The Teen Smart Club is for members 13 to 17 years old. It's a new way for teenagers to learn financial responsibility with adult supervision. More benefits will be offered as the members gets older. Take a look:
Benefits for ages 13 to 17:
- Minimum $25 opening balance
- Dividends paid on balances of $100 or more
- Free 24 hour account access through AMFCU@Home
- Automatic upgrade to regular membership on 18th birthday
- Teen Smart
12 Month Certificate of Deposit available with a minimum
$100 deposit
- Googleplex
Benefits for ages 16 to 17:
- Free checking with an adult owner
- Loans available with an adult co-signer and proof of income
- Free ATM card for checking account with an adult joint owner
- Student Visa credit card with parental permission and co-signature on the account. Student Visa has a $500 credit limit.
- 1/4% off auto loan rate
The goal of the Teen Smart Club is to transition teenagers from a youth account to an adult account smoothly. It's a great opportunity for teens to learn how to handle their finances.
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