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SECU Members Provide Funding for Biz Kid$ Financial Literacy Program.

RALEIGH, N.C. -- State Employees' Credit Union (SECU) members via the SECU Foundation have announced $125,000 in funding for production assistance of Biz Kid$, a youth-focused and credit union-funded financial education show on public television. Preparing for its 3rd season, Biz Kid$ is a fun, fast-paced public television series featuring kids who teach middle school aged youth about money and entrepreneurship. The program illustrates the importance of saving, budgeting, investing and giving back to the community.

In addition to SECU Foundation funding, State Employees' Credit Union is currently providing Biz Kid$ curriculum training to its employees and various educational partners, bringing the TV episodes and corresponding learning activities to North Carolina's middle schools. The Credit Union is training nearly 200 employees statewide to begin reaching out to the State's schools. The curricular materials associated with the program build upon lessons gained through the content of television episodes, covering concepts including money basics, financial goal planning, credit, income, expenses, starting a business, and more. SECU is working with the Carolinas Credit Union Foundation (CCUF) and UNC-TV on the initiative. CCUF is helping to provide resources to school media centers and middle school teachers, and UNC-TV is working to promote the Biz Kid$ program through their media outlets.

The Biz Kid$ middle school program is set to complement SECU's FAT CAT Program and FAT CAT Smart Money workbook being delivered to elementary students, as well as the National Endowment for Financial Education (NEFE) High School Financial Planning Program currently being taught to North Carolina high school students.

David King, SECU Foundation Board of Directors Chairman comments, "Financial education is critical to helping our youth develop the life skill of good money management. In today's economy, so many adults are struggling with finances and many of them have never had the opportunity to learn the basics of good financial management. We must begin the educational process with our youth, and Biz Kid$ is a program that is making a huge difference. SECU and its members have always placed a huge focus on financial education programs and providing funding for Biz Kid$ is a wonderful way to expand our reach in this area."

John Slack, Executive Director of Carolinas Credit Union Foundation states, "Our credit unions have discovered that Biz Kid$ is an entertaining and engaging way to teach middle schoolers about money and how to make it work for them. It is our intention to help break the cycle of dependence and entitlement and give as many kids as possible a chance to be financially successful. Use of Biz Kid$ resources will play a big role in those efforts and we are very appreciative to SECU members for their support of this great program."

About SECU and the SECU Foundation

SECU is a non-profit financial cooperative owned by its members. SECU has been providing the employees of the State of North Carolina and their families with consumer financial services for over 70 years. Currently serving 1.5 million members, SECU provides services through 226 branch offices, over 1,000 ATMs, 24/7 call centers and a website, The SECU Foundation, a 501c (3) charitable organization funded solely by the contributions of SECU members, promotes local community development in North Carolina primarily through high impact projects in the areas of education, health and human services.

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Comment:SECU Members Provide Funding for Biz Kid$ Financial Literacy Program.
Publication:Business Wire
Geographic Code:1U5NC
Date:Aug 21, 2009
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