Youth Accounts With CVF
It’s never too soon to teach your children about financial literacy. And there’s no easier way to start than with a Youth Account from CVF Credit Union. Find out what types of accounts you can choose from, plus special perks your kids will receive when you bank with CVF in Westland, Michigan.
Types of Youth Accounts in Westland
CVF offers three different types of youth accounts, depending on age:
- Youth Accounts: Designed for kids 16 and under, it takes just $5 to get started. This account comes with a higher dividend rate for the first $1,000 balance. Plus, your child will get access to contests and prizes throughout the year, along with a small gift each time they make a deposit.
- Teen Checking: Your teen between the ages of 14 and 17 can come in for a chat at our Westland branch on how to manage deposits and withdrawals. There is no monthly fee with this account and they can use a debit card and make up to five ATM withdrawals each month.
- College / Young Adult Accounts: This account gives flexibility to older teens and young adults. They can use free mobile banking, ApplePay, and more. And because we know money can be tight at this age, there’s no minimum balance or monthly service fee.
Benefits of a CVF Youth Account
Need more reasons to open a CVF Youth Account in Westland? Here are more features that come with each account:
- Online banking
- Bill payment
- eStatements
- ATM Network
Get your child started with a Youth Account from CVF today!