Youth Accounts

As long as the minor has a birth certificate and social security card, an account may be opened for them. All youth accounts must have an adult co-owner.

A deposit of $5.00 must be made into all savings accounts and kept on deposit at all times. This is your share of the credit union.

When the minor turns 16, they may start a checking account as long as they have a co-owner.

See our Rates and Fees for details.

To open an account for a minor, you will need to bring their birth certificate and social security card and proof of residence. All minor accounts must have a co-owner.

• Share Savings Account
• Holiday Club Account
• Money Market Account

Preauthorized or automatic electronic withdrawals such as phone and utility bills. Also, transactions done using online (PC & mobile) and phone transfers using e-Phone, fax, or by calling our Contact Center. This applies when funds are coming from an account type listed above.

Applies whether:

• The funds are being transferred to another account.
• The funds are being sent to a third party via preauthorization, Bill Pay, or wire transfer.
• The funds are being automatically transferred from a Share Savings to a Share Draft Checking to cover an overdraft.
• The funds are a scheduled transfer that was set-up by account holder in home banking

• Transactions from an account type noted below that are completed in-person at a branch or Shared Service Center
• Transactions made using an ATM
• Transfers from an account type noted below that are being applied to a loan account
• Automatic payroll allocations
• Any Share Draft Checking Account transaction
• Transactions completed by mail
• Transactions made by telephone, fax, PC, or mobile device – if it is an official check payable to the member that is mailed to the member

Affected Account Types:

• Share Savings Account
• Holiday Club Account
• Money Market Account

Once you have reached the six (6) allowable transactions in a calendar month, you will not be allowed to make further transfers/withdrawals from the affected account unless they are made in person at a branch location, Shared Service Center or at an ATM.Transaction attempts from an account type noted above will be declined, unless in-person or at an ATM.

HELPFUL TIPS

• Have preauthorized payments (such as phone & utility bills) automatically deducted from a Share Draft account, not a Share Savings account.
• Make one large transfer to your Share Draft Checking to cover anticipated usage, instead of making many small transfers throughout the month.
• Visit a branch or ATM location to make withdrawals or transfers.
• Balance your Share Draft Checking to avoid overdraft transfers from your Share Savings account.
• Apply for a Line of Credit to use as overdraft protection.
• Open a Checking Account. Share Draft accounts are not subject to Reg D restrictions.

LIMITED TRANSACTIONS:

Up to six (6) preauthorized or electronic transactions permitted per calendar month from a non-transaction account.

Non-transaction accounts are:

• Share Savings
• Holiday Club
• Money Market

Transactions done using online (PC & mobile) and phone transfers using Cloud mobile dervices or by calling our Member Service Department from an account type listed above.

This rule applies whether:

• Funds are being transferred to another account
• Funds are being sent to a third party via preauthorization, Bill Pay, or wire transfer
• Funds are automatically transferred from a Share Savings to a Share Draft Checking to cover an overdraft
• Funds are scheduled transfers set-up in home banking

UNLIMITED TRANSACTIONS:

• Made in person
• Made using an ATM
• Made by a letter request (considered the functional equivalent of being physically present)
• Made by telephone, fax, PC, or mobile device – if it is an official check payable to the member that is mailed to the member
• Made by the member to pay a loan the member has with the credit union (including MasterCard)