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National Credit Union Youth Month

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Are your kids on the right track to financial independence?

According to a 2014 survey conducted by Harris Poll on behalf of Junior Achievement USA (2014 Teens and Personal Finance Survey), 40{a16c29276902c0134dc3724dc6f6a60124a484baf737123e94c02cf5a4efbdc5} of teens do not have a savings account, checking account, or a debit card, and 59{a16c29276902c0134dc3724dc6f6a60124a484baf737123e94c02cf5a4efbdc5} of teens do not have money management classes offered at their schools. Achieving economic prosperity is difficult, and it’s especially hard for young people who’ve never learned how to manage money.

Winslow Community Federal Credit Union is ideally positioned to respond because we believe in the power of education. We’re here to help you launch the youth in your life toward financial independence, and here’s how:

Join. For starters, open a credit union share savings account for each child in your family. As soon as your child is able, bring them to the credit union to make their own deposits and withdrawals. Guide teenagers through using a debit card and tracking transactions.

Share. Include your children in household money discussions. Show them how you budget income and expenses. As their skills improve, give them challenges—such as finding a better cell phone plan, calculating the total monthly cost of owning a car, or sticking to a budget for back-to-school or holiday spending.

Coach. Remind your children to ask for help when they need it. Turn to your credit union when you want help. Our tradition of service and philosophy of self-help make Winslow Community Federal Credit Union and all credit unions a natural partner in pursuing financial security.

WCFCU Youth Month Events

Youth Savings Challenge

  • Youth Members compete to save the most money from April 1-28, 2016
  • Members ages 1-18 can enter the challenge.
  • Prizes will be awarded to the top savers in the following age categories: 1-6, 7-12, 13-18.

Winners will be announced on April 29, 2016. Parents/guardians giving permission for their youth to enter in the challenge can enroll their child at Winslow Community Federal Credit or submit on a 3″ x 5″ piece of paper the following information to Winslow Community Federal Credit Union:

  • Name of child
  • Date
  • Current age

Youth Month Raffle

  • 1st prize- Basket Full of Fun (full of gift cards, movie tickets, coupons, snacks, candy, etc.) – over $100 value.
  • 2nd prize- $50 Visa gift card
  • 3rd prize- $25 Visa gift card

Drawings will be held on April 29, 2016. You can purchase raffle tickets at Winslow Community Federal Credit Union, 12 Monument St, Winslow. The Youth Month raffle is open to the community of all ages, you do not have to be a member!

  • $1 for 1 ticket
  • $2 for 3 tickets
  • $5 for an arm’s length of tickets

Youth Coloring Challengecrayons

  • Compete in coloring Credit Union Strong Muscle Man from April 1-25, 2016.
  • Open to the Community (Do not have to be a member)
  • Judges will award prizes for the first place winner in the following age categories: 1-6, 7-12, 13-18.

 

Winners will be announced April 29, 2016. To compete in the Youth Coloring Challenge you must pick up the muscle man coloring sheet at Winslow Community Federal Credit Union and return your drawing before April 25, judging will start after April 25. All of our participants will have their artwork displayed on our walls at Winslow Community Federal Credit Union.