The National Youth Saving Challenge™, sponsored by GreenPath Financial Wellness, is held during the month of April in conjunction with Youth Month and is hosted by the Credit Union National Association.
By starting youth on the right path setting goals and saving to reach them, the National Youth Saving Challenge helps credit unions build strong, long-term relationships with youth and their families.
Last Year, 94,466 young members deposited more than $20.5 million into their savings accounts during this national event—with 8,844 of those being new accounts! Read about why credit unions take the challenge.
Participation is FREE. Only affiliated credit unions can participate. Read the full rules and regulations.
Steps to Participate:
- Set 3 goals and register.
- Number of members under age 18 you expect to make deposits
- Number of new accounts you hope to open
- Total amount you expect youth to deposit during April.
- Post rules on your credit union's website.
- Find a mentor.
- Promote the Saving Challenge to youth and parents.
- Track new youth accounts and deposits.
- Select one person to coordinate tracking deposits.
- If tracking cannot be done electronically in weekly or end-of-month reports, have each child (with parental permission) complete a registration slip to be deposited in a central location. Use these slips to tally deposits; you do not need to send them to CUNA.
- Report your results.
- Return to this site to report your results by noon (CT) on May 13, 2015.
- Only credit unions reporting actual totals are eligible for the $100 prize drawings.
- Announce results using a press release. Distribute to local press, and publish results on your website and in your newsletter. Send results to your sponsor groups.
Questions? Visit our Frequently Asked Questions page.
National Youth Involvement Board (NYIB) Reminder:
Every student counts! Remember to report youth presentation numbers to NYIB. Strong numbers demonstrate to state and national legislators how the credit union industry is changing lives through their commitment to financial literacy.
Last year we awarded:
- $2,500 in prizes for youth: Thanks to support from GreenPath, 25 young credit union members received $100 cash prizes.
- Nearly $3,000 in prizes for participating credit unions.
2014 National Youth Saving Challenge Youth Winners:
Arca, Age 3
Members First Community CU
Ryan, Age 3
Michael, Age 11
Great Lakes CU
Tayler, Age 9
Corry Jamestown CU
Jailene, Age 10
Greater Chautauqua FCU
Nathan, Age 9
Sean, Age 11
School Systems FCU
- Nathan, age 7, of Grand Rapids, Mich., from AAC Credit Union
- Madison, age 17, of Garland, Texas, from America’s CU
- Savannah, age 13, of Wyoming, Mich., from ATL Federal Credit Union
- Joella, age 8, of Watertown, S.D., from Avanti, FCU
- Cooper, age 4, of Mattoon, Ill., from Blaw-Knox CU
- Jack, age 7, of Saginaw, Mich., from Catholic FCU
- Ayden, age 3, of Stockton, Calif., from Central State CU
- Tayler, age 9, of Corry, Pa., from Corry Jamestown CU
- Tanner, age 10, of Jeannette, Pa., from Elliott FCU
- Ann, age 10, of St. Peters, Mo., from 1st Financial FCU
- Michael, age 11, of North Chicago, Ill, from Great Lakes CU
- Jailene, age 10, of Falconer, N.Y., from Greater Chautauqua FCU
- Renesia, age 17, of Richmond, Va., from Henrico FCU
- Avery, age 7, of Glens Falls, N.Y., from Hudson River Community CU
- Sophie, age 2, of Lafayette, La., from Lafayette Schools FCU
- Lenny, age 9, of New Johnsonville, Tenn., from Lakeside ECU
- Arca, age 3, of Quincy, Ill., from Members First Community CU
- William, age 16, of Niagara Falls, N.Y., from Niagara’s Choice FCU
- Ryan, age 3, of Herndon, Va., from Northwest FCU
- Jonah, age 6, of Cloquet, Minn., from Northwoods CU
- Delaney, age 8, of Eugene, Ore., from Oregon Community CU
- Thomas, age 6, of Princeton, N.J., from Princeton FCU
- Sean, age 11, of Troy, N.Y., from School Systems FCU
- Dylan, age 11, of LaGrange, Ohio, from Sun Center FCU
- Nathan, age 9, of Bridgeville, Pa., from Visionary FCU