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Royal Credit Union Wants to Help Your Kids Find Money Magic!

 

Who: All Members 12 years old and younger
What: Royal helps youth prepare for their futures through financial education
When: Month of April
Where: In the comfort of your own home

Facebook Contest: We want to make sure to celebrate even if it’s in a different way this year.  Each Monday we will post a new activity for our Kid’s Club Members to complete and share.  We will pick 4 winners per week and each will win $25.  Watch Facebook for detailed instructions and make sure to use #RoyalCUYouthMonth on your posts.

New Account Incentive

Open a new Savings Account for children 12 years old and younger in April and Royal will deposit the initial $5.00 into the account. Children 12 years old and younger will automatically be enrolled into Royal Credit Union’s Kid’s Club and be eligible for prizes and invitations to exclusive Kid’s Club events.  This is for new accounts and Members only, one new savings account per person is allowed. 

Promoting the financial health of our youngest Members

Providing financial education embodies the credit union movement’s “people-helping-people” philosophy. The theme for this year’s National Credit Union Youth Month is “Money Magic. Share, Spend and Save at Your Credit Union”. Together, we’re encouraging our youngest Members to learn common financial concepts kids should understand:

  • Saving
  • Spending
  • Charitable giving
  • Investing
  • Budgeting

As more Americans seek financial guidance and more credit unions begin to offer services like financial counseling, it’s essential to consider initiatives that also educate young Members. If adults have trouble managing money, you can imagine that it’s going to be even more challenging for them to have conversations about money with the kids in their life. Royal can serve as an important ally for parents in their mission to teach their kids to be financially responsible.

If you have been wondering how to empower youth to save for their future, Youth Month is a great opportunity to start or boost your youth initiatives! Join us this April as credit unions across the country focus on educating youth about financial health. This year’s kid-friendly theme emphasizes the benefits of wise saving and spending using a cast of whimsical, kid-friendly characters. This celebration is a great time to engage kids at Royal and within your community to help them develop healthy money habits.

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