Financial literacy is a crucial life skill for young people, but it’s one that too few are learning. That’s why in April, Superior Choice Credit Union is focusing on helping youth become more financially fit. April 25-29, Superior Choice Credit Union will be hosting events that will help local youth strengthen their money skills and pump up their savings.
“Youth fitness has become a national priority, with an emphasis on exercise and proper nutrition,” said Superior Choice Credit Union President/CEO Gary Elliott. “But with all the hurdles facing young people in the future, historic levels of student debt, we believe financial fitness is just as important.”
The theme of National Credit Union Month is “Credit Union Strong.” Like all credit unions, Elliott said, Superior Choice Credit Union is a member-owned, not-for-profit financial cooperative.
“Member education and concern for the community are part of the foundational principles of our business structure,” Elliott said. “Passing along basic money skills to the next generation so that these kids might have a brighter future embodies both those principles—and that’s what we believe it means to be credit union strong.”
One way that Superior Choice Credit Union is facing this challenge is through an on-site school credit union in an effort to provide an authentic learning experience for students and to assist them in developing practical skills beyond the classroom. It also stresses the importance of saving money, the responsibility of a job, and the concept of teamwork. SCCU works in a partnership with area schools by operating an office of the credit union for one hour, one day a week at various schools.
To celebrate April being National Credit Union Youth Month, here are some of the upcoming events that hosted by Superior Choice Credit Union:
- Each branch of SCCU will host a Credit Union Strong coloring contest for kids up to age 12. Stop by your nearest SCCU branch to pick up the coloring contest page or click here to download the printable coloring page PDF. Each branch will randomly select the winner of a $25 VISA gift card after April 29.
- All students who make a deposit at the SCCU school credit union during April 25-29 will be entered to win a drawing for a $25 VISA gift card. A random winner will be selected after April 29.
- From April 25-29, SCCU will deposit the first $5 into new accounts that are opened by anyone 18 years of age and under. (Membership eligibility required. Federally insured by the NCUA. Special is only available 4/25/2016-4/29/2016. Offer is subject to change or discontinue at any time.)
- College scholarships are available to SCCU members. The application period ends April 30, 2016. Click here for information.