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 young tween (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. We've also waived the membership fee for these little ones. Add a Youth Certificate and you are off to a great start. Check out the Dollar Dog Kids Club by clicking on the icon to the left - there's a section for parents and kids!
The Cha-Ching Account
This account is geared towards our teen members (age 13 to 17). With a lowered par share value of only $25 and still no membership fee, 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. Explore music, downloads, articles, and blogs by clicking the icon - but parents, this one is for teens only!
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 our 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. Check out their personal webpage by clicking the icon.
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: Feb 25, 2010)
| Type of Account | Minimum Balance | Dividend Rate on first $1000 | APY* on first $1000 |
|---|---|---|---|
| Dollar Dog Share | $5 | 2.70% | 2.73% |
| Cha-Ching Share | $25 | 2.70% | 2.73% |
| The Edge Share | $25 | 2.70% | 2.73% |
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 Balance Method: Average Daily Balance Limitations: Refer to Membership Booklet Fees: Refer to Schedule of Fees** Dividend Rate and APY thereafter the first $1000: Regular Share Savings Dividend Rate/APY Restrictions: Restrictions may apply.
Specialty Certificates (Last Modified: Jul 09, 2009)
| Type of Account | Term | Minimum Balance | Dividend Rate | APY* |
|---|---|---|---|---|
| SAYGo Certificate | 12-month | $25 | 1.75% | 1.76% |
| Youth Certificate | 6-month | $25 | 2.00% | 2.02% |
| 24-month | $25 | 2.50% | 2.52% |
Dividends Compounded: Quarterly Dividends Credited: Quarterly Dividend Period: Calendar Month Minimum Balance for Dividends: $500 Balance Method: Average Daily Balance Limitations: Refer to Membership Booklet Fees: A penalty will or may be imposed for early withdrawals. Refer to Schedule of Fees**
For SAYGo and Youth Certificates - Minimum Opening Deposit/Balance to earn Dividends: $25
