University Credit Union (UCU) is excited to introduce Maine families and educators to MoneyIsland(TM), a free video game-based financial literacy program designed to help kids ages 8-14 learn basic money skills while earning fun prizes.
Financial literacy is at an all-time low in the United States, meaning many children are not receiving the knowledge and developing the skills necessary for a successful financial future. By offering MoneyIsland as a free online resource for educators and families to access anytime, UCU hopes to solve the financial literacy gap for future generations while making the experience easy and fun for parents and children alike.
“Offering MoneyIsland is a continuation of UCU’s community outreach efforts and our core values of fun and caring,” said Matt Walsh, president and CEO of University Credit Union. “It’s our sincere hope that by providing this program free for the public, teachers will have the tools to teach financial literacy in the classroom, local libraries can make the program available to families without home internet connections, and parents will feel empowered to teach their children basic money skills in a fun, no-pressure environment.”
MoneyIsland focuses on three key financial areas: Savings & Spending, Earning & Investing, and Using Credit Wisely. After obtaining a MoneyIsland Boarding Pass (available by contacting UCU), children can embark on quests to exotic destinations, like the Eiffel Tower and Lost City of Atlantis, while learning real-life principles of monetary responsibility and earning prizes, like custom T-Shirts and movie passes.
Designed and tested by teachers, MoneyIsland employs a hands-on approach that is aligned with the Jump$tart Coalition for Personal Financial Literacy, and is supplemented by classroom lesson plans. To use MoneyIsland in your classroom or home, visit ucu.maine.edu/money-island or call/visit a UCU branch.
About University Credit Union
Established on the University of Maine campus in 1967, University Credit Union is an innovative, full-service financial institution with a mission to actively advance the financial well-being of our members in every stage of their lives. UCU is the seventh largest credit union in Maine in terms of total assets and the third largest in terms of total members. UCU has nine retail locations across the state serving the University of Maine System students, employees, and alumni and their families primarily. Branches are located in Orono, Bangor, Farmington, Gorham, Portland, and Presque Isle. For more information visit ucu.maine.edu.