Making Cents Youth Accounts

Land of Lincoln Credit Union wants to help young members build a strong financial future! With LLCU MAKING ¢ENTS YOUTH PROGRAM, they will have the tools and resources to do so. Our PENNY, NICKEL, and DIME Accounts were developed for different age groups in order to evolve with the changing needs of our youth as they grow older. As our young members transition through the MAKING ¢ENTS account levels, they will be equipped with resources and tools to make sound financial decisions and plans relevant to their own age level.


Account Offerings & Learning Tools:

Penny Account (AGES 7 & Under)

Penny Account

It is never too early to teach the importance of saving! LLCU’s Penny Account is designed to do just that! LLCU Penny Account members will receive an LLCU Coin Card to collect change until they are ready to make a deposit. They will also receive a Penny Punch Card and will get a “punch” for every $5 deposited into their Penny Account. Once the Penny Punch Card is full, they will be able to pick a prize from the LLCU Treasure Chest!

Account Details
  • Designed for Ages 7 & under
  • $5 to open
  • No monthly service fee
  • Earns dividends
  • Up to 6 withdrawals per month

* Automatic transfer to Nickel Account on 8th birthday.

What to Expect
  • Their own Account Card
  • Coin Card & Punch Cards
  • School aged members are eligible for LLCU’s Pays for A’s Program
  • Educational Content to teach about saving, counting, and more!


Penny Account Activities

 
Learning Modules
Activity Pages
Video

Nickel Account (AGES 8-12 YEARS)

Nickel Account 

Let your kid’s financial knowledge TAKE OFF with LLCU’s Nickel Account. This account and program will help teach them the importance of earning and budgeting money. They will receive punch cards, with more punches to encourage more saving. They will also receive an LLCU Budget Planner that easily shows how to divide their earnings into saving or spending. Whether they earn money through allowance, chores, or gifts, those deposits can help teach the importance of good planning. At the year end, they can bring in their completed LLCU Budget Planner to be stamped and receive a great prize!

Download your Budget Planner: Budget Planner PDF or Budget Planner EXCEL

Account Details
  • Designed for Ages 8 to 12
  • $5 to open
  • No monthly service fee
  • Earns dividends
  • Up to 6 withdrawals per month

* Automatic transfer to Dime Account on 13th birthday.

What to Expect
  • Their own Account Card
  • Budget Planner & Punch Cards 
  • Eligible for LLCU’s Pays for A’s Program
  • Educational Content to teach about the basics of earning, spending and saving!

 

Nickel Account Activities

 
Learning Modules 
Activity Pages
Video

* This video refers to transaction limits and fees in a general manner. For specific fee rates and limitations on your account, ask an LLCU Member Representative!

Dime Account (AGES 13-17 YEARS)

Dime Account

The teen years brings about more responsibility. The LLCU Dime Account will help them learn to take on more financial responsibility, while giving parents optimal supervision to their spending. With the Dime Account, your teen may have their own LLCU Debit Card. You, the parent, can control how much is deposited, how much is spent, all while working with your teen to budget and plan. Dime Account holders will be given a registry to keep track of deposits and debits, moving them one step closer to managing a checking account. At the end of the year, they can bring in their register to be stamped for a prize!

Account Details
  • Designed for Ages 13 to 17
  • $5 to open
  • No monthly service fee
  • Earns dividends
  • Up to 6 withdrawals per month
What to Expect
  • Their own Account Card
  • Eligible for Checking Account & Debit Card
  • Registry
  • LLCU’s Pays for A’s Program
  • Educational Content to teach about basic “adult” banking and saving for big future expenses!

 

Dime Account Activities


Learning Modules
 
Videos

*Saturday Night Live is a comedy sketch show. This sketch/video is indented to be funny. All jokes aside the video does explain how simple it should be to spend less than what you earn.

 

Incentive Programs

PAYS for A's Program

LLCU wants youth to know how important it is to work hard in school and make GOOD GRADES!

SO - WE’RE PAYING FOR A’s!

Here’s how to participate:

  • Open an MAKING ¢ENTS LLCU Youth Savings Account with just $5.00!
  • Count up your A's and bring in your QUARTERLY report card
  • We will deposit $1 into your account for EVERY “A” Grade (or equivalent).
  • Withdrawal the funds or KEEP SAVING – IT’S UP TO YOU!

To learn more about the LLCU PAYS for A's program, call 1-844-222-7788


RULES:

Must be eligible for membership. Report card presented must be official print out of school child is attending. Quarterly report cards only. Must redeem within 30 days of official report card posting date. Incentives earned for each “A” grade will be deposited in participant’s LLCU Youth Savings Account within 2 business days of presenting report card at any LLCU location. Pays for A’s Promotion valid from September 1st – June 30th each year.