Giving Back

Eglin Federal Credit Union and Okaloosa Saves partner in summer youth savings campaign

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 108 youth under the age of 18 who participated with deposits totaling $18,685. […]

Jared Williams

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 108 youth under the age of 18 who participated with deposits totaling $18,685. 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, there have been 3,386 children making deposits totaling $350,104.07.

The six winners were:

Genesis Albright, Fort Walton Beach
Dorothy Kollar, Fort Walton Beach
Mason Mueller, Fort Walton Beach
Nathan Smith, Crestview
Ruby Smith, Mary Esther
Soulina Sellers, Destin

The six winners were presented a certificate by Okaloosa Saves at the Okaloosa Board of County Commissioners board meeting on Tuesday, July 19.

Chairman Mel Ponder, District 5, said, “Wise money management is such a beneficial skill to learn. The knowledge our youth gain in the Teach a Child to Save program will positively impact them now, their future families and businesses right here in our community in the years to come.”

“Okaloosa Saves has been active in encouraging people of all ages to save money for life events,” said Eglin Federal Credit Union President/CEO Jerry Williams. “We are proud to have partnered with Okaloosa Saves for 18 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, “It is never too soon to start teaching children to save. Helping them to develop good saving and spending habits in their youth can carry over into adulthood, especially in having funds for emergencies.”

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

Join the conversation...Cancel reply

Continue reading 👇

Business, Giving Back

Eglin Federal Credit Union donates $1.9 million to local nonprofits

Business

Eglin Federal Credit Union names Cathie Staton new President/CEO, Jerry Williams to retire

Events

Registration closing soon for 10th Annual CMSAF Binnicker Memorial Run

Military

Brig. Gen. Massaro holds first all-call as Eglin Test Wing Commander

Ronald Alleman commented on SS United States artificial reef project remains on track despite temporary delay

“What about the oil previously reported to still be in the bilge ?”

Respond

Claire Edwards commented on SS United States to begin final journey from Philadelphia to become the world’s largest artificial reef

“In 1963 I was on the SS United States with my parents and sisters. We docked in New York very close to Christmas. I was 16 yrs old and had...”

Mike Ciolino commented on SS United States artificial reef project remains on track despite temporary delay

“Thanks Jared for a concise factual article. Too much false narratives floating around social media.”

Chris commented on ‘GENERATIONAL OPPORTUNITY’: Okaloosa County sets sights on Eglin AFB orphan parcels for development

“Thee is no such a thing as affordable housing for over half the people that live in this area. People can’t afford 300, 400 or 500k for a house. Build...”

“That portion has been closed because of wild hogs destroying it, I believe”

Kevin Jones commented on ‘GENERATIONAL OPPORTUNITY’: Okaloosa County sets sights on Eglin AFB orphan parcels for development

“Got make up for the 10 mill purchase of the SS United States and getting fined 1k a day while it still sits in port”

Terence R Porch commented on ‘GENERATIONAL OPPORTUNITY’: Okaloosa County sets sights on Eglin AFB orphan parcels for development

“Follow the $. It's highly probable the developers have a military connection. And "affordable housing" is a sad case of smoke and mirrors.”

Richard Burkart commented on Okaloosa School District breaks ground on new Pineview School in Crestview

“Why not give the actual location of the new school, but from the little you gave on that point, I'm "assuming" that it will, like just about nearly every school...”

Hrntphxr commented on Twin Cities Hospital marks 45 years of growth with $46 million in recent improvements

“Is HCA Twin Cities able to provide cardiac care?”

John commented on Florida acquires 2,483 acres for new Walton County state park

“It is amazing on one hand Walton county will purchase 2,000 acres for a state park and claim it is all about the enviroment amd protecting the Florida Black Bear...”