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STAR Credit Union opened its doors to members of the

 

Boys & Girls Club of Dane County in June, 2005.

 

 

STAR is the ONLY youth chartered credit union in the world.   

 

 

Our Mission

It is STAR's mission to help instill financial literacy and responsibility among members of the Boys & Girls Club of Dane County, Inc., by providing access to financial services and the opportunity to participate in the development and operation of the credit union.

 

Membership Eligibility

  • Past or current member of the Boys & Girls Club of Dane County
  • Staff members of the Boys & Girls Club of Dane County
  • Staff members of  Summit Credit Unions, founders of STAR Credit Union

The Credit Union Difference

STAR Credit Union, like all credit unions, is a not-for-profit financial institution which is a member-owned cooperative.  One way we serve our members is to offer a savings account with a 5% annual percentage yield.  This high interest rate helps teach members the concept of compounding interest and helps them build wealth more quickly. 

 

Serving Our Community

STAR Credit Union is located in a low to moderate income neighborhood in Madison, Wisconsin.  This neighborhood provides limited financial options.  Many club members see their parents utilize payday lenders/check cashers.  STAR helps to teach kids an alternative to payday lending, while creating a positive, trusting relationship between youth and their financial institution.   

 

A Special Thanks to Our Supporters

STAR Credit Union would like to thank its co-founder and dedicated supporter, Summit Credit Union, for their commitment to youth financial education.  To find out more about this financial institution, visit their website at: www.summitcreditunion.com .  

 

STAR would also like to thank the Boys & Girls Club of Dane County.  They have been nothing but supportive of the program and without them STAR would not have found such a wonderful home at the club.  To find out more about the Boys & Girls Club of Dane County, please visit their website at www.bgcdc.org .     

 

 

Fifteen year old Alicia states, "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!"