During the month of April, every youth member (age 17 and under) that made a deposit into their Share Savings Account was entered into a drawing to win one of three $100 prizes. The $100 prizes were deposited into the winners’ savings accounts in the beginning of May. Learning the importance of saving at an early age helps our young members avoid financial challenges later on in life.
Among this year’s winners was James Gultekin (pictured left). James says, “I am happy I got the $100 dollars. I will spend some of the money this summer with my Grama and save the rest. My Grama started my savings account. She puts $10 a month in a savings account for each of her 6 grandchildren. Thank you again. I was so excited I told all my friends.” Congratulations, James!
Evan Popp (pictured far right) and Ohan Fillbach (pictured right) were also winners of the $100 prizes. VSECU participates in the Youth Savings Challenge in an effort to engage young members in understanding an essential component of personal finances, saving. It’s important to discuss money matters with your children at a young age. We hope that all three prize winners will continue to make smart financial decisions and save for their futures.