iQ launches new banking app for education

Free for iQ Credit Union members, CashCamp offers an alternative to paid banking apps for young people. It doesn’t require an additional app, but instead integrates directly into the digital arm of iQ, the credit union’s online banking system, making it easy and convenient for parents and kids alike. Users can use a checking account and debit card with the app, which can be accessed via laptop, phone or tablet.

CashCamp builds on iQ’s strong heritage of supporting children, teachers, and financial literacy. At schools and community events, iQ provides financial education through interactive games, presentations and workbooks. Children receive “education boxes” when they open their cash account or after making 10 deposits. The boxes contain prizes and educational games that teach children how to manage their money.

“This new app enhances those options and gives parents and kids a way to talk about financial literacy and make it actionable and realistic for what they’ll be going through when they grow up,” Walley said.

CashCamp is now available to all children with a savings account through iQ Credit Union.

ABOUT iQ CREDIT UNION

iQ Credit Union is a full-service financial institution serving the Pacific Northwest since 1940. With over 97,000 members in Washington and Oregon, the credit union is known for its deep commitment to financial education and community engagement – ​​and for its red and black buffalo plaid colors. iQ helps Wanderers and Explorers achieve their financial goals by offering honest and friendly advice at one of its 15 branches. More information is available at iQCU.com.

SOURCE iQ Credit Union

Michael J. Birnbaum