Wisconsin youth save nearly a quarter of a
million dollars in April
Over $246,323 was saved by Wisconsin's young credit union members as
part of the 2012 Youth Savings Challenge, held during the month of April
in conjunction with National Credit Union Youth Week. During this year's
challenge, 2,019 young members in Wisconsin under the age of 18 made
deposits for an average of about $80 per child. 205 new youth accounts
Credit unions across Wisconsin and the country observe National Credit
Union Youth Week, as well as the Savings Challenge, to motivate
children, teenagers and their parents to become more active users of
credit union services.
As part of the Youth Savings Challenge, 10 participants from credit
unions across the country were also chosen at random to receive $100.
This year a young member from PCM Credit Union in Green Bay was chosen
as one of the 10 winners.
Nationally, 125,867 young people made more than $21.3 million in
deposits during Youth Week. That averages to about $169 per child. More
than 7,300 new accounts were also opened by young people as part of the
The theme of this year's Youth Week was "Be a Credit Union Super
In 2013, National Credit Union Youth Week will be held April
21-27, and the Savings Challenge will run throughout the entire
month of April.
Wisconsin youth save nearly a quarter of a million dollars in April