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April 19,2023
iQ Credit Union’s Educational Banking App for Kids!
CashCamp Provides
Uncommon Service
in Credit Union
Industry
iQ Credit Union announced today the
launch of CashCamp, a new educational
banking app that helps educate kids ages
7-14 about good financial habits and how
to manage their money.
“CashCamp provides an introduction
to all aspects of finance: saving, budget-
ing and lending,” Tim Walley, education
programs supervisor, said. “The app pro-
vides easy-to-use tools to help kids make
the most of their account, including easy
transfers with their parents, setting up
savings goals, making a budget and tak-
ing out loans from their parents. Plus,
the app gamifies saving money by letting
kids earn trophies for hitting their sav-
ings goals, and lets kids compete on lea-
derboards with their siblings to see who
can save the most.”
Free to members of iQ Credit Union,
CashCamp provides an alternative to
paid youth banking apps. It does not re-
quire an additional app but rather inte-
grates directly into iQ’s Digital Branch,
our online banking system, making it
easy and convenient for parents and kids.
Users can use a checking account and a
debit card with the app, which can be ac-
cessed through a laptop, phone or tablet.
CashCamp ties into iQ’s strong legacy
of supporting kids, teachers and finan-
cial literacy. At schools and communi-
ty events, iQ offers financial education
through interactive games, presentations
and workbooks. Kids receive “educa-
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You can feel better about gambling — starting today.
tional boxes” when they open their cred-
it union account or after completing 10
deposits. The boxes have prizes and ed-
ucational games that teach kids how to
manage their money.
“This new app enhances these options
and provides a way for parents and kids
to talk about financial literacy and make
it actionable and realistic for what they’ll
experience when they’re grown up,”
Walley said.
CashCamp is now available to all
kids with a savings account through iQ
Credit Union.