The money habits we learn early in life help shape our financial future. That’s why it’s so important to develop healthy financial habit at a young age. To encourage our young members learn to save and spend money wisely, RTN and credit unions nationwide are observing Credit Union Youth Month in April.
During Credit Union Youth Month, we are focusing on helping kids and teens get a good financial start by highlighting the products and services RTN offers, including:
- Savings Accounts: Young members are encouraged to open a savings account (with a parent or guardian as co-owner for those under age 18) and make a habit of putting money into the account regularly.
- Class Act Checking: Members ages 24 and under can learn responsible money management with an RTN Class Act Checking Account, which features no monthly fees, no ATM fees, ATM surcharge reimbursement up to $10 per month, free Mobile and Online Banking with DeposZip (remote check deposit) plus a $10 gift card when opening the account.
- James A. Burley, Jr. College Scholarship Contest: College-bound members have the chance to earn scholarship money by entering the James A. Burley, Jr. College Scholarship Contest, open to RTN members and their dependents who will be enrolled full-time in an undergraduate or post-high school technical college in the fall of 2021.
To top off the month, we’re sponsoring a virtual financial education seminar for kids and teens.
“A Beginners Guide to Building Wealth” will be held Thursday, April 29 from 2:15 to 3:30 pm. This complimentary seminar, open to all, will cover how to manage money, plan for future earnings and the meaning of debt. Information on registration will be available soon.
For information on opening a savings account for kids or a Class Act Checking Account, contact Member Services at 781-736-9900. You also may make an appointment (online or by phone) to visit a branch near you.