Veridian CU joins Kittrell Elementary to celebrate in-school, student-run credit union - FINANCIAL-24
Veridian Credit Union has partnered with Waterloo Community School District to open Superhero Savers Student Credit Union, the district’s first in-school, student-run credit union. Students, teachers and school administrators gathered with Veridian employees and chamber officials on Wednesday, October 26 to celebrate the student credit union with a ribbon-cutting event.
“Student credit union partnerships give us a chance to help kids establish healthy saving habits,” said Veridian president and CEO Monte Berg. “Sound financial choices today create successful financial futures, and we want Superhero Savers Student Credit Union to help Kittrell students make that discovery at an early age.”
Fifth-grade students completed an application and interview process to fill open teller positions, and the students work alongside volunteers from Veridian to accept their peers’ deposits. Superhero Savers is open each Wednesday morning for students to deposit as little as a penny or as much as $20 each week. Students earn rewards for reaching savings benchmarks. At the end of their fifth-grade year, they have the option of accepting a check for the amount they saved or rolling it into an individual savings account.
“We know saving prepares students for tomorrow,” said Audrey Wallican-Green, Kittrell Elementary principal. “Superhero Savers Student Credit Union is one way we are encouraging students to dream big and plan accordingly.”
Veridian Credit Union, founded in 1934 in Waterloo, Iowa, is a not-for-profit financial cooperative owned by its members. The credit union offers a full range of business and consumer financial services and employs more than 700 people throughout 28 branches. For more information, visit veridiancu.org or call (800) 235-3228.
Waterloo Schools, located within Black Hawk County, Iowa, provide a full range of educational services to students in pre-kindergarten through grade 12. Students attending Waterloo Schools are engaged in learning and prepared for success. The district prides itself on hiring quality educators, maintaining the latest educational resources, and ensuring a safe and healthy environment. Services include regular and enriched academic education, special education for students with special needs, career education, and numerous individualized programs such as specialized instruction for at-risk students and for limited-English-speaking students. Please visit our website at www.waterlooschools.org.
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