New Alliance Federal Credit Union employees stay open after hours to give children a memorable experience during the Halloween Parade. Photo credit: Alan Freed Photography/Ambridge Connection
Santa and the Tooth Fairy have a long standing tradition of leaving gifts and treats for youngsters based on milestones and good behavior. New Alliance Federal Credit Union (NAFCU) is bringing that approach to report cards by rewarding kids for making good grades. The Ambridge-based credit union’s E is for Excellent Program helps teach young people the importance of saving and doing well in school by rewarding children and teens in grades K-12 for getting good grades.
“Good habits start young,” said CEO Florinda Zbrzezny. “We want to help teach kids how important it is to save money and try their hardest in school. By rewarding them for their efforts, our E is for Excellent Report Card Rewards Program accomplishes both these goals.”
To participate in the program, students must first have their own savings account with the credit union. After each grading period, a copy of their report card can be submitted by mail or to a nearby New Alliance Federal Credit Union branch office. Deposit $1 for each A in the qualifying subject areas into the student's account and the credit union will match each $1, up to a maximum of 5 per grading period. Qualifying subject areas include English, Language Arts, Math, Science, Social Studies, History, and Foreign Language.
“Good habits start young,” said CEO Florinda Zbrzezny. “We want to help teach kids how important it is to save money and try their hardest in school. By rewarding them for their efforts, our E is for Excellent Report Card Rewards Program accomplishes both these goals.”
To participate in the program, students must first have their own savings account with the credit union. After each grading period, a copy of their report card can be submitted by mail or to a nearby New Alliance Federal Credit Union branch office. Deposit $1 for each A in the qualifying subject areas into the student's account and the credit union will match each $1, up to a maximum of 5 per grading period. Qualifying subject areas include English, Language Arts, Math, Science, Social Studies, History, and Foreign Language.
E is for Excellent program rewards children for each A on their report card at New Alliance Federal Credit Union.
The savings can really add up. Students and their parents can watch the savings grow by accessing their account online or through quarterly statement mailings.
For more information about New Alliance FCU’s E is for Excellent Report Card Rewards Program, contact the credit union at (724) 266-7675, visit them online at newalliancefcu.com or on Facebook at facebook.com/newalliancefcu.
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For more information about New Alliance FCU’s E is for Excellent Report Card Rewards Program, contact the credit union at (724) 266-7675, visit them online at newalliancefcu.com or on Facebook at facebook.com/newalliancefcu.
Like Ambridge Connection on Facebook, follow us on Twitter and sign up for our weekly newsletter.
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