Inside Marketing: Accounts ‘grow up’ with kids

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Just as children’s interests and preferences evolve with each passing year, the new Discovery Youth Accounts launched by First Service Credit Union are designed to offer progressive themes, features, and options as young members grow up.The youth accounts are offered in three tiers: Adventurer for children through age 10, Voyager for ages 11 to 14, and Navigator for ages 15 to 18. Accountholders “level up” automatically. All accounts offer free online and mobile access so children and teens, rather than their parents, can set their own savings goals and make deposits.A new feature to be added this year will give Voyager accountholders the option to set up webpages to seek contributions for savings goals from family and friends. And Navigator members have the option to open a checking account with a debit card, with special safeguards that prohibit overdrafts.The $600 million Houston credit union previously sponsored a youth savings program with online content from a vendor offering rewards in the form of prizes. First Service CU decided to design its own program to more effectively appeal to young members across the age spectrum and incentivize behaviors that could make a positive difference in their futures rather than just awarding movie tickets after a certain number of deposits, says CUES member Mike McWethy, executive vice president of the 56,000-member credit union. continue reading »last_img read more

Klaipedos Nafta makes new audit committee appointments

first_imgImage courtesy of Klaipedos NaftaKlaipedos Nafta, the operator of Lithuania’s only LNG import terminal, said it has appointed Laura Garbenčiūtė-Bakienė and Andrius Varanavičius as independent members of the audit committee. Klaipedos Nafta audit committee operates as an advisory body of the supervisory council of the company in the fields of internal control and operational risks management, with the aim of enhancing the efficiency of the operation, the company’s statement reads.Laura Garbenčiūtė-Bakienė is a member of the supervisory council of the company Investicijų ir verslo garantijos, as well as the chair of the audit and risk committee of the state enterprise Ignalinos atominė elektrinė.Her professional experience covers strategic planning, assessment of corporate operational efficiency in the fields of risk management and internal control, work with internal and external auditors and recommendations to the management, Klaipedos Nafta said.Varanavičius has been working in the international group GlaxoSmithKline since 2001, and over the last five years, he has been the financial director of the German GlaxoSmithKline Gmbh & Co.His professional experience covers activities in the fields of internal control, accounting, budget management, audit and risk management, as well as his competence in relation to companies’ compliance with requirements of the Sarbanes-Oxley Act (SOX) and financial management in line with the International Financial Reporting Standards (IFRS).last_img read more

CONFIRMED: Man City complete £35m deal for Brazilian goalkeeper Ederson

first_img Ederson 1 Manchester City have confirmed goalkeeper Ederson will join the club from Benfica on July 1.The 23-year-old has penned a five-year deal with City, after a fee of £35million was agreed with the Portuguese champions.Terms were agreed with the player and Benfica last week but the move was held up while severance of his third-party ownership agreement was negotiated.Ederson becomes the fourth Brazilian at the Etihad, joining Fernandinho, Fernando and Gabriel Jesus in Pep Guardiola’s squad.He told the club’s official website: “I like everything about Manchester City. This is a great club, the league they have here in England and they have amazing fans and they play splendid football.“I have always had the dream to play in English football and now I’m going to make it true.“With Pep Guardiola, City are growing more and more. He is putting in place a young team for the future. Those were important factors in making my decision.“Manchester City has an amazing squad. I think they managed to have a good season. Next season, we will have to be focused to achieve the goal of winning trophies.”Ederson is the second signing made by City this summer, following the £43million arrival of Monaco playmaker Bernardo Silva.He is not expected to be the last close season arrival, with Guardiola understood to be targeting two new full-backs and another forward.last_img read more