, and own homes. Donations to the Foundation enable credit unions to help their members reach life-changing goals and achieve financial freedom.
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