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Teens Club |
Teen Club Features
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Open to any Credit Union Member between ages 13 and 18
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Deposits earn points, which can be redeemed for prizes
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Free Kids' Club money pouch
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Quarterly newsletter, with fun games and information to help you save money
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Membership card
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Bring in your birthday money within two weeks of your birthday and earn double points (Maximum of 200 bonus points)
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Bring in your report card and earn 10 points for each "A" and 5 points for each "B" (Maximum of 50 bonus points)
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Look for special activities and contests to be announced at our offices and in the newsletter.
Savings Account
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Minimum Balance Requirement: $25.00
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No Monthly Service Fee
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Dividend Period: For this account type, the dividend period is monthly. The dividend declaration date is the last day of the month.
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Daily Balance Compounding Method: Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day.
| Daily Balances |
APR* |
APY** |
| under $100.00 |
0.00% |
0.00% |
| $100.00 to 999.99 |
0.60% |
0.60% |
| $1,000.00 to $2,499.99 |
1.00% |
1.01% |
| $2,500.00 |
1.20% |
1.21% |
Stated rate applies to the entire balance.
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*APR - Annual Percentage Rate yield may change every month as determined by the credit union board of directors.
Fees And Conditions
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There is a $10.00 charge for closing your membership share account in the first 3 months and a $5.00 charge to close it between 3 and 6 months of opening. This is to offset the computer cost associated with opening.
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Statements returned with incorrect or changed address will receive a $1.00 charge. Accounts with a non-deliverable address will be charged a $3.00 per month fee. If you move, please notify us in advance.
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Additional restrictions may apply, please contact Member Services for details.
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**APY - Annual Percentage Yield
The dividend rate and annual percentage
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