Youth & Student Accounts
Youth Savings Account
Encourage Saving for the future
Teach Good Financial Habits
"Cash for Grades" Program
Youth Checking Accounts with Co-Signer
Student Accounts
At Hercules First Federal Credit Union, we LOVE our K-12 students and want to reward you for all your great efforts at school. During the school year you can earn money for getting good grades. If you are not already a member, EVERY student is welcome to join our credit union. So come in today and get started.
We know that education is important for a strong financial future. That’s why Hercules Credit Union encourages our Youth Members’ scholastic achievements with our “Cash For Grades” program.
- Bring a parent or guardian with your report card from last semester to get started
- Get $2 for every “A or equivalent”
- Get $1 for every “B or equivalent”
- The money is deposited into your Hercules First Federal Credit Union account
- Available to all K-12 students
Scholarships
This scholarship contest is designed to recognize exceptional students in our community. The mission statement at Hercules First Federal Credit Union is to help our members achieve their financial goals while “Growing Stronger Together.” Hercules recognizes that young individuals are the key to our future as a credit union and our community. We believe in the potential of these students!
The essay winners will be selected solely by Hercules First Federal Credit Union and its designated judges. All decisions will be final. By submitting an essay entry, the student warrants and represents that their entry is their original work and has been legally created. It does not infringe on the rights of intellectual property, privacy, or publicity of any third party. They also warrant that their essay has not been entered in or won previous contests or awards; and has not been published or distributed previously in any medium.
Winners will receive:
- 1st Place $2000
- 2nd Place $1000
- 3rd Place $500
Eligibility Requirements
- Essay competition is open to high school seniors of the 2024-2025 school year.
- Applicants must plan to pursue an undergraduate degree of certification from an accredited college, university or technical school in 2025.
Process
- Submit a short essay (Between 750 and 1000 words double spaced) on one of two assigned topics.
- Please include your name, phone number, and e-mail address in the header of your essay.
- Essays will be accepted from Monday, September 30, 2024, until 11:59pm Friday, November 1, 2024
- Entries received after that time will not be accepted.
- Submit essays by emailing them to sc**********@********cu.com.
- The winners of the essay competition will be notified by email in February 2025.
Essay Topic (Choose one topic for your essay)
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#1 What does it mean to you to be financially sound, and how do you plan to achieve this in your future?
In your response, define what being financially sound means to you personally. Consider aspects such as budgeting, saving, debt management, investing, and planning for the future. What steps will you take to ensure your financial stability as you grow older, and why is this important to you?
#2 What do you wish you had learned from your parents and school about managing your future finances, and how do you think this knowledge would impact your life?
Reflect on the financial lessons you believe are important but feel were overlooked in your upbringing or education. How would understanding these concepts earlier help shape your financial decisions, career planning, and overall approach to money in the future?
If you have any additional questions concerning this contest, please call Haley Clarke at 801-968-9011.