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Hi 5

  • Teresa Freeborn President/CEO at Kinecta Federal Credit Union
  • Laida Garcia President/CEO at floridacentral Credit Union
  • Francis James Executive Vice President at United Teletech Financial Federal CU
  • Ben Morales Chief Technology & Operations Officer at Washington State Employees Credit Union
  • Mark Sekula EVP, CFO at Randolph-Brooks Federal CU

The Hi 5 Youth Savings Account can start to turn the American tide toward savings and grow financial literacy, member loyalty, and household penetrations. The program provides a stronger incentive for members to embrace saving by offering a monthly “matching” deposit to an established youth account and by requiring mandatory financial education be completed by the youth before account money is available at age 18. The Hi 5 Account forms a partnership between the parent(s) who deposit(s) money, the credit union that rewards those deposits with matching funds, and the child who learns and reaps the benefits of saving.

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