April is National Credit Union Youth Month
Living Smarter: Making Saving Fun for Kids
Saving Incentive Giveaway for the Utica Zoo
April is National Credit Union Youth Month, so we’re encouraging children to save money! This year’s theme: “Give a hoot about saving.”
To make it fun and give them a little incentive to save, we’re holding a contest throughout April. Any Member under the age of 18 who makes a deposit in their CU Succeed or Kirby Kangaroo account—or opens a new youth account—from April 1 to April 29 will automatically be entered into a drawing to win either a Utica Zoo Day Pass (4 winners) or the grand prize of a Utica Zoo Meet & Greet with Grace the Bard Owl and an Exclusive Animal Encounter (1 grand prize winner). See details below!
The Biggest Lesson: Start Saving Early
We could all take this advice to heart: the earlier we start saving, the more our money can work for us through the power of compound interest. If we can impress on our children the importance of saving a little every week or month, they can see their savings grow! Of course, as they save, they can plan for spending a little on something for themselves, something for charity, and the rest for longer-term plans. Learn more about a fun way to do it!
See how saving early makes a big difference:
We have accounts and programs for all ages, each with features, incentives, and activities tailored to a child’s age, from very young to young adult.
Our Kirby Kangaroo Club is designed for kids aged 0-12. If they open an account, they are automatically part of the club! Parents or a legal guardian can open it for them, and for every $5 they deposit, they earn 1 Kirby Buck. Kirby Bucks can then be saved and redeemed for prizes. Savings accounts for these children include low-entry vehicles with rewards and fun activities. They include the Saveroo Savings Account and Investeroo Share Certificate. More information is available at your local branch.
Our CU Succeed/Claim Your Youth Program is geared toward our teenage Members. Designed for kids aged 13-17, this program allows them to earn Kirby Bucks for saving and prize redemption as well, and they can also start managing their money, while learning about loans, credit, interest, and dividends. Accounts for this age group include the Savvy Saver Savings Account, My Terms Share Certificate, Money Manager Checking Account (a joint account with parent or legal guardian), and My Own Loans and low-fixed-rate credit cards for developing good credit.
We look forward to helping our young members learn to make smart financial decisions by adopting good saving and spending habits early. Stop in to get them started, and make sure you enroll them in our contest during April!