The Kids Marketplace is a hands-on financial education activity designed to introduce elementary school children to financial choices and help them understand the difference between wants and needs. Volunteers from the credit union, the Virginia Cooperative Extension and the Alexandria community made these events successful.
The first event was held in the library of Cora Kelley School for Science Math and Technology on January 24 with 18 students completing the program. The second was held on January 28, 2013 in the library of John Adams Elementary School with another 18 students participating in and completing the program.
The event had a great deal of positive feedback from not only the kids who left with a better understanding of needs, wants and compromise, but from the volunteers as well. Florence M. King of FMK INC, who was a community volunteer, stated, “The session was great. I thoroughly enjoyed volunteering. The marketplace activity was inches away from reality. Keep up the good work.”
CommonWealth One continues to participate in these educational activities for young people.
About CommonWealth One Federal Credit Union
Since 1944, CommonWealth One Federal Credit Union, headquartered in Alexandria, VA, has grown to become one of Washington, D.C. and Northern Virginia’s top credit unions with more than $304 million in assets serving more than 36,000 members. CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial institution of its members. It provides its members with lower fees and loan rates, plus higher savings rates. Excess earnings are returned to members in the form of higher dividend rates, lower interest rates on loans and low or no fees.
CommonWealth One has branches in downtown Washington, D.C., Alexandria, VA, and Harrisonburg, VA (one branch is located on the James Madison University campus). Members can access their accounts through Online Banking, Mobile and Text Banking, plus a network of over 6,700+ shared branches and 50,000+ transaction-