SANTA ROSA, Calif.—Redwood Credit Union here is celebrating National Credit Union Youth Month in April with two new contests to promote good saving habits for children and teenagers.
The contests are built around this year’s Youth Month theme, "Wild About Saving." RCU members ages 13 through 17 are invited to submit a 150-word description of their current saving plan and goal at www.redwoodcu.org/youthmonth. One winner from each branch, selected based on the demonstration of sound saving principles, will receive a $50 deposit to their savings account. An overall winner will also have their submission published in RCU’s Jr. Partner Post, a quarterly newsletter for RCU’s teen members.
Members 12 or younger can participate in a coloring contest by downloading and completing a “What Are You Saving For?” coloring sheet featuring RCU’s mascot Reddy the Redwood. Each coloring sheet features a word bubble where kids can write or draw what they are saving for, and one winner from each branch will have $50 deposited into their savings account.
Other credit unions also participating in National Credit Union Youth Month and Financial Literacy Month:
- In Austin, Texas, A+ FCU is inviting all members 18 and younger to participate in its youth education and savings initiatives, including offering a chance to win a $100 gift card to any youth members who deposit $5 or more.
- In Eau Claire, Wis., Royal Credit Union (RCU) is encouraging its members to get “Wild About Saving.” All of its elementary School $ense locations are staging a color challenge April 6-17. Super Savers in the elementary and middle schools will be able to take advantage of a double stamp week April 13-17 and register to win a savin’ safari themed prize basket April 20-24. RCU operates 27 school site offices located in Balsam Lake, Chippewa Falls, Colby, Eau Claire, Rice Lake, River Falls and St. Croix Falls.Royal Credit Union will be holding a Money Smart Week “The Big Read” story time at the 11th annual Xcel Energy Kids Expo on April 12 from 11:00 am to 4:00 pm at the Eau Claire Indoor Sport Center. RCU will stage a Kids Club promotion from April 20-25 by depositing $5 into any Kid’s Club Savings Account that is opened for members 12 and younger.
- In Danbury, Conn., students at Henry Abbott Tech took a glimpse into their future by attending a Financial Reality Fair sponsored by Sikorsky Credit Union. This year marked the third straight year that Sikorsky Credit Union has held a Reality Fair for students at Henry Abbott Tech, and the seventh year the CU has held the fairs overall. “Today’s experience reminded me of the value Reality Fairs bring to the students who learn just how much real life costs and the appreciation the school administration has for bringing this real-life scenario to their students,” mentioned Vincent Ciambriello, president and CEO of Sikorsky Credit Union, who participated in this event as a financial counselor.