The Power of Student Credit Unions
Student Credit Union members saved $47,782 in 2024! All while learning to Dream Wild™ by saving, spending, and giving.
Learning through doing:
Molding a money savvy future for Michigan
We believe that setting kids up with financial skills from a young age is one of the strongest ways to build economic prosperity in our communities. We’re working to help students in 50+ schools across the state learn by doing through our Student Credit Union program. From marketing to operations, the kids run it all. Giving them hands-on experience and financial knowledge that’ll help them thrive into the future.
Celebrating a 30-year partnership with Northville schools
In celebration of over 30 years of growing financial wellness in Northville Schools, we partnered with the district and the Northville Education Foundation to launch a $20 Student Savings Starter program. For any kindergartener and fifth grader in the district who opened a CFCU account we’d deposit the first $20 on us! The extra boost for kids helped drive an overall 30% jump in SCU membership across the state in 2024.
A launchpad for their Impossible Dreams
Beyond the experience gained, the impacts of the student credit unions truly add up with $47,782.39 saved among all students for an average account balance of $359.27 per student in 2024. At well over $300 bucks, that’s more than the median checking account balance in the lowest percentile of US households in 2022!* And a great start for the kids powering Michigan’s future.
Want to put your kid on the right track OR create a Student Run Credit Union at your school? Learn more about our Save. Spend. Give. Program, the next generation of our Student Run Credit Union!
orsa, the credit union you knew as Community Financial Credit Union (CFCU)Content before 2026 may contain references to our former name.
*Federal Reserve Board (2023)
Save. Spend. Give. Program
Save. Spend. Give. Program
Earning while learning at school
To invest in the future of Michigan we’re giving students hands-on financial experience at 50+ schools across the state—and empowering them to run the whole show! Because when you build a more financially aware and stable generation, they’re more likely to build a stronger, more prosperous Michigan for us all.
Ignite their Impossible Dreams
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