Come learn about the basics of banking with Patelco Credit Union!
Primary Focus: Establishing a healthy relationship with a financial institution and managing money safely.
What Teens Learn
- Why banking relationships matter
- Differences between banks, credit unions, and digital banks
- How checking and savings accounts work
- Interest basics (earning vs. paying interest)
- How to access money using debit cards, ATMs, digital wallets, and online banking
- Risks of being unbanked
- Check-cashing services and their costs
- ChexSystems and account management
- Maintaining healthy banking habits
- Financial wellness resources
Why It Matters
Before someone can effectively build credit, they need a foundation in banking. This workshop teaches:
- How to open and manage accounts
- How to safely store money
- How to receive direct deposit
- How to save for goals and emergencies
- How to avoid banking mistakes that can make it difficult to open future accounts
The presentation focuses on financial stability and day-to-day money management rather than borrowing.
Room: Library Program Room, Sunnyvale Main Library
Audience: Teens age 13 and up
Registration: Optional. Register for an email reminder. Register for Teen Finance: Banking Principles
Like all Sunnyvale Public Library programs, this event is free to attend. For questions and disability accommodations, contact the Library at 408-730-7300 or chat with a librarian.
