Your children can benefit in many ways from depositing regularly to their very own PFCU dividend-earning savings accounts. It’s a great way to teach your children the value of saving for the things they want and how to manage the money they earn.
PFCU family membership qualifies each child in your family to have his or her own credit union savings account with an initial deposit of only $5. After opening an account, your child will have 12 months to bring the account balance up to the required $50 account minimum. Deposits may be made in person at the office, by mail, or by a transfer from a parent’s direct deposit or payroll deduction. Checking accounts are available to young people 18 and over.
Let PFCU help you to teach your child about money and how to make it work for them. Call us today and we’ll tell you more!