Saving to Achieve Results
It is STAR’s mission to help instill financial literacy and responsibility among members of youth community centers by providing access to financial services and the opportunity to participate in the development and operation of the credit union.
STAR is the ONLY youth chartered credit union in the world
Links to external or third party websites are provided solely for visitors’ convenience. Links taken to other sites are done so at your own risk and STAR CU accepts no liability for any linked sites or their content. When you access an external website, keep in mind that STAR CU has no control over its content.
Serving the Community
Each summer STAR CU runs a book club using a book that has financial literacy as their central theme. Past books have included The Toothpaste Millionaire, Kid Power, and How to Steal a Dog. This program enables members to learn financial lessons as they relate to everyday life while enhancing site reading and reading comprehension skills.
STAR members enjoy learning about other local cooperatives during Co-op Connection. This program features field trips to several local cooperatives to learn how they operate and what their differences are. A huge thank you to all our past field trip hosts: Willy Street Co-op, Union Cab, Just Coffee Cooperative, CUNA, Nature’s Bakery, and REI.
Grow Your Green
Stay tuned for more information about this exciting new program sponsored by a SARE youth educator grant. This program teaches members about the value of sustainable agriculture and how that can be applied in an entrepreneurial way.
STAR teen events apply financial knowledge to real-life situations.
The Reality Store is a simulation of a month in the life of a 28 year old, complete with a salary, bill paying, and furnishing a home.
STAR Credit Union has a team of qualified, enthusiastic youth members. Our team members work through our Marketing Committee or our Teller of the Day programs. Each prospective team members goes through an interview process, training, observations, and continuous meetings. These programs not only keep youth involved in credit union operations, but also teach them skills and provide job training.
“Today I put twelve pennies in my account. I now have $188.73! I am saving for college, even though I am only nine.”
“I worked my first job this summer tutoring kids. When I got my paycheck I brought it into STAR instead of the check cashing store by my house. The credit union doesn’t even charge you to deposit a check!”
I like that at STAR Credit Union we learn different things that we can’t learn anywhere else. We learn about different types of money and the best way to save money.
STAR CU has taught me to save money every week, even if it’s just a little bit of money. STAR’s 5% interest is higher than we could get anywhere else, so that helps us save our money more.
STAR members took a field trip to American Family’s Dream Bank to make piggy banks out of shadow box frames. Inside the frames, generously modified and donated by Uniek, members posted photos of dreams they want to save for as a reminder each time they add money to their frame.
In May of 2015 STAR celebrated 10 years of operation inside the Boys and Girls Club of Dane County. The Savings Fair gave members the opportunity to showcase what they have learned from STAR and how they apply that knowledge. Members also had games to play, pizza and cupcakes! Happy Birthday STAR!
STAR members took action last week when they hear about credit unions being included in the Finance Reform Bill. STAR members are grateful that credit unions are able to provide programs like STAR to the community, reaching beyond basic services for their members and creating opportunities for those who did not know they existed before. STAR members […]
STAR Credit Union was founded in 2005 by two credit union CEO’s who were frustrated with constantly trying to undo bad habits. Instead of fixing mistakes, they thought, why not teach good habits to those most likely to fall into financial pitfalls? Summit Credit Union continues to support STAR and maintains its commitment to educating low-income youth.
New state of the art credit union at the Taft Street location!
When the STAR members were told about credit unions being included in the Finance Reform Bill, they sprung into action. STAR members are grateful that credit unions are able to provide programs like STAR to the community, reaching beyond basic services for their members and creating opportunities for those who did not know they existed before. As they understood the importance of the tax, their efforts increased. What started with handwritten letters and signs turned into a video campaign, Tweeting and Instagram. In addition to encouraging members to display their concern through Twitter accounts, the Marketing Committee started a Vine account and Twitter for STAR where members could post their thoughts and pleas.
STAR member earns over $500 in her STAR account and decides to use some of the funds to open a CD at Summit Credit Union. Congratulations Kelsey!
STAR Celebrates 10 years!
New credit union space at the Boys and Girls Club Allied location