EAST LANSING, Mich. — During National Credit Union Youth Month, Michigan State University Federal Credit Union said more than $1 million was deposited, surpassing the total of youth account deposits made in 2018 by more than $300,000. The top prize was a $100 1-Year-Add-On Certificate.
“Each April, we focus on sharing financial information with our young members, teaching them savings strategies so they can achieve their dreams,” said Deidre Davis, MSUFCU’s chief marketing officer. “This savings contest, as well as the career goals photo contest, are creative ways we helped them look forward to their futures and envision their goals.”
More than 2,500 deposits were made into MSUFCU youth accounts during the promotion. Youth members could enter the career goals photo contest by submitting a picture of themselves dressed for their dream job, with one winner receiving $250. In addition, all youth members who visited a credit union branch during April received a free gift.