Student Run Credit Union

A lifetime of financial education that’s tons of fun, too!

Welcome to the Student Run Credit Union!

At over 50 schools across Michigan, students from kindergarten through 12th grade are learning real-world money skills by running their very own credit unions—complete with student tellers, managers, and marketers, all guided by Community Financial and supported by Michigan’s school districts!

Whether they’re making monthly deposits, growing their savings year after year, or stepping into volunteer roles to help their peers, we’re making sure that Michigan students are building savings skills that last a lifetime!

The savings success is totally real!

Beyond the hands-on experience gained, the savings add up! In 2024 alone, student members saved over $47,782 for an average account balance of over $359 per student! At well over $300 bucks each, that’s more than the median checking account balance in the lowest percentile of US households in 2022!*

Join The Student Run Credit Union

Get started here!

All it takes to join is a Kids or Teen Savings Account at CFCU! There are no additional sign-up steps needed—just start sending your student to school with their deposit on their deposit days!

Kids Ages 0-12

If your child is 12 or under, create a Kids Savings Account. With joint parental control, it’s a safe and secure way to start their savings journey. All it takes is $5 bucks and 5 minutes to join online.

Teens Ages 13-18

If your child is 13 or over, create a Teen Savings Account. You can select either a joint or individual account, based on your preference. All it takes is $5 bucks and 5 minutes to join online.

Kids & Teen Savings Accounts

Real accounts, real experience

A Kids or Teen Savings Account is all your student needs to get started in their school’s Student Run Credit Union!

Kids Savings

Designed for savers 12 and under, our Kids Savings Account is the first step any student can take!

No monthly maintenance fees or balance minimums
Earns interest and dividends
Full parental controls powered by digital banking
Automatically turns into a Teen Savings Account when they turn 13!

Teen Savings

For students ages 13 to 18, our Teen Savings Account offers a little more freedom for those ready to take their savings seriously.

No monthly maintenance fees or balance minimums
Earns interest and dividends
Full digital banking support through our app or web portal
Grow Your Change connected for automatic savings when paired with a Teen Checking Account!

Student Run Credit Union Deposit Days

Looking for your deposit days?

If you’re planning on visiting your school’s Student Run Credit Union, check out upcoming deposit days here!

Student Run Credit Union Details

How it runs

This is the real deal—students don’t just learn about credit unions, they run one themselves! Real savings translates to real-life savings skills, and starting with a strong foundation is the best way to be set up for success!

Real savings & real-life saving skills!

Real Community Financial Savings Accounts
Monthly deposit days
50+ participating schools
Student volunteer positions
Classroom lessons & activities

Students banking with Community Financial's student run credit union

Volunteer opportunities

Student volunteer opportunities

If your student wants to learn real-life leadership skills and take their learning even further, then a volunteer position is perfect for them! From managers to marketers, there’s a chance for all kinds of skills to shine through and promote smart savings habits.

To apply for a role, please have your student print and complete the application below, then submit it to their teacher!

Impact Team

Meet our Team

Jenn Truxell

director/ impact