For parents of Illinois, you can now sign up your child to a Meadows Credit Union StartPoint Youth Savings account and earn you little ones a easy $25 iTunes Gift Card with New Starpoint Card, promotion valid until May 16, 2016. It’s as easy as that, as long as your child is ages 12 and under, you can open a Youth account. Meadows Credit Union wants to encourage your youth to use resources available at the credit union to help them cut their way through the jungle of financial responsibility. and be rewarded for having a savings account. MCU will make the first $5 deposit and your kids will receive a free MCU Cow Bank. All kids will receive a gift after making a deposit to their StartPoint Savings. Also, kids who make deposits into their account will be entered to win 4 Brookfield Zoo Tickets.
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Meadows CU Checking Account Summary:
- Apply Now
- Account Type: StartPoint Youth Savings Account
- Maximum Bonus:$25 iTunes Gift Card with New Starpoint Card
- Availability: UT
- Expiration Date: 5/16/2016
- Soft/Hard Pull: Soft
- Credit Card Funding: None
- Direct Deposit Requirement: None
- Additional Requirements: None
- Monthly Fee: $0
- Early Termination Fee: None Specified
Meadows CU Checking Bonus Requirements:
- You must be 12 years and under to apply
- Apply for a Youth Savings Account during Youth Week
- Teens can also apply for the Startpoint Card to apply for this promotion
Meadows 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’re a parent living in Brooklyn Illinois, and you’re looking to get your child into the benefits of saving at an earlyage, then be sure to check out Meadow Credit Union for a $25 iTunes Gift Card bonus when you enroll your kid(s) in a Youth Savings Account. Meadows 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 12 year of age or under, then I definitely recommend checking out their Youth account. Also, it wont hurt to try an account with Meadows 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!