As the end of the school year approaches, and summer vacation is on the horizon, the Lansing SAVE program has wrapped up its first-ever virtual school year. The Lansing SAVE program is a partnership between MSU Federal Credit Union, Lansing School District, City of Lansing, and Capital Area United Way. This initiative, now in its sixth year, provides students in the Lansing School District a savings account with MSUFCU to help save for college or trade school. In addition to savings accounts, students receive financial education lessons from MSUFCU's Financial Education Department on topics such as savings, money management, and needs vs. wants. From January through May, 854 financial education lessons were given in classrooms totaling 15,065 attendees and 427 hours spent virtually teaching.
"My son has participated in the program since he was in kindergarten, and he is now in second grade," a parent of a Lansing SAVE student shared with us. "The program is easy to participate in; we take deposits to our local MSUFCU branch and just give them his name and make a deposit. My son has also talked about how excited he is to be saving to go to college. Family members have even been able to deposit into his account as a gift. My son mostly loves the financial lessons, so when Miss Jessica, Miss Cece, or Miss Jamara visit his classroom, it's always a great day."