Want your children to learn the value of a savings account early in life? Want to teach them money management skills while they’re young? Our ClubG Account is an excellent tool to instill financial values in your children or grandchildren. Any youth between the ages of newborn and 11 years of age are eligible to open a ClubG Savings Account. Once the child turns 12 years old, he or she is no longer eligible for this program.
|
|
|
Requirements:
|
Child must have a social security number.
Child must be between the ages of newborn and 11 years old.
An eligible adult must be available as a joint owner in the event that the child cannot sign his or her own name.
Membership savings account.
|
| Benefits to You: |
As children establish a positive savings history, they also learn early how a credit union operates as well as the value of saving money for their future.
In addition to growing their savings account with every deposit of $5.00 or more, children also receive a coin to be used toward the purchase of incentive gifts. For example:
- With every $5.00 deposit into your ClubG account, you will receive a yellow Cub Club Coin worth 1 point.
- With every $25.00 deposit, you’ll receive a blue Cub Club Coin worth 5 points.
- With every $50.00 deposit, you’ll receive a red Cub Club Coin worth 10 points.
- The maximum number of points you can earn in one day or with one deposit is 20.
- If a withdrawal is made from your ClubG account within 30 days of a deposit, you will not be eligible for Cub Club Coins or points on your next deposit.
There are no minimum balance requirements and no service charges. You’ll earn competitive dividends on your funds. These dividends are calculated on the average daily balance and credited to the account monthly. Statements are mailed quarterly unless they receive an electronic deposit. |
|
Here's your
Points List!
Need advice, have a question, or want to open an account?
Call or email
The Link
574.294.6553, opt 5
800.645.3732, opt 5
memserv@inovafcu.org
|
|
