If you’re a current residence of Utah, Alpine Credit Union is now offering a chance for your youth or teen to earn a $25 bonus when you sign up for their new youth “Green Grower” Savings accounts, promotion valid until April 30, 2016. It’s as easy as that, as long as your ages 18 and under, you can open a Youth account. Alpine Credit Union wants to introduce the importance of saving at an early age and what better way then to provide kids and teenagers with a savings account and be rewarded for having a savings account. Hurry in now for National Credit Union Youth Month and reap the benefits of financial security!
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Alpine CU Checking Account Summary:
- Apply Now
- Account Type: Youth Savings Account
- Maximum Bonus: $25 Cash
- Availability: UT
- Expiration Date: 4/30/2016
- Soft/Hard Pull: Soft
- Credit Card Funding: None
- Direct Deposit Requirement: None
- Additional Requirements: None
- Monthly Fee: $0
- Early Termination Fee: There is a 3 month early termination fee
Alpine CU Checking Bonus Requirements:
- You must be 18 years and under to apply
- Apply for a Youth Savings Account during Youth Week
Alpine CU Account Features:
- Joint ownership.
- Minor by. This option gives your child access to their funds at age 18. Your child can make deposits. You can make deposits and withdrawals.
- In the future, if you wish to allow your child to make withdrawals or have an optional ATM card prior to age 18, request to change your child to a joint owner.
- Uniform Transfers/Gifts to Minors Act (UTMA/UGMA). This option is for adults making an irrevocable gift to a child. One adult custodian has sole control and access to the funds until the child reaches an age defined by your state’s Uniform Transfers/Gifts to Minors Act (typically age 18).
Conclusion:
If you currently live in Utah, then be sure to check out Alpine Credit Union for a $25 bonus when you enroll your kid(s) in a Youth Savings Account. Alpine stresses the importance of being financial secure, and with a Youth Savings account, teaching your kids how to save money at an early age is definitely a valuable asset to consider. If you’re child is 18 year of age or under, then I definitely recommend checking out their Youth account. I recommend that if you consider closing your child’s youth savings account, that you do it after a 90 days pending closure period to avoid claw-backs of any money that your child really deserves. Also, it wont hurt to try an account with Alpine so I definitely recommend it, this is a pretty easy bonus! If you’re not currently interested, then I recommend you check out our complete list of Bank Deals for all your banking needs!