Some kids get a weekly allowance, while others get birthday cash or earn a few bucks doing household chores. And what's their first thought when they get that cash? Spend it. At Power Financial Credit Union, we'd like to help reshape their thinking. Our Rocky Raccoon Youth Savings Account offers rewards for making deposits and helps parents teach lessons about financial responsibility that can last a lifetime.
To open a Youth Savings Account, kids will have to show two forms of identification. This includes a primary ID - a birth certificate, passport or alien registration card - and a secondary ID, which can be a Social Security card or school identification card with a photo.
Power Financial Credit Union serves members across South Florida with 8 full-service branches and offers convenient account access from anywhere using its secure Online Banking and highly-rated Mobile App.
*At age 13, members are required to convert to a Cha-Ching Teen Checking account