Your Little Superhero Could Win!

We would love to see pictures of your little superhero! Share a picture with us, and be entered to win a prize pack the whole family can enjoy. You have two options to enter:

Post a picture of your child to our page in his or her favorite superhero costume (homemade or store bought), with an explanation of why that superhero is their favorite! We won’t limit you to just the superheros with capes either--if you can provide an understandable explanation for your child’s superhero, then we will accept it. 

OR

Is your child an actual superhero in the community? If they’ve recently been involved in a volunteering or community event, post a picture and tell us about it! We’d love to hear what happened!

If you have any questions, please feel free to ask us by commenting on or private messaging our Facebook Page. 

GOOD LUCK! 

The Fine Print:  This contest is open to anyone who chooses to participate. As curators of the contest, we hold the right to define an “understandable explanation” and to change that definition as the situation calls for. Pictures must be posted between April 4th 2016 12:00AM and April 28th 2016 11:59PM. By posting the picture to our Facebook Page, you release the photo to be used by Horizon Community Credit Union for contest and marketing purposes. Only one entry per child will be accepted, though there is no limit to the number of pictures that we will accept. Winners will be determined by random drawing. The winner will be contacted through the Horizon Community Credit Union Facebook page. The winner has two weeks from the first date of contact to pick up the prize UNLESS arrangements have been made to allow for more time to pick up the prize pack at the branch that is convenient to the winner. By accepting the prize, winners also agree to allow a member of the HCCU staff to take a picture of the acceptance of the prize.

Getting youth to start using their Financial Institution!

Setting up bank accounts for your children can be a grueling process. Do I have both my husband and I on the account, do I add any other family members as joint owners or beneficiaries, do I let the child have access to it… the list can go on and on. There are SO MANY decisions that come into play when opening an account, we here at HCCU understand that and are here to help!

Let’s take a look at an example, if we have children who are still very young and cannot yet make any financial decisions there are two different options here at HCCU: Youth Accounts or Custodial Accounts. A youth account allows the child to access the funds at any age, along with any other joint owner. A Custodial account has a joint owner who is in control of the account, and after the child turns 18, then the child gains access to the funds as well. Both are great options for all children, it just depends on how much access you want your child to have to the funds.

Now let’s take a look at a situation for older children. Many children when they are born or still very little have savings accounts opened up for them by parents or grandparents. When is the right time to open up a checking account? This seems like a big step in the financial world, but really it can be quite simple. Instead of simply letting the reigns go, and letting the kid or young adult have complete control over the money, sign on as a joint signer. There are many products we can introduce to your family such as debit cards, direct deposit, ATM usage, but with you as joint signer, you can still have some control!

There are many different options for youth and young adult accounts. It may involve making a few tough decisions, but remember we are always here to help! Come in during April, Credit Union Youth month, and open any of our great savings products and receive special month giveaways!

Image courtesy of David Castillo Dominici at FreeDigitalPhotos.net

Post by: Emily P.