How much does your child or grandchild know about money management?
In a world of rising prices and student debt, this is an important question. Fox Business reported 87% of teens admit to having little knowledge of financial responsibility. Money expert Dave Ramsey recommends opening teen checking accounts to teach your teen and avoid financial problems down the line. If you aren’t sure where to start, we can help!
Our Youth Checking 101 Account offers your family solutions in line with the experts. The account is jointly owned by you and your 12 to 17 year old teen.
There are:
- No monthly maintenance fees
- No transaction fees for purchases
- No finance charges
You can also use our CardControlTM app to track your child’s spending, place spending limits or even deactivate their debit card.
*Opening a youth checking account and swiping your debit card 15 times for purchase transactions in the first 30 days after account creation will earn a $20 gift card to Amazon or Target.
You’re not alone when it comes to teaching your teen about money management. Help your teen open a youth checking account today!
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*Promotion period for new Checking 101 accounts to earn a $20 Target or $20 Amazon gift card (choice of the individual earning the reward) is from July 1, 2022, through August 31, 2022. This promotion applies to new accounts opened for individuals between the ages of 12-17 years of age and not a current account holder (as either a primary or joint) of an existing Kelly Community Federal Credit Union account. New account holders have 30 days from the open date of the new account to use their debit card for 15 purchase transactions in order to earn one gift card. A valid email address for the account is required at the time the account is opened and will be the email address to which the gift card will be delivered. Once email is sent verifying which gift card recipient desires, the recipient has 10 days to respond or gift card is forfeited. Limit of one gift card per account number. The gift card will be sent once the account has been open for 90 days. Membership eligibility required. Promotion subject to change without notice. Federally insured by NCUA.
