Kids learn basics of money management

Alabama Telco Credit Union has designed a new Kids Saving School program for kids ages 3-11. The Kids Savings School teaches children about the importance of learning to manage money at an early age.

“We feel this is a necessary and exciting product to offer our members,” said vice president of marketing Stanton Davis. “It not only teaches kids good saving and spending habits, it also helps them take the first step toward building a relationship with their credit union, making it easier for them to apply for other financial products as they grow into a teenager and young adult.”

Another goal of Alabama Telco’s Kids Savings School is giving parents and teachers tips and ideas of how to raise financially smart kids.

Alabama Telco has even created a special kids section on their Web site, AlaTelco.org.

On the site, kids can play games and learn fun facts, while parents and teachers can find helpful tips.

Alabama Telco plans on visiting area schools during the 2009-2010 school year to promote their Kids Savings School and the importance of saving. Visit Telco’s Web site to schedule a school visit.

Membership in Alabama Telco Credit Union is available to employees or members of a qualifying group or organization, relatives of current Alabama Telco members, and anyone living, worshipping, working or attending school in the following Alabama counties: Montgomery, Autauga, Elmore, Pike, Tuscaloosa, Talladega, Jefferson, Shelby, St. Clair, Calhoun, Baldwin, Mobile, Madison, Houston, Coffee and Geneva.

Alabama Telco Credit Union has branches located across the state of Alabama. With assets in excess of $426 million, Alabama Telco serves more than 50,000 members. For more information, visit AlaTelco.org or call 1-800-24TELCO.