Youth Month Savings Contest

Building up your child's savings account is a great way to start them off on the right foot for a successful money management future. This April, get ready for a Level Up in your child's savings initiative. For every $25 deposited to your child's Youth or TAP Savings Account during the month of April, they will be automatically entered to win a great prize! Children 12 and under will be entered to win an iPad and teens, 13 to 17 will be entered to win a PS5! The more they save, the more chances they have to win!

Good Things Are Happening at SRP!

See Official Campaign Rules Below

Automatic entry to the campaign applies to current or new youth or teen memberships with each $25 deposit made to their account between April 1, 2024, through April 26, 2024. Youth accounts are for ages 0 to 12 and require joint ownership of the minor's parent or legal guardian over the age of 18. Teen accounts are for ages 13 to 17 and require joint ownership of the minor’s parent or legal guardian over the age of 18. The Annual Percentage Yield (APY) is 0.32% APY for savings accounts and is current as of April 1, 2024. Rate is subject to change after account opening and fees may reduce earnings. One random winner from each age group will be selected from all eligible entries received during the promotion period. Drawing will be held no later than Friday, May 17, 2024, at 5:00pm EST. The winning entrants will be contacted by the Credit Union and must respond to the initial verification contact within three (3) days of notification or will result in disqualification and an alternate winner will be chosen. Individual accepting prize must be eighteen (18) years of age or over. The odds of winning depend on the total number of eligible entries. The prize winner(s) hereunder will be final. Offer is subject to change or may be extended at the Credit Union's discretion. New youth or teen membership accounts may be opened at any branch location. Participation is strictly voluntary. Membership eligibility requirements may apply. No purchase necessary. Entry in this campaign constitutes your full and unconditional acceptance of the Official Campaign Rules. This promotion is considered a bonus, and a 1099-INT will be issued for all credits posted as a result of this offer. Subject to all applicable federal, state, and local laws and regulations. Participation in this campaign is void and prohibited where restricted. For Official Campaign Rules and alternate entry method, visit www.srpfcu.org. Other restrictions may apply. Federally insured by NCUA.

Want To Know More About Our Youth Accounts?

SRP offers a Youth Account  designed to introduce children ages 12 and under to money management.

For our teenage members, we offer Teen Advantage Plus, or TAP to teach the basics of personal financial responsibility.

  1. No purchase is necessary. This Youth Month Saving Contest is open to members of SRP Federal Credit Union ("SRP FCU" or "Credit Union") and persons eligible for SRP FCU membership. Visit srpfcu.org to determine if you are eligible for membership.
  2. The drawing is open to consumers who are legal U.S. residents with a valid government-issued identification, who are eighteen (18) years of age or older and the parent or apparent legal guardian of a child who is under the age of eighteen (18) as of the date of entry in prize drawing. All participants must accept and agree to be bound by these Official Campaign Rules and the decisions of SRP Federal Credit Union ("SRP FCU" or "Credit Union"). Void where prohibited or restricted by law. This promotion is subject to all applicable federal, state, and local laws and regulations. By participating or submitting any entry you agree to be bound by these Official Campaign Rules.
  3. Promotion Period. This promotion period begins Monday, April 1, 2024, at 9:00am EST and ends Friday, April 26, 2024, at 6:00pm EST and applies to valid entries received by the Credit Union during the promotion period. Drawing will be held no later than Friday, May 17, 2024, at 5:00pm.
  4. How to Enter. Automatic Entries: All SRP FCU members in good standing will automatically receive one entry to the prize drawing for every total deposit of $25 that is made to their Youth account (ages 0 to 12 years old), or Teen account (ages 13 to 17 years old) during the promotion period. Manual Entries: To enter without opening or maintaining a membership, print your full name, address, telephone number, email address, and how you are eligible for membership on a 3” by 5” card and mail it to: SRP Federal Credit Union Attn: Marketing Department, PO Box 6730, North Augusta, SC 29861-6730. One entry per envelope. Manual entries must be postmarked by April 26, 2024. Credit Union will not verify receipt of entries for entrants. Hand-delivered entries will not be accepted. Mechanically and electronically reproduced write-in entries or entries submitted via any third party not directly affiliated with the Credit Union will not be accepted. Manual entries are limited to a maximum of one per individual; multiple mail entries do not increase odds of winning. SRP FCU is not responsible for lost, late, illegible, misdirected, mutilated, incomplete or postage-due mail entries. Incomplete or illegible entries will be disqualified.
  5. Winner Selection and Odds of Winning. One random winner from each age group will be selected from all eligible entries received during the promotion period. Random drawing will be held no later than Friday, May 17, 2024, at 5:00pm EST. The winning entrants will be contacted by the Credit Union and must respond to the initial verification contact within three (3) days of notification or will result in disqualification and an alternate winner will be chosen. Individual accepting prize must be eighteen (18) years of age or over. The odds of winning depend on the total number of eligible entries. The prize winner(s) hereunder will be final.
  6. Prize. The Youth account winner will receive an Apple iPad (10th Generation) no later than Friday, May 24, 2024. The Teen account winner will receive a Sony PS5 PlayStation 5 Console Disc Version no later than Friday, May 24, 2024. If applicable, the winner must be available to be awarded the appropriate prize by age group (subject to verification of eligibility and adherence with the terms of these rules), at an SRP branch location of their choice on or before Friday, May 24, 2024, at 5:00pm EST.  Individual accepting prize must be eighteen (18) years of age or over. Winner is responsible for their own travel arrangements to/from the chosen SRP FCU branch location. The cash value of the Youth account prize is $349.00. The cash value of the Teen account prize is $600.00. Prize is non-transferable and no substitution will be made except as provided at the Credit Union's sole discretion. Credit Union reserves the right to substitute any listed prize for one of equal or greater value for any reason.
  7. Release of Claims. The winner, members of the winner's household, relatives and persons who use any prize awarded by the Credit Union, and such persons heirs, assigns, executors, and administrators release and exempt the Credit Union and its directors, officers, employees and agents from any and all claims, actions, demands, choses in action and damages which they have now or any time in the future arising from use of any prize, including personal injury or death.
  8. Publicity. By accepting this prize, winner consents to the Credit Union's use of his/her name likeness, photograph, and voice for advertising and promotional purposes in any media, without compensation. To claim the prize, the winner must sign and return a release and an affidavit of eligibility and publicity release to the Credit Union at the time of prize acceptance, or prize will, in the Credit Union's discretion, be forfeited. The prize will be awarded only if entrants comply with these Official Campaign Rules. If the winner is a minor, the parent or guardian must sign consent.