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School Projects & Programs

The Fat Cat® is where it’s at! ($15,000 for Christian Schools!)

January 01, 2001

Giving back to the community is very important to us at the Christian Credit Union and one way in which we try to do this is through our Fat Cat® and Headstart® saving programs. These programs help young people to establish and maintain an effective savings plan by providing two different incentives for saving: the regular account interest and a $5.00 bonus which is paid to all students who have kept pace with their minimum monthly contribution ($1.00 per grade level). In addition to this, many of the students can also earn money for their respective schools!

For children in our local Christian schools, saving has never been easier! Regularly we send a teller out to the schools so students can open accounts, make deposits and withdrawals and maintain their passbooks in order to watch their savings grow. For students who attend the schools that participate in the matching program, the Christian Credit Union matches the $5.00 student bonus and pays that same amount to the school. The school also earns $5.00 for each new account opened on its campus.

In 2000, the Christian Schools that participated in the matching Fat Cat® and Headstart® programs received a special matching bonus. The Christian Credit Union paid out $15,000; approximately five times the normal matching amount! Of this amount, the Edmonton Christian Schools received $10,900: $3,350 for Northeast, $4,980 for West and $2,570 for Edmonton Christian High. Parkland Immanuel Christian School received $2,870. And Trinity Christian School in Calgary, whose program is run by dedicated parent volunteers, received $1,270.


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