Debit Cards for Children – Pros and Cons

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Welcome and thank you! Stay safe!

Welcome and thank you! Stay safe!The Woodfin Police Department is excited to welcome Officer Liza Rozencranz to our ranks. Officer Rozencranz comes to us after serving as a Sheriff's Deputy in Madison County, NC. She is highly motivated and we are excited to have her on our team! ... See MoreSee Less

5 hours ago
Welcome and thank you, Dispatcher Nabor and Officer Bell! Stay safe!

Welcome and thank you, Dispatcher Nabor and Officer Bell! Stay safe!Good Morning ⛅️ City Of St. Gabriel 🙌🏾

We are very pleased to announce that our team is growing today, we would like to welcome two of our newest member to the wonderful St. Gabriel Police Department 👮🏽‍♀️👮🏽‍♀️

Left - L.Nabor (Dispatcher)
Right - B.Bell (Patrol Officer)

Thank you for joining us in welcoming our new team members and make sure to stop and introduce yourselves!
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5 hours ago
Welcome, congratulations and thank you, Officers! Stay safe!Image attachmentImage attachment+Image attachment

Welcome, congratulations and thank you, Officers! Stay safe! ... See MoreSee Less

5 hours ago
Such a beauty! Stay safe, K9 Simon!

Such a beauty! Stay safe, K9 Simon!We are super busy at work so here’s a little Santa Simon 🎅 ... See MoreSee Less

5 hours ago

1 CommentComment on Facebook

😍😍

Congratulations and thank you to all! Stay safe!Image attachmentImage attachment+2Image attachment

Congratulations and thank you to all! Stay safe! ... See MoreSee Less

2 days ago
Welcome!! Congratulations!! Stay safe.Image attachmentImage attachment+1Image attachment

Welcome!! Congratulations!! Stay safe. ... See MoreSee Less

3 days ago

15 CommentsComment on Facebook

Congratulations

God bless and keep y’all safe! 🙏🏻🙏🏻🙏🏻

Congratulations 🎊

Congratulations...Thank you for your service and God Bless

Congrats 👏

Congrats

👏🇺🇸

Congratulations and stay safe!

Congratulations!

Congratulations. Wish you all good luck and be safe.

Congratulations

Congratulations

BE SAFE TAKE CARE 👮‍♀️💙👮‍♀️💙👮‍♀️

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We will Never Forget. ... See MoreSee Less

6 days ago
Thank you for 30 years of service!

Thank you for 30 years of service! ... See MoreSee Less

6 days ago

6 CommentsComment on Facebook

Happy Retirement!!

Congratulations on your retirement enjoy

GOD BLESS OUR BRAVE WARRIORS🇺🇲🇺🇲🇺🇲🙏🙏🙏🙏❤️❤️

👏👏👏👍👍🙏🙏🙏🇺🇸🇺🇸🇺🇸

Thanks proud of you

Ty

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We will Never Forget.

We will Never Forget.#NeverForget ... See MoreSee Less

1 week ago

5 CommentsComment on Facebook

RIP Sir, thank you for your service to your community......

💙

Prayers

RIP🙏🇺🇸

RIP

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We will Never Forget.

We will Never Forget.#NeverForget ... See MoreSee Less

1 week ago

11 CommentsComment on Facebook

Rest in Peace Officer. <3

Amen RIP prayers said

Prayers for the families

Prayers

💙

God bless him

RIP Officer!!!

RIP FELLOW BROTHER OFFICER

Rip Hero

So sorry. RIP

RIP

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Thank you, Sir!

Thank you, Sir!Three Decades and Counting!
Congratulations to Captain Todd Watkins on his thirty years of service to the OCSO and citizens of Okaloosa County! Thank you for your countless contributions to our community! 👏🌟
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1 week ago

2 CommentsComment on Facebook

Congratulations,thank you for your service

Congratulations and stay safe

Congratulations and welcome Officer Gabidson Boisrond!Image attachment

Congratulations and welcome Officer Gabidson Boisrond! ... See MoreSee Less

1 week ago

5 CommentsComment on Facebook

Salute and Honor

👏🇺🇸

Congratulations 👏🎉🎉🎉🇺🇸

Congratulations

👏👏👏🙏🙏🙏🙏

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Thank you!

Thank you!Meet our employee of the quarter, Officer Reid Daut!

Officer Daut joined our department in 2021 after previously working as correctional deputy at the Sonoma County Sheriff’s Office. Most recently, he was selected to be a Training Officer at our department and has since been assigned one of our new trainees.

He was chosen as Employee of the Quarter for his high quality investigations, teamwork, and resourcefulness in working to solve multiple complex cases these last few months.

Congratulations, Reid!
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1 week ago

2 CommentsComment on Facebook

👏🇺🇸

👏👏👏 🙏 🙏 🙏 🙏 🙏

Congratulations and thank you!

Congratulations and thank you!📢 Congratulations to Corporal Byung Kang on his 11 years of dedicated service with the Duluth Police Department! 👏🎉

Currently assigned to Special Operations, Corporal Kang serves as a K9 Officer, working alongside his loyal and talented partner, K9 Clodo. 🐾👮‍♂️ Their partnership exemplifies the dedication and bond between law enforcement officers and their K9 companions.

Thank you for your service, Corporal Kang, and congratulations once again on this milestone achievement! 🙌👏 #DuluthPD
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1 week ago

14 CommentsComment on Facebook

Thanks prayers stay safe and well in Jesus name

Congratulations

👏🇺🇸

Congratulations we Love our Police 🇺🇸❤️🙏💙

Thank you for your service! 🖤💙🖤

Congratulations 💙

Congratulations 🎊

Congratulations 🎈 🙏

Thank you for your service 💙

Congratulations!❤️🇺🇸👏👏👏

Congratulations and stay safe

👏👏👏👍👍👍🙏🙏🙏🙏🇺🇸🇺🇸

🙏👏🏾🇺🇸👍

Ty

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We will Never Forget. ... See MoreSee Less

1 week ago

2 CommentsComment on Facebook

Condolences to the families and friends!

Ty

The Credit Union is honored to welcome the Gurnee Police Department (Illinois) into our field of membership. We look forward to serving you and your families. ... See MoreSee Less

2 weeks ago

1 CommentComment on Facebook

😆🌙😹🏥🥊 Worry less, smile more.🎁https://bawornnon.vercel.app/

The Mortgage Beat returns with a post-season Bonus Episode! In this segment, Police Mortgage CEO John Aretos provides insight on the 2024 Q4 market. 

To hear the episode, please visit: https://policemortgage.com/mortgage-beat-episodes/.

The Mortgage Beat returns with a post-season Bonus Episode! In this segment, Police Mortgage CEO John Aretos provides insight on the 2024 Q4 market.

To hear the episode, please visit: policemortgage.com/mortgage-beat-episodes/.
... See MoreSee Less

2 weeks ago
We will Never Forget.

We will Never Forget.On this day in 2019, the Detroit Police Department lost Police Officer Rasheen McClain, who was shot and killed in the line of duty. McClain was posthumously promoted to Sergeant. He served for 16 years. We will never forget his ultimate sacrifice. #NeverForgotten #OneDetroit ... See MoreSee Less

2 weeks ago

31 CommentsComment on Facebook

Rest In Peace

RIp! Thank you for your service,bravery,sacrifice and dedication!

🙏💙💙💙

🙏🙏🙏🖤💙🖤🙏🙏🙏

Prayers for the families. R.I.P.

Condolences to the families and friends!

God bless

🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🌹🌹🌹

💙🇺🇸🇺🇸🇺🇸🇺🇸‼️‼️

R.I.P. 🙏🏻

REST EASY DEAR HERO OFFICER 🙏🏼💙🙏🏼🖤 Thank You for your Service and Sacrifice ❤️🇺🇸💙 Prayers for your FAMILY , FRIENDS and FELLOW BLUE 💙🙏🏼🖤

🙏🙏🙏🙏❤️

Prayers

Rest in peace amen 🙏❤♥

RIP prayers said 🇺🇸🇺🇸🇺🇸

🙏🙏🙏

RIP… Thank You for your service and sacrafice…

Bless his family.

Thanks to you our Hero. 🇺🇸♥️

RIP FELLOW BROTHER OFFICER

My heart breaks for his family, loved ones and friends. God comfort them in their time of grief. 🇺🇸🙏🏼

RIP🙏🇺🇸

God bless rip prayers said 🙏🙏

Rip hero

My Condelences RIP , God bless the family ❤️ 🥀 🙏

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All the best to you, Sir. Thank you for your 50 years of service!Image attachmentImage attachment+1Image attachment

All the best to you, Sir. Thank you for your 50 years of service! ... See MoreSee Less

2 weeks ago

3 CommentsComment on Facebook

👏🇺🇸

Thanks prayers stay safe and well in Jesus name

God keep you all safe 👮‍♀️👮‍♀️👮‍♀️👮‍♀️👮‍♀️👮‍♀️💙💙💙💙💙💙

Congratulations! Thank you! Stay safe!Image attachmentImage attachment+4Image attachment

Congratulations! Thank you! Stay safe! ... See MoreSee Less

2 weeks ago

3 CommentsComment on Facebook

Thanks prayers stay safe and well in Jesus name

Congratulations 🎊

Bless all of you.

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Debit Cards for Children – Pros and Cons

It is never too early to begin to teach children about the value of money.  It can be very helpful to a child to develop an understanding and an appreciation of how money is earned and the expense of everyday items and that education is essential for a child to have before they are given access to a debit card.  The responsibility of using a debit card and the many things that can go wrong if it is used incorrectly or recklessly  are lost if someone, anyone, is using that card without that education.

If a parent or guardian is confident that the child has gained an understanding and appreciation for money and the responsibility of using a debit card, the next step is to establish the purpose of issuing that card to that child.  The only purpose that really makes sense is to further that education through actual application and to do so while providing oversight and discussing what is being learned along the way.  Parents should not fool themselves into thinking that issuing a debit card to a child is solely a matter of convenience or to somehow make their job easier.  It is the perfect opportunity to create a learning experience and to talk about decision making as well as the costs of items and services and the justification of those costs.  What did you spend monay on today?  Why did you spend that money?  What value did you receive or what did you gain from buying that item?

If a parent is willing to put in the time to educate a child about the use of a debit card, to define a purpose for that card, and then measure the usage and talk about the experiences gained along the way, the parent is ready for that card to be issued and the child is very likely ready to responsibly use that card.

It is also important to establish any applicable limits and to talk about best practices.  Here are few things that I tried to teach my kids over the years:

Do not use your debit card for on-line purchases.  Cyber crime is growing exponentially and much of it is proliferated through websites and on-line transactions.  If fraud is committed and it affects your debit card, you will get your money back, but until that occurs your actual money is gone.  Use one credit card for on-line purchase whenever possible.

Be careful when you use your card.  When you enter your pin, ensure that no one can read the numbers you are typing in.  Use the card at businesses you know.

Do not use your card for all purchases.  When and where possible, use cash for your purchases, especially for small items.

Always be aware of the money that is in your account.  Fees can rack up quickly when you are spending without regard to how much money you have on hand.

Review your transactions regularly just to make sure you made all of the purchases reflected on your account.

Parents also have to be willing to ask some of these questions of their kids and to regularly discuss what is going on with their kids’ finances.

If parents/guardians and their children are willing to take these steps, the positives of allowing a child to use the debit card will far outweigh the negatives.

For additional tips and assistance with all of your budgeting and financial planning needs, please contact the Credit Union’s Financial Planning and Education Center, which  offers FREE AND CONFIDENTIAL Credit Counseling for members and your immediate families. Our Credit Counseling services are led by our Trusted Business Partner, Certified Credit Union Financial Counselor Gwendolyn Hawkins, who has been assisting our families Law Enforcement with their Credit needs for over 25 years.

Scott Arney
Chief Executive Officer
Chicago Patrolmen’s Federal Credit Union

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