It’s Financial Literacy Month!

April is Financial Literacy Month and a great time to establish new healthy financial habits. An ongoing goal of ours is to instill consistent saving habits at a young age.

Community First was founded by LOCAL teachers in 1959, and since then has kept its educator roots. Throughout the years, CFCU’ers have taught financial literacy classes to thousands of LOCAL students in-class, virtually, and through our free online program, Banzai. In these classes, students learn healthy spending, savings, and borrowing methods, among other topics.

But the best way to learn healthy financial habits is through real-life practice. Our out-of-this-world-rate YouthSaver account, available to anyone under the age of 18, teaches kids to work for their money, and then see their money work for them.

How? Local kids can earn up to 7.07% (APY) with our YouthSaver account – when coupled with an adult’s Local Advantage PLUS checking account. The rate is 1.01% as a stand-alone, which is still 100 times higher than what the big banks pay! 

And for LOCAL AG students, Community First, offers a zero percent, zero fee, Youth AG loan of up to $2,500! The loan is typically used to buy, feed, shelter, care for, and then sell a market animal at one of our local fairs in Lake, Marin, Mendocino, Napa, and Sonoma counties.

Learn more about our YouthSaver account, Youth AG loan, and our FREE online financial literacy platform, Banzai, this National Financial Literacy month!