Teen Smart Money Club Members
Summer 2016
Build a Good Credit Score
There are all kinds of “credit” - you can take all the credit, give credit
where credit is due or earn extra credit in class. There’s another type of
credit - financial credit - that deals with borrowing money. You probably
borrow money from your friends and family. Pretty soon you might be
interested in borrowing from the credit union. Whether or not you can
do that will depend on a special kind of grade. It’s called a “credit score.”
What’s a Credit Score?
Your credit score is a lot like the A’s, B’s, and C’s on your report card.
Your grades show what kind of student you are; your credit score shows
what kind of money manager you are. Your credit score is a three-digit number that helps lenders
decide whether or not to lend you money and at what price. That number is based on a mathematical
formula that uses your habits and borrowing history to find out how likely you are to pay back a loan.
Here’s an example: think of all the times you’ve borrowed a dollar from a friend or parent that you
didn't pay back. If all of that unpaid money appeared on your credit report, what would it look like?
Your credit history shows:
1. How much money you’ve borrowed
2. How much you owe
3. How well you’ve done at paying it back
It follows you wherever you go and can change over time. Your credit score helps lenders determine
how dependable you are. The higher your score, the more options you will have. Even though you’re
young, it’s important to start thinking about credit scores.
Why should you care?
If you start thinking about your future now and practice good habits, you’ll be ready when it’s time to
start building your credit and take out loans. A good credit score means freedom to buy what you
want and freedom of knowing that you’re covered in case of a big expense. And really, isn't freedom
what it’s all about?
Stop into NPM Credit Union with your parent(s) and ask how to start working towards a high credit
score today.
Youth Month Winners
Congratulations to Liliana Dombroski, Weston Faubert and
Maxwell Schmitz for winning a $15 gift card.
The coloring contest winners were Riley Willems and Coleten
Anderson. Both of them won a $5 gift card.
Pot of Gold Winner
Congratulations to Marissa Falish
who guessed the closest to the
actual amount of coins without
going over.
1. DEPOSIT
2. WITHDRAWAL
3. MEMBER
4. NOT FOR PROFIT
5. PROFIT
6. COOPERATIVE
7. INTEREST
8. INSURANCE
9. SAVINGS ACCOUNT
10. BUDGET
Answers:
Teens Cooking Corner
Submit your favorite recipe and have it printed in the newsletter.
Recipes for the upcoming seasons are always welcome! Please have an
adult help you.
Frosty Strawberry Pops
What you need:
4 cups of ripe strawberries; rinsed
 1/3 cup Tropical Punch Drink Mix
 Butter knife or straight-edged table knife
 1/3 dry measuring cup

Electric blender
 6 paper cups (5oz. each)
 6 small wooden pop sticks

Make It:
Remove stems from strawberries. Measure drink mix using a measuring cup, leveling
with a straight-edged table knife. Place strawberries and drink mix in blender container;
cover and blend on low speed for 1 1/2 to 2 min. or until smooth. Pour fruit mixture
evenly into 6 paper cups. Freeze 1 hour. Insert wooden pop stick into each cup. Freeze 3
more hours or until firm. Peel off paper cups to serve. Let stand a few minutes in room
temperature to soften lightly before serving.
2016 Scholarship
Winner
Congratulations to Olivia
Peters for being selected as
NPM Credit Union’s College
Scholarship recipient. We
wish Olivia and this year’s
applicants the very best in
their endeavors.
Youth Outing
Watch for the 2016 youth
outing details in the mail.
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