Youth/Teen Accounts Offered
Staley CU Cub Account
For children 0-11 years old
Staley CU Wave Account
For teens & college students
Cub Accounts
We have teamed up with the popular Bear Family to teach children the concept of money management. Using the concepts of Save, Share, Spend and Earn, Brother and Sister Bear navigate the ins and outs of these concepts and how it affects them.
When your child opens one of these accounts, they will walk away with a goodie bag, which includes a special Berenstain Bear book titled The Berenstain Bears Visit the Credit Union, along with some fun worksheets and a few surprises.
- A $25 minimum deposit is required to establish a membership
- Must be of a youth 11 years old or younger at time of account opening
- Only one Cub Account per taxpayer identification number
- Must be otherwise Eligible for Membership at Staley Credit Union
- An adult 18 years or older must be a joint account owner at all times. 4.0% dividend rate is subject to change at any time
Additional Information: $25 minimum deposit required to establish membership. Only one Cub Account per taxpayer identification number which must be of a youth 11 years old or younger at time of account opening and must be otherwise eligible for membership at Staley Credit Union. An adult 18 years or older must be a joint account owner at all times. 4.0% dividend rate is subject to change at any time. Dividends are paid on the schedule according to your Member Service Agreement available at time of account opening or through Staley CU Online Banking. Balances greater than $1,000 are paid dividends at the current Staley CU posted Regular Savings rates. Parents/Guardians may view, access and transfer funds through Staley CU Online and Mobile banking platforms. For additional questions please contact us during normal business hours at 800-223-8356 or visit any Staley CU branch location.
For Educators
We are also partnering with local schools to bring the Berenstain Bears Financial Literacy program to classrooms around the community.
Berenstain Bears School Visits
Staley Credit Union is now offering our members The Berenstain Bears Financial Literacy Program and we want to share this stellar youth education program with your school. We are currently working with elementary schools in our Illinois and Indiana markets.
The Berenstain Bears Financial Literacy Program was developed in response to studies documenting the advantages of teaching fiscal responsibility to children as young as 5 years old. The money management concept Save, Share, Spend, Earn is interwoven throughout the program. Endorsed by The National Credit Union Foundation, these lessons comply with national standards for Financial Literacy. The program is most suitable for Kindergarten through 3rd Grade students. Because children love the Berenstain Bears, they respond well to these lessons.
We would be honored to provide this special financial education at no cost to your school.
Please share this information with your K-3rd grade teachers so we can set a time to visit their classrooms. Each teacher will receive a copy of The Berenstain Bears’ Trouble with Money book for their classroom. Students will be sent home with fun activity sheets and a letter to the parents explaining the initiative. As a member-owned financial cooperative, providing financial education is one of the many ways we serve our community.
To quote Ben Franklin, “An investment in knowledge pays the best interest.”
Wave Accounts
Our Wave program is a financial literacy initiative for teens and college students. Either as an extension of our Cub Accounts or as a brand-new member, your young adult can learn all the ins and outs of how to deal with money, manage credit, and to use their well-earned capital to accomplish real world goals.
The Benefits
Apart from the overall perks of financial literacy, they’ll also receive:
- Access to Online & Mobile Banking
- Their own Visa Debit Card
- Rewards as they progress through the program
Learn more about our Wave Accounts on the Wave Website.