posted on Monday, April 02, 2012

At SAFE, our objective is to help young members build a sound financial future. We believe the most effective means of learning how to manage money is to gain first-hand experience. Youth account holders are encouraged to actively monitor and manage their accounts through branch transactions, ATM use and free online banking. Youth accounts offer unique benefits that increase with the student member's age, so that they can safely learn about credit and money management. The Y Account is designed to assist teens from 13 to 17 develop essential skills for effectively managing money and finances.

Y Savings Account Features Include:

• Dividends paid quarterly
• $5 minimum deposit to open account
• Six (6) Regulation D monthly transfers allowed
• Free Music Downloads when you join

Y Checking Account Features Include:

• No monthly maintenance fees
• $25 minimum opening deposit
• First box of checks free
• Parent / guardian must be joint on the account
• Free online banking through SAFENET
• Free SAFE Touch account access via phone
• Free VISA Debit Card with ATM access at all SAFE and CO-OP Network ATMs (15 and older)

Y Certificate

• $500 minimum deposit, 12-month term

Other Benefits

• Youth Week Celebrations each April
• Quarterly Prize Drawings
• Free online financial education links and games

Contact MSC or your local branch to open a Y Account today.

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Y ACCOUNT - FOR MEMBERS 13-17 YEARS OLD