Saving is important at every age, especially in the formative years from birth through college. Saving enables you to prepare today for your needs tomorrow. Whether you’re saving for a video game, a new bike, a car or your college education, YOUR credit union has a Youth Super Saver Account to make your dreams come true! The credit union will pay a bonus for you to save money in a special credit union account. Deposit as little as $15 a month, and watch your savings grow.

Youth Super Saver Account Terms

Youth Super Saver share account requires members, birth – college years, to also have a share account to earn dividends. There is no minimum balance requirement. Members are required to make at least a $15 monthly deposit to earn bonus dividends. Deposits must be new money; transfers from existing credit union accounts are not considered new money. If the required deposit is not made, the account will earn the basic savings annual percentage rate (.55%). Dividends will be compounded daily and credited monthly. Bonus dividends are calculated on a tiered account structure. Bonus dividends are paid on the full balance in the account that corresponds to that balance tier, the first business day of the new month. Bonus dividends will be calculated on the end of month account balance. The basic savings interest rate and Bonus dividends are subject to change monthly. APR=Annual Percentage Rate. APY=Annual Percentage Yield.

Transaction limitations: during any monthly period you may not make more than six withdrawals or transfers to another credit union account of yours or to a third party by means of preauthorized or automatic transfer or telephonic order or instruction. No more than three of the six transfers may be made by check, draft, debit card, if applicable, or similar order to a third party.

Bonus Dividend Tier Structure

$0 - $1,999.99                      5.00% APR          5.07% APY

$2,000.00 - $4,999.99          3.00% APR          3.03% APY

$5,000.00 and Over              2.00% APR          2.02% APY

APR=Annual Percentage Rate. APY=Annual Percentage Yield

For More Savings Tips, visit the Kirby Kangaroo Club and the CU Succeed Club!

                       
Kirby Kangaroo® Club                     

National Credit Union Administration (NCUA) Insurance Coverage on Share Accounts. Your savings is federally insured to at least $100,000 and backed by the full faith and credit of the US government.