How to Open a Kids Account
We are excited for the new Kids Rewards Club! This is a youth savings account designed to encourage good money practices at a young age. Anyone under age 18 is encouraged to bring a parent or guardian and sign up.
Here’s what you’ll need to get started if you are not a current MMCCU member:
- Child’s Social Security card
- 15-20 minutes of your time
- $5 deposit to establish membership
Here’s what you’ll need to get your child started if you ARE an MMCCU member:
- 15-20 minutes of your time
If possible, we recommend calling ahead of time to make an appointment so we can serve you more efficiently! We’re happy to serve you!
About the Kids Savings Account
Each applicant will get a free piggy bank to start saving, as well as a punch card with prizes to be accumulated over time. Youth are rewarded for deposits, as well as visits to the credit union. There will also be other prize opportunities available to account holders throughout the year, including during the child’s birthday month and during International Credit Union Week.
Kids Rewards Club deposits earn a higher interest rate of 3% on deposits up to $2,500 until age 18, at which point the account is automatically transitioned into an MMCCU savings account.
Membership at MMCCU is exclusive to anyone employed in a healthcare-related field and their families. There is no affiliation with any specific healthcare entity. To qualify for a Kids Rewards Club, kids must have a direct relative that qualifies. To learn more about membership, visit www.MMCCU.com/membership.
For more information on the Kids Rewards Club and other youth savings accounts, please visit www.MMCCU.com/kids or call 715-387-8686.
