Program History
TBA Credit Union is committed to advocating financial literacy through creative programs designed especially for area youth. The Student-Run Credit Union program is free and available to any school within 25 miles of TBACU. Credit union staff members help students operate their own school credit union branches:
- providing financial education to students,
- encouraging personal financial responsibility,
- increasing student confidence,
- developing responsibility and leadership skills,
- promoting practical math applications and
- cultivating career awareness and employ-ability skills.
In 2010, TBA Credit Union launched a unique program designed to encourage fiscal responsibility and leadership skills among area youth. Student-Run Credit Unions were introduced in four local schools that year in November and now fifteen operating branches exist throughout the five-county area. During the 2019-2020 school year, 210 student volunteers processed 455 transactions, helping peers from their schools save $6,582.31. The Student-Run Credit Union Program can operate in any school at no cost to participating districts.
2024-25 Participating Schools
- Blair Elementary
- Cherry Knoll Elementary
- Courtade Elementary School
- Eastern Elementary
- Glen Lake Community Schools
- Long Lake Elementary
- TCAPS Montessori
- Traverse City Christian School
- Trinity Lutheran School
- Willow Hill Elementary
Is your student’s school on this list? If so, open a Money Magic account (Ages 0-12) for your student – they can make deposits right at their school! Start saving with an SRCU Money Magic Account today!
Money Magic Club (0-12)
TBA Credit Union wants to help guide students on their journey to master the enchanting subject of money by making saving a fun and educational experience. That’s why we’ve developed “The Money Magic Club,” a program designed to teach students that saving money, even a little at a time, can be magical!
- $5 minimum balance with no monthly service fee.
- Passbook of Secrets to record transactions and win prizes.
- Birthday Celebration MMC members will receive a birthday card inviting them to come to play PLINKO to win birthday money to deposit into their account.
- Automatic enrollment in iTeens MMC Members will be automatically enrolled in iTeens on their thirteenth birthday.
Open an SRCU Money Magic Account at a Participating School Here!
If you would like to see a Student-Run Credit Union Program at your school, please contact the marketing team by emailing marketing@tbacu.com or by calling 231.946.7090.
What is Student-Run Credit Union?
Our Traverse Heights Elementary volunteers describing their Student-Run Credit Union positions.
Deposit Day Schedules
What do participants say?
“I love being able to make deposits at my school.”
-Addison K., Money Magic account holder and SRCU participant
“My Money Magic Account helps me understand the importance of saving!”
-Remy B., Money Magic account holder and SRCU participant