St. Cletus Credit Union has established an account specifically for children 12 and under to help them learn fiscal responsibility and promote good savings habits. We feel these lessons will serve them well as they grow into adulthood.
The children will need to open a primary share (basic savings) account to become a "member" of the credit union. A $5 minimum deposit is required to open the primary share account. All accounts will need a parent to sign as a joint owner. The Early Bird Savings Club will be a sub-account under their primary account number. If they already have an existing savings account, all you need to do is let us know that your child(ren) would like to join the club and we'll activate the necessary sub-account under their existing account. Once their "Early Bird" account is activated, we'll be able to transfer funds from their primary share account into their Early Bird account so they will be able to start receiving their "rewards". Their Early Bird account will earn the same dividend rate as their primary share account.
When the children open their account they will receive an Early Bird Savings Club activity book, savings book, quarter saver booklet, and membership card all specifically designed for the "club".
As a bonus, all members of the Early Bird Savings Club will be sent one coupon (McDonalds, Toys-R-Us, etc), up to a maximum of 10, after the end of each quarter for each $100 they keep in their account for the entire quarter.
