FORT WALTON BEACH, Fla.–Eglin Federal Credit Union partnered with Okaloosa Saves for the annual Teach a Child to Save campaign.
Youth were encouraged to set a savings goal and make a deposit into a savings account at EFCU. This year there were 108 youth under the age of 18 who participated with deposits totaling $18,685. Their names were entered into a random drawing for six children to win a $50 deposit into their EFCU account from Okaloosa Saves.
Since the program began in 2004, there have been 3,386 children making deposits totaling $350,104.07, the credit union said.
The six winners were presented a certificate by Okaloosa Saves at the Okaloosa Board of County Commissioners board meeting.
“Okaloosa Saves has been active in encouraging people of all ages to save money for life events,” said Eglin Federal Credit Union President/CEO Jerry Williams. “We are proud to have partnered with Okaloosa Saves for 18 years to help teach children the importance of saving, and we look forward to this program every summer.”