Your Account, Your Style
Youth Share Accounts
Why shouldn't our TEFCU youth and young adults have an account that shows their style? One that comes with a catchy name, their own club website, plus products & services that fit their needs.
The Dollar Dog Account**
This account is geared towards newborns all the way up to the young teen (age 12). Now is a great time for parents to start saving for those early childhood expenditures. We've lowered the par value for the share account - only $5.00. Add a Youth Certificate and you are off to a great start.
The Cha-Ching Account**
This account is geared towards our teen members (age 13 to 17). With a share deposit of only $25, this account is great to start teaching solid savings habits and responsible spending habits. Then add a special savings share, and let them start saving towards their personal goals.
The Edge Account**
This account is geared towards our young adults (age 18 to 24) who are about to embark on the real world. We know they are ready for their first ever e-Checking account, their first credit card, and of course educational opportunities about managing debt responsibly. We will provide education and enlighten our Edge Members on how to transition into the real world. Whether it's college or their first job - they'll need money management life skills. And, that's where TEFCU comes in.
We're excited about our youth program and how TEFCU can focus our efforts to help teach and transition our young members through life's journey as they become responsible adults. Do the youth in your life have an account at TEFCU? There's no better time then today.
Youth Shares (Last Modified: Jun 08, 2012)
|Type of Account|
|Dollar Dog Share|
|The Edge Share|
Dividends Compounded: Monthly • Dividends Credited: Monthly • Dividend Period: Calendar Month
Minimum Balance for Dividends: Dollar Dog Share - $5 / Cha-Ching Share - $25 / The Edge Share - $25
Dividend Rate and APY after the first $1000: Regular Share Savings Dividend Rate/APY
Balance Method: Average Daily Balance • Limitations: Refer to Membership Booklet • Fees: Refer to Schedule of Fees • Restrictions: Restrictions may apply. • *APY = Annual Percentage Yield