First New York Treats a KID$ Banker Just Like a Millionaire
Tucker Schwab, a kindergarten student at Hillside Elementary School in the Niskayuna School District, was treated like a Millionaire for a Day by First New York Federal Credit Union.
First New York Federal Credit Union has been teaching thousands of area students for years to save their money through its KID$ (Keep Investing Dollars Savings) Program. To celebrate the students’ success, the credit union randomly selected a school banker to be treated like a millionaire. As the Millionaire for a Day, Tucker Schwab and his classmates were treated to a pizza party. In addition, Tucker received ice cream certificates, Via Port Aquarium tickets and his very own power wheels mini-cooper car!
Tucker, like many other students at Hillside School, makes deposits each week from money he has earned by doing chores, receiving allowance and birthday money.
“It is important that young children learn that making deposits every week and saving their money will enable them to purchase what they need, and later what they want,” commented Carol Valenza, Vice President of Marketing for First New York Federal Credit Union. “This is one of life’s most important skills to understand and have, and when young children are actively involved in saving money they will grow to become better money managers as adults,” stated Valenza.