Eglin Federal Credit Union partnered with Okaloosa Saves for the annual Teach a Child to Save campaign April 1 – June 30. Youth were encouraged to set a savings goal and make a deposit into a savings account at EFCU. This year there were 114 youth under the age of 18 who participated with deposits totaling $23,335.81. Their names were entered into a random drawing for six children to win a $50 deposit into their EFCU account from Okaloosa Saves. Since the program began in 2004, 2,286 children made deposits totaling $373,439.88.
The six winners are:
Takiyah Grayson, Valparaiso
Korben Marshall, Crestview
Joseph Nehiley, Baker
Leilani Stephens, Destin
Jimmy Stewart III, Freeport
Brayden Waters, Destin
During a certificate presentation at the Okaloosa Board of County Commissioners board meeting today, Chairman Trey Goodwin, District 4, said, “Okaloosa Saves has been a part of guiding people in Okaloosa County to become more financially stable for 20 years. We are especially grateful for their efforts in teaching young people about the importance of reducing debt and building wealth by creating a plan to save money year-round. Financial wellness helps promote overall wellness, and we appreciate Okaloosa Saves for continuing this effort for so many years.”
Eglin Federal Credit Union President/CEO Jerry Williams said, “We have partnered with Okaloosa Saves for 19 years to help teach children the importance of saving, and we look forward to this program every summer.”
Sherry Harlow, APR, serves on the Okaloosa Saves Board as the Treasurer and donated $1,000 to help with the Teach a Child to Save campaign. Harlow said, “We look forward to having a positive impact on youth and developing good saving habits for their future.”
Savings tips for parents:
• Talk about the importance of budgeting and saving money
• Visit your local EFCU branch to open a savings account or deposit into an existing account
• Teach the basics of investing
• Encourage them to be entrepreneurs
• Be a role model
For additional information, visit Okaloosa Saves on Facebook or Okaloosa Saves.
Follow EFCU on Facebook, Instagram, YouTube and LinkedIn or visit www.eglinfcu.org for news and financial education updates. If you are interested in working at EFCU, check out Careers at EFCU. Learn how you are Eligible to Become an EFCU Member (eglinfcu.org/join/).
Photo Caption: Winner Jimmy Stewart, III receives an Okaloosa Saves certificate with his mother, Shari Quintana. Eglin FCU’s Courtney Dollson (left) and Sherry Harlow (right) represented Okaloosa Saves. Pictured in back left to right are Okaloosa County Commissioners Nathan Boyles, Paul Mixon, Trey Goodwin and Carolyn Ketchel.