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Teach childREN to save



Eglin Federal Credit Union, Renasant Bank and Okaloosa Saves partner in the annual Teach Children to Save campaign April 1 - June 30.

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America saves week


Since 2007 America Saves Week has been an annual celebration as well as a call to action for everyday Americans to commit to saving successfully.

our mission

Okaloosa Saves is a nonprofit 501(c)(3). Since 2003, our mission has been to encourage positive financial action by raising awareness and educating the community on how to make smart choices when it comes to saving for the future, building wealth and reducing debt.

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  • August 06, 2025 7:00 AM | Anonymous member (Administrator)

    Okaloosa Saves attended the Okaloosa County Benefits Fair on 08/06/2025 at the Okaloosa County Administration Building at 1250 Eglin Parkway, Shalimar Fl. From this event, ninety eight people visited our table.  Fifty seven people completed pledges totaling $70,972. We are honored to assist the wonderful employees of Okaloosa County.


  • July 31, 2025 7:00 AM | Anonymous member (Administrator)

    Okaloosa Saves attended the Okaloosa County Benefits Fair held on 07/31/2025 at the Crestview Community Center. Okaloosa Saves was honored to attend and encourage Okaloosa County employees to commit to saving money. During this event, 109 employees visited our table with 56 employees committing to save $71,480. Given that total U.S. household debt has now reached an all time high of over 18.20 Trillion dollars and the average household debt owed by Americans is approximately $105,000, it's wonderful to help people commit to improving their financial habits.


  • July 22, 2025 9:57 AM | Anonymous

    Fort Walton Beach, Fla. (July 22, 2025) - Eglin Federal Credit Union partnered with Okaloosa Saves and Renasant Bank for the annual Teach Children to Save campaign April 1 – June 30. Youths were encouraged to set a savings goal and make a deposit into their savings account. Their names were entered into a random drawing for six children to win a $50 deposit into their savings account from Okaloosa Saves. Winners were invited for recognition prior to the Okaloosa Board of County Commissioners budget meeting on Tuesday, July 22 where they received certificates.

     

    This year, 102 youths from Eglin FCU and Renasant Bank under the age of 18 participated in the Okaloosa Saves Teach Children to Save campaign, with deposits totaling $27,058.82. Since the program began in 2004, 2,497 children have made deposits totaling $420,668.34. 

     

    The six winners were:

    Thomas Chambliss, Crestview

    John Hague, Navarre

    Hannah Lichlyter, Shalimar

    Tayvon Reynolds, Crestview

    Michael Smith, Crestview

    Teja Zary, Mary Esther 

     

    “Okaloosa Saves, Teach Children to Save is a valuable program to teach our children the importance of thoughtful financial management,” said Okaloosa County Board Chairman Paul Mixon. “We appreciate the values and strategies this program has been building throughout the years and how it has provided the necessary foundation of financial stability for these children as they grow into adults.”

     

    Eglin Federal Credit Union President and CEO Cathie Staton said, “Each year, we’re excited to bring back our youth savings program because building smart money habits early makes a lifelong difference. For two decades, Eglin FCU has proudly teamed up with Okaloosa Saves to champion financial education in our community, and we’re committed to continuing this important work for many years to come.”

    Sherry Harlow, APR, who serves as treasurer on the Okaloosa Saves board said, “It’s been an honor to serve on Okaloosa Saves for 22 years and witness the real impact of the Teach Children to Save program. Seeing local youths save over $420,668 is a powerful reminder of how early financial education can shape brighter futures.”

     

    Savings Tips for Parents:

    • Talk about the importance of budgeting and saving money
    • Visit your local EFCU branch to open a savings account or deposit into an existing account
    • Teach the basics of investing
    • Encourage them to be entrepreneurs
    • Be a role model

     

    For additional information, visit Okaloosa Saves on Facebook or Okaloosa Saves.

  • July 22, 2025 8:00 AM | Anonymous member (Administrator)

    Eglin Federal Credit Union, Renasant Bank and Okaloosa Saves partner in the Teach Children to Save campaign


    Winners of the Teaching Children to Save campaign were presented with a certificate by Okaloosa Saves before the Okaloosa Board of County Commissioners budget meeting Tuesday, July 22.

    FORT WALTON BEACH, Fla. (July 22, 2025) – Eglin Federal Credit Union partnered with Okaloosa Saves and Renasant Bank for the annual Teach Children to Save campaign April 1 – June 30. Youths were encouraged to set a savings goal and make a deposit into their savings account. Their names were entered into a random drawing for six children to win a $50 deposit into their savings account from Okaloosa Saves. Winners were invited for recognition prior to the Okaloosa Board of County Commissioners budget meeting on Tuesday, July 22 where they received certificates.

    This year, 102 youths from Eglin FCU and Renasant Bank under the age of 18 participated in the Okaloosa Saves Teach Children to Save campaign, with deposits totaling $27,058.82. Since the program began in 2004, 2,497 children have made deposits totaling $420,668.34.

    The six winners were:

    • Thomas Chambliss, Crestview
    • John Hague, Navarre
    • Hannah Lichlyter, Shalimar
    • Tayvon Reynolds, Crestview
    • Michael Smith, Crestview
    • Teja Zary, Mary Esther

    “Okaloosa Saves, Teach Children to Save is a valuable program to teach our children the importance of thoughtful financial management,” said Okaloosa County Board Chairman Paul Mixon. “We appreciate the values and strategies this program has been building throughout the years and how it has provided the necessary foundation of financial stability for these children as they grow into adults.”

    Eglin Federal Credit Union President and CEO Cathie Staton said, “Each year, we’re excited to bring back our youth savings program because building smart money habits early makes a lifelong difference. For two decades, Eglin FCU has proudly teamed up with Okaloosa Saves to champion financial education in our community, and we’re committed to continuing this important work for many years to come.”

    Sherry Harlow, APR, who serves as treasurer on the Okaloosa Saves board said, “It’s been an honor to serve on Okaloosa Saves for 22 years and witness the real impact of the Teach Children to Save program. Seeing local youths save over $420,668 is a powerful reminder of how early financial education can shape brighter futures.”

    Savings tips for parents:

    • Talk about the importance of budgeting and saving money
    • Visit your local Eglin FCU branch to open a savings account or deposit into an existing account
    • Teach the basics of investing
    • Encourage them to be entrepreneurs
    • Be a role model

    For additional information, visit Okaloosa Saves.

    Follow Eglin FCU on FacebookInstagramYouTube and LinkedIn or visit our news and financial education page for updates. If you are interested in working at Eglin FCU, check out Careers at Eglin FCU.

    ###

    Eglin Federal Credit Union was chartered in 1954 and is a not-for-profit, member-owned financial institution, federally regulated by the National Credit Union Administration. Membership includes military (active, retired, reserves and veterans), civil service and US Government affiliations on Eglin Air Force Base, Hurlburt Field, Duke Field, Camp Rudder and 7th Special Forces Group. Membership includes anyone who lives, works, worships or attends school within our Geographic Field of Membership and anyone who is related to or lives with an Eglin FCU member. Membership also includes over 900 Select Employee Groups in Okaloosa, Santa Rosa, Walton, Escambia, FL counties and Escambia County, AL.

    Our Mission is to provide our members with five-star service, support and solutions to simplify their financial lives.
    Where Members Matter Most.


  • July 17, 2025 11:27 AM | Anonymous

    Okaloosa Saves has earned the 2025 America Saves Week Savings Champion award, an honor explicitly reserved for organizations who effectively and actively promote saving strategies during the annual America Saves Week campaign.

    Okaloosa Saves is one of 18 organizations honored with this distinction, out of more than 5,000 participating organizations of America Saves Week, which took place April 7 – 11, 2025 as part of Financial Literacy Month.

    “We’re thrilled to recognize these outstanding organizations with the 2025 Savings Champion Award,” said Amy Miller, Program Manager of America Saves. “Their dedication to encouraging people to save — even during financially tight times — has a real impact on families and communities across the country. By providing resources, tools, and support, they help individuals take meaningful steps toward greater financial security and confidence. We’re proud to celebrate their commitment and the positive difference they make every day.”

    The work of these organizations contributed to an impressive collective impact of the Week. During the week. These institutions helped to reach over 28.5 million individuals and encouraged $155 million worth of deposits into new and existing savings accounts.

    “For more than 20 years, Okaloosa Saves has empowered individuals across Northwest Florida to become confident savers,” said Board Chair Laura Coale. “We’re passionate about helping people reduce debt, build wealth, and create lasting financial habits through year-round saving strategies. Financial wellness is a key part of overall well-being, and we value our ongoing partnership with America Saves as we continue this mission for years to come.”

    2025 America Week Saving Champion Recipients:

    H&R Block

    Okaloosa Saves

    Los Angeles Saves

    Credit.org (Inland Empire Saves, and San Diego Saves)

    Commonwealth of VA - Dept. of Human Resource Management

    The Financial Literacy Youth Initiative

    Sunny Day Fund

    Veterans Bargains

    UT Southwestern Medical Center

    City of Virginia Beach

    UT Extension Henderson County

    Amazon

    Washington State Department of Financial Institutions

    Young Investors Network

    TDCI/Securities Division

    Michigan Office of Retirement Services

    Universities of Wisconsin, as supported by TIAA

    State of Ohio Collective

    America Saves Week is an annual event by America Saves, a program under the Consumer Federation of America.

    # # #

    About America Saves

    America Saves motivates, encourages, and supports American households to save money, reduce debt & build wealth through no-shame savings tips and strategies.

    About Okaloosa Saves

    Okaloosa Saves, a part of the national America Saves program, was founded in 2003 as a 501(c)3 encouraging individuals to build wealth and reduce debt. For additional information, visit OkaloosaSaves.com.


  • March 18, 2025 9:03 AM | Anonymous

    (FORT WALTON BEACH, FL) MARCH 18, 2025 — The Okaloosa County Board of County Commissioners proclaimed April 7-11, 2025 Okaloosa Saves and America Saves Week at their Board meeting Tuesday, March 18. The theme for 2025 is Saving for Your Past, Present and Future.

    Since 2007 America Saves Week has been an annual celebration as well as a call to action for everyday Americans to commit to saving successfully. Through the support of thousands of participating organizations, together we encourage individuals to do a financial check-in that allows them to get a clear view of their finances, set savings goals and create a plan to achieve them.

    “We extend our heartfelt gratitude to the Okaloosa County Board of County Commissioners for their continued efforts in raising awareness to the importance of saving,” said Okaloosa Saves Board Chair Laura Coale. “Personal and household savings are crucial for the stability and vitality of northwest Florida residents.”

    The following was proclaimed:

    WHEREAS, personal and household savings is fundamental to Okaloosa County resident’s stability and vitality; and

    WHEREAS, adequate emergency savings, retirement funds, and safe debt‐income ratios are critical components of personal financial security; and

    WHEREAS, America Saves is a national campaign that empowers Americans to take action towards financial stability through saving money to reduce debt and build wealth; and

    WHEREAS, Okaloosa Saves is a partner in the America Saves Week campaign and is committed to helping its residents and businesses take necessary actions toward financial stability no matter their current status; and

    NOW, THEREFORE, be it resolved by the Okaloosa County Board of County Commissioners that we do hereby RECOGNIZE AND PROCLAIM the week of April 7th - 11th, 2025 as

    “OKALOOSA SAVES WEEK & AMERICA SAVES WEEK”

    and call upon all members of our committees to start or increase an emergency fund, to encourage the opening of savings accounts, encourage split deposit for savings, increasing 401k contributions, and to take other positive emergency saving actions during OKALOOSA SAVES WEEK and AMERICA SAVES WEEK, and pledge to sustain that action during the following year.

    DULY PASSED AND ADOPTED this 18th day of March, 2025.

    Learn more about America Saves Week at americasavesweek.org and okaloosasaves.com

    Commissionphoto03182025.jpg

    The Okaloosa County Board of County Commissioners proclaim April 7-11, 2025 Okaloosa Saves and America Saves Week. Pictured left to right back row: District 3 Commissioner Sherri Cox, Chairman and District 1 Commissioner Paul Mixon, District 5 Commissioner Drew Palmer, (front row left to right) Okaloosa Saves Member Kathey Mitchell, Okaloosa Saves Board Chair Laura Coale, District 2 Commissioner Carolyn Ketchel, Okaloosa Saves Treasurer Sherry Harlow, and Okaloosa Saves Board Member Kimberly Cox.

    About Okaloosa Saves

    Okaloosa Saves, a part of the national America Saves program, was founded in 2003 as a 501(c)3 encouraging individuals to build wealth and reduce debt. In 2024, the organization was awarded the Savings Champion Award by America Saves. Learn more at okaloosasaves.com.

    About America Saves

    America Saves is a non-profit organization that uses principles of behavioral economics and social marketing to motivate, encourage and support everyday Americans to save money, reduce debt, build wealth and create better financial habits. America Saves encourages individuals and families to take the America Saves pledge, a tool that empowers them to commit to save successfully with a plan. Thousands of non-profit, government, and corporate organizations partner with America Saves through local, regional, statewide and national campaigns both year-round and during America Saves Week. America Saves is an initiative of the Consumer Federation of America (CFA), a non-profit, pro-consumer organization of over 270 consumer education, advocacy, and cooperative members dedicated to advancing consumer interest. Learn more at americasaves.org.


  • July 16, 2024 9:37 AM | Anonymous

    Eglin Federal Credit Union partnered with Okaloosa Saves and The First Bank for the annual Teach Children to Save campaign April 1 – June 30. Youth were encouraged to set a savings goal and make a deposit into their savings account. Their names were entered into a random drawing for six children to win a $50 deposit into their savings account from Okaloosa Saves. Winners were invited to the Okaloosa Board of County Commissioners board meeting on Tuesday, July 16 to receive their certificates and recognition.

     

    This year, there were 106 youth from Eglin FCU and six youth from The First Bank under the age of 18 who participated in the Okaloosa Saves Teach Children to Save campaign with deposits totaling $20,169.64. Since the program began in 2004, 2,398 children made deposits totaling $393,610.

     

    The six winners were:

    Calvin Hopper, Crestview

    Keegan Hughes, Miramar Beach (The First Bank), not pictured

    Emily Pear Kirkpatrick, Crestview, not pictured

    Norrace Lampert, Niceville

    Santana Stewart, Freeport

    Anakin Tedder, Niceville

     

    Chairman Paul Mixon, District 1, said, “I commend the winners and all of the children who participated in this year’s Okaloosa Saves Teach Children to Save campaign. It’s encouraging to see how the Okaloosa Saves program continues to promote the importance of saving, reducing debt and creating financial wellness. We appreciate the work and progress this program has achieved over the years in teaching our children how to build a sound foundation of financial stability.”

     

    Eglin Federal Credit Union President/CEO Jerry Williams said, “We look forward to offering this youth savings program every year because it is so important to teach children about the importance of saving. Eglin FCU has proudly partnered with Okaloosa Saves for 20 years to help provide financial education to our community, and we plan to continue this effort for years to come.”

     

    Sherry Harlow, APR, who serves on the Okaloosa Saves Board as the Treasurer said, “I have served on Okaloosa Saves for 21 years and am pleased to see the impact the Teaching Children to Save program has made over the years with $393,610 saved by area youth.”

     

    Savings Tips for Parents:

    ·        Talk about the importance of budgeting and saving money

    ·        Visit your local EFCU branch to open a savings account or deposit into an existing account

    ·        Teach the basics of investing

    ·        Encourage them to be entrepreneurs

    ·        Be a role model

  • March 13, 2024 8:26 AM | Anonymous

    The Okaloosa County Board of County Commissioners proclaimed April 8-12, 2024, Okaloosa Saves and America Saves Week at their Board meeting Tuesday, March 12. The theme for 2024 is Saving for What Matters Most.

    Since 2007 America Saves Week has been an annual celebration as well as a call to action for everyday Americans to commit to saving successfully. Through the support of thousands of participating organizations, together we encourage individuals to do a financial check-in that allows them to get a clear view of their finances, set savings goals and create a plan to achieve them.

    “We would like to thank the Okaloosa County Board of County Commissioners for helping bring awareness to the importance of saving,” said Okaloosa Saves Board Chair Laura Coale. “Personal and household savings is fundamental to Okaloosa County resident’s stability and vitality.”

    The following was proclaimed:

    WHEREAS, personal and household savings is fundamental to Okaloosa County resident’s stability and vitality; and

    WHEREAS, adequate emergency savings, retirement funds, and safe debtincome ratios are critical components of personal financial security; and

    WHEREAS, America Saves is a national campaign that encourages and motivates Americans to take-action towards financial stability through saving money for emergencies and reducing debt; and

    WHEREAS, Okaloosa Saves is a partner in the America Saves Week campaign and is committed to helping our citizens and businesses take immediate financial action to save successfully; and

    NOW, THEREFORE, be it resolved by the Okaloosa County Board of County Commissioners that we do hereby RECOGNIZE AND PROCLAIM the week of April 8th - 12th, 2024 as

    “OKALOOSA SAVES WEEK & AMERICA SAVES WEEK”

    and call upon all members of our committees to start or increase an emergency fund, and members and businesses to encourage the opening of savings accounts, encourage split deposit for savings, increasing 401k contributions, and challenging employees to save for goals and to take other positive emergency saving actions during OKALOOSA SAVES WEEK and AMERICA SAVES WEEK, and pledge to sustain that action during the following year.

    DULY PASSED AND ADOPTED this 12th day of March, 2024.

    Learn more about America Saves Week at americasavesweek.org and okaloosasaves.com.  

    BCC_proclamation-ASW2024.jpg

    Photo Caption: The Okaloosa County Board of County Commissioners proclaim April 8-12, 2024, Okaloosa Saves and America Saves Week. Pictured left to right: Vice Chairman and District 3 Commissioner Nathan Boyles, District 4 Commissioner Trey Goodwin, Okaloosa Saves Board Chair Laura Coale, District 2 Commissioner Carolyn Ketchel, Okaloosa Saves Treasurer Sherry Harlow, and Chairman and District 1 Commissioner Paul Mixon.


Savings Champion RecIpient


2024 Savings Champion Award

2023 Community Impact Award - Read more. 

2023 Savings Champion Award - Read more

2022 Savings Champion Award - Read more

On the Air with Dan DIAMOND on WFTW


Brenda Smith from Okaloosa Saves joins NewsTalk WFTW 1260 AM and 107.5 FM for an interview on America Saves Week 2022!

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Member Benefits

  Online access to free financial education resources through our partner organization, America Saves.

  Access to participation in the annual America Saves Week

  Invite to local educational and community events

  Any member in good standing will have the right to vote for candidates to serve on the Board of Directors

  Eligible to join Eglin Federal Credit Union


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