Youth Accounts

 

Little Savers

Teen Savers

 

Little $avers (For kids up to age 12)

The best time to teach kids about saving is now! Their very own Little $avers account will help do just that. Your child will learn the importance of saving, and how deposits and interest help their account grow!

 

• Low $5 minimum to open and earn interest
• $10 membership fee waived
• Parent, Legal Guardian, or Immediate Family Member (with verbal or written consent from parent or legal guardian) must be joint owner
• Online banking (at discretion of joint owner)
• Account will automatically convert to Teen $avers account once child turns age 13

 

Your Little $aver will get:

• Their very own savings passbook

• Gift when they open their account

• Gift when they come in to a branch

• And more!

 

Open a Little $avers account today!

Visit an MCCU branch or call us for an application!

 

In compliance with the Children's On-Line Privacy Act (COPPA), Matadors Community Credit Union will not collect or ask for personal information from children under age 13.

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Teen $avers (For teens up age 13-17)

 

Visit the elements™ website

 

Start your teen on the right financial path! A Teen $avers account will educate them on the importance of having credit union accounts and how to save money for the future.

 

• Low $5 minimum to open and earn interest
• $10 membership fee waived
• Parent, Legal Guardian, or Immediate Family Member (with verbal or written consent from parent or legal guardian) must be joint owner
• Online banking (at discretion of joint owner)
• Account will automatically convert to regular account once child turns age 18
• View the elements™ Website! It's just for teens! Listen to a podcast, take a quiz or find out how to take care of your finances!

 

You will get:

• Savings passbook
• Gift when you open your account
• Gift when you come in to a branch
• ATM Card (at age 16)
• $20 daily withdrawal limit
  Unlimited deposits
  
• No monthly fee Checking Account (at age 17)

Must have joint owner until age 18

Once you turn 18, if you show college ID, your account will be a no monthly fee College Checking account or, if you are not a student, we’ll convert it to a Free Checking account, or the account of your choice o MasterMoney Check Card (same restrictions as ATM Card above)

• And more!

 

Open a Teen $avers account today!

Visit an MCCU branch or call us for an application!

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