Virginia Credit Union offered a one-day free “Money Camp at Your Credit Union” for young members on Monday, July 28.
Virginia Credit Union
(Richmond, VA, July 29, 2014) – Virginia Credit Union offered a one-day free “Money Camp at Your Credit Union” for young members on Monday, July 28.
More than 60 students learned about the importance of saving, budgeting expenses, and managing their credit. Each participant received a “career for the day” and had to create a real-life money scenario based upon the average income for that job. The attendees also engaged other hands-on activities as they learned about car financing and the advantages and disadvantages of renting vs. buying a home.
The one-day event followed week-long money camps that Virginia Credit Union’s financial education staff led at local public libraries. At Monday’s event, VACU President and CEO Jane Watkins also spent time with the teens.
As a member-owned financial cooperative with 230,000 members, Virginia Credit Union is a leader in financial education. More than 13,000 adults and young people participated in free financial workshops and seminars offered by the credit union in 2013. Virginia Credit provides a variety of affordable banking services, loans and mortgages, and financial education resources. Virginia Credit Union is an equal housing opportunity lender and is federally insured by NCUA. For more information, visit www.vacu.org.