Fat Cat

School Savings Program

FAT CAT® account is designed to introduce your child to the concept of money management. Opening an account for your child not only helps to establish the groundwork for their financial future but also enables him or her the opportunity to develop money management skills. Having their own money gives your child a sense of responsibility and allows them to set goals such as saving for a new bike or a present for Mom.

The program not only helps to establish the groundwork for your child’s financial future, but also enables him or her the opportunity to develop money management skills. The St. Joseph's Credit Union FAT CAT® School Program is a savings program designed specifically for school aged children and offers the following benefits:

  1. Develops regular savings habits by providing a convenient place for regular deposits.

  2. Teaches the value of money in a consumer society.

  3. Encourages students to manage their own finances.

  4. Encourages cooperative values and principles.

Program Features

  • Indiviudal account numbers and passbooks for all students

  • Absolutely no service charges

  • Daily interest savings account

  • No minimum balance required – no deposit is too little or too big!

Every Wednesday we have staff that go to École Beau Port to collect for Fat Cat accounts.

 

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