SANTA ROSA, Calif.– Redwood Credit Union (RCU) is celebrating Credit Union Youth Month in April with giveaways and two contests that promote good savings habits for children and teenagers.
Jr. Rangers (RCU members ages 12 and under) are being invited to participate in a coloring contest that features outer space and robots to help the children learn about “The Science of Saving.” One winner from each branch will receive $100.
Jr. Partners (RCU members ages 13-17) are being invited to share—via song, imagery, or poetry—a savings goal they’re working to achieve. One winner will be selected to receive $250.
In addition, youth who open a new RCU savings account or deposit $100 into an existing savings account during April will receive:
- Color-changing cup and straw, and Reddy coloring book (Jr. Rangers)
- RCU key lanyard with savings plan printed on the back (Jr. Partners)
“RCU loves helping our young members learn about financial wellness at an early age,” said Wrynn Valentine, Financial Wellness Advocate. “We believe that helping them establish good savings habits from the start sets them up for success throughout their lives. And since April is also Financial Literacy Month, it’s a great time for smart money management to be top-of-mind for the whole family.”
As part of the Jr. Rangers and Jr. Partners program, young members receive dividends on the funds they save (on balances of $10 or more), a quarterly newsletter, online banking, and access to an educational website with games and articles that teach about money, the credit union said.