unlock the treasure of savings: April is youth month
SET SAIL FOR SAVINGS AT YOUR CREDIT UNION!
Every child harbors dreams of a bright and fulfilling future. Those dreams often come with a financial component, making it crucial for parents to instill the value of saving money in their children. This year, let's embark on an exciting journey of financial literacy and savings with the theme, "Unlock the Treasure of Savings."
Cultivating Lifelong Habits
Cultivating Lifelong Habits Teaching children the importance of saving from an early age can set the foundation for a lifetime of financial responsibility. By starting with small, achievable
goals, kids can develop the habit of saving money regularly. This not only prepares them for future financial challenges but also instills a sense of discipline and foresight.
Special Offer: $5 Treasure Coupon
During April, SCCU will deposit $5 into every new youth savings account for individuals aged 0-17. This not only kickstarts their savings journey but also provides a tangible reward, making the experience both educational and enjoyable.
Click here for your Treasure Coupon!
Exciting Prizes Await
SCCU is turning saving into a grand treasure hunt with a chance for young savers to win amazing prizes. Every youth deposit made to a youth account during April automatically enters the depositor into a draw for one of four $25 deposits to a youth account. Additionally, there are daily opportunities to win other fantastic prizes. Each day a deposit of $5.00 or more is made, a new entry is generated, increasing the chances of winning these exciting rewards.
**The Annual Percentage Yield (APY) for youth savings accounts is 0.150% as of March 31, 2025. The APY is subject to change at any time.? To qualify for the $25 bonus deposit, the recipient must maintain a youth savings account in good standing. The bonus will be awarded as a deposit into the youth account.? The bonus will be credited to the winning youth account within the month of May after the promotion ends.? There is no minimum balance required to enter the drawing; however, a youth savings account must be open and active to receive the bonus.? Each deposit of $5.00 or more made into a youth savings account during April earns one entry into the drawing for a $25 deposit. A total of four (4) $25 deposit prizes will be awarded. Daily prizes are also available through separate random drawings. Soo Co-op Credit Union reserves the right to modify or discontinue this promotion at any time. Membership and eligibility requirements apply.
How to Participate
Participating in this savings adventure is simple. Open a new youth savings account during April, and the $5 Treasure Coupon will be deposited into the account. For existing youth account holders, every deposit of $5.00 or more made during April automatically qualifies for the prize draws.
Conclusion
"Unlock the Treasure of Savings" is not just a theme; it's a commitment to nurturing financial responsibility and empowerment in the next generation. Through these initiatives, SCCU aims to make saving an engaging and rewarding experience for young savers. So, hoist the sails, chart your course, and discover the riches of financial success, one deposit at a time!
Stop by any Soo Co-op Credit Union Branch Office, or call us at 906.632.5300 to get started!
Resources for Parents
MY FIRST MONEY TALK TOOLKIT
Articles & Activities
Test your financial knowledge
School-age children and shopping
My credit spending rule to live by
Real Life 101 Podcasts:
What Parents Should Teach Their Kids by Kindergarten
What Parents Should Teach Their Kids by Middle School
What Parents Should Teach Their Kids by High School