The public TV series where kids
teach kids about money and business.
Biz Kid$ is the fun, fast-paced public television series
where kids teach kids about money and business. Whether a handbag
designer, podcast host, or a dog groomer, the young business owners
on the series inspire viewers to turn their passions into profit.
Comedy sketches and spoofs of movies make the series a hit with kids
and parents alike. Biz Kid$
also shows how to use credit wisely and illustrates the importance
of saving, budgeting, investing, and giving back to the community.
Watch
It Grow
You’ve
probably heard how important
it is to save your money.
Did
you know that the credit union
will pay you to save your
money?
When
you save in your share account, your dollars will earn extra money
called dividends,
and the extra money will add up along with the dollars you save. For
example, a dollar doesn’t
seem like much, but if you save a dollar a week, every week, by
the time you graduate from high school, you could have thousands of
dollars in your
share account. Plus, thanks to the dividends, you’ll also receive
hundreds of
extra dollars.
So,
start today by giving your dollars a job and let them earn dividends
for you.
Save
a little now each week and watch the dollars grow in your share
account.
*Who
can join the Kid's Club?
Kid's from the ages of newborn
to 12 are invited to join the Credit Union Kid's Club as long as they or a
parent or relative live, work, worship or go to school in Elk, Cameron,
McKean or Warren Counties. This account must have a legal adult as
joint owner.
*Membership Fee
To join, you must make an
initial deposit of $5.25 to open your share (savings) account. A share account is
the credit unions name for a savings account. Account will start to
earn dividends immediately. There are no monthly maintenance fees.
*Enrollment Prizes
Members will receive a prize
for joining the Kids Club.
*Monthly
Drawings
Every time you make a
deposit of $1.00 or more, you will be entered in the Pennie Penguin
Savers Club drawing. At the end of every month, one winner
from each branch will be drawn for a $10.00 prize. The $10.00
prize will be deposited directly into the winners share (savings)
account. All entries will be saved for a yearly drawing of
$100.00, which will also be deposited into the account.
*Savers
Birthday
Club members will
receive a birthday card from Pennie on their birthday.
*Annual
Birthday Bash
Club members will be
invited to Pennie's annual birthday bash, where they can meet Pennie
in person.
*Newsletter
All Pennie Penguin
Savers Club members will receive a newsletter twice a year filled
with exciting things to do, stories to read, special events and
contests to enter.
Join
Today - It Makes Great Cents!!!
Mountain Laurel FCU reserves the
right to change, in any way the rules and regulations of the kids
club. See the credit union for complete details.
Notice:
This page was designed for kids to help them understand what a credit
union is all about and to have fun exploring the world wide web. These
links will take you outside the Mountain Laurel Federal Credit Unions web
site. Please remember that the credit union is not responsible for the
content of other websites you may visit or availability.
The staff at Mountain Laurel
Federal Credit Union would like you to stop into the credit union and see
for yourself what makes credit unions better than other financial
institutions. Here's some questions and answers concerning credit
unions...
What makes a credit union different?
Credit Unions are owned by
it's members. All money or profits that the credit union makes are
returned to the members in the form of dividends. Banks on the other hand have
stockholders who invest money in their bank in hopes of making a profit.
All money made at the bank are returned to the investors.
How does a credit union
work?
When you give money to the
credit union or make a deposit, the credit union can loan that money to
other members. The credit union charges that person "interest" on that
money. Interest is a fee that is paid by the borrower for use of the money.
The credit union uses the interest to pay bills and to pay dividends to
the members for the use of their money.
Who can be a member of
Mountain Laurel Federal Credit Union?
As long as you live, work, go
to school or worship in Elk, Cameron, McKean or Warren Counties you can
belong to the credit union!
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