Children’s Accounts

Accounts for the Whole Family

Teaching kids about finances is a great way to help them be prepared for adult life. Concepts such as Spending and Saving are a good place to start. Marshfield Medical Center Credit Union is dedicated to helping our members of all ages. Below, find the resources available for kids at MMCCU!

RELATED: Local Credit Union Members Share How They Teach Kids About Finances 

Services for Kids

Save, Give, Spend

Kids Savings Accounts

• Regular account listed under a child’s name
• Must be joint with parent/guardian until age 18
• Child allowed to access to transact an account
• Great way to teach children about managing finances!

Custodial Accounts

• Custodian assigned to manage funds on behalf of child
• Funds can be turned over to child at age 18; must be turned over at age 21
• In WI, established under Uniform Transfers to Minors Act (UTMA)
• Can be used for tax planning purposes*

Education Savings

• Set aside funds for schooling purposes
• No tax benefit (unlike Coverdell ESA or 529 account)
• Ultimately no restrictions on use of account

Coverdell ESA

• Comes with tax advantages* (check with a tax advisor for your specific circumstances)
• Save money for a child’s education expenses (tuition, fees, books, supplies, etc)
• Nondeductible contributions made on behalf of a child until the child reaches age 18.
• Earnings generated remain tax deferred while in the ESA.
• When the child uses the ESA assets to pay for qualified education expenses, the contributions and earnings come out tax free

Saver's Sweepstakes

• A prize-linked savings account offered by Wisconsin credit unions that lets consumers earn entries into drawings for cash prizes by
making deposits into qualified savings accounts.
• Available to minors with a parent/guardian permission

Greenlight Debit Card

We’ve partnered with Greenlight, the debit card and money app for kids and teens. Greenlight allows parents to teach their kids smart money habits with flexible spend controls, automated allowance and chores, all from the Greenlight app. Best part is, Greenlight is available to MMCCU Members for free*.

Kids Rewards Club

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.

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 4.50% APY on deposits up to $2,500 until age 18, at which point the account is automatically transitioned into an MMCCU savings account.

Click here if you would like more information!

Greenlight Debit Card

greenlight kids debit card

The Greenlight Debit Card and accompanying app illuminate the world of money for kids. Through this platform, children can earn money through chores, set savings goals, make informed spending decisions, and learn about the world of investing. Parents, in turn, gain peace of mind with flexible controls and real-time notifications whenever their children make a transaction.

The Greenlight Debit Card introduces several time-saving features for parents, including instant money transfers, real-time spending notifications, mobile payments through Apple Pay or Google Pay, and the ability to track account balances and activity history. Parents can also exercise control over where their children spend by setting store and ATM limits. Designed to provide a seamless experience for both parents and kids, parents manage controls and receive alerts while children can monitor their balances, set financial goals, and gain valuable insights into managing their money responsibly.

Kids can personalize their cards with a photo of their choice, making budgeting even more fun. Secure and with integrated support, the Greenlight Debit Card comes with Mastercard’s Zero Liability Protection, FDIC insurance up to $250,000, real-time spending notifications, and the ability to turn cards on or off directly from the app. Additionally, the support team is available 24/7 to address any concerns.


*MMCCU members are eligible for the Greenlight SELECT plan at no cost when they connect their MMCCU account as the Greenlight funding source for the entirety of the promotion. Upgrades will result in additional fees. Plans start at $4.99/mo. Upon termination of promotion, members will be responsible for associated monthly fees. See terms for details. Offer ends 11/29/2025. Offer subject to change.

Subject to minimum balance requirements and identity verification. Plans start at $4.99 after the first month. Offer subject to change at any time.

The Greenlight® prepaid card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International.


Can existing Greenlight customers be added to the program?

Yes! Once existing Greenlight customers add their Marshfield Medical Center CU account as a funding source they can reach out to Greenlight customer service and request to be added to the Marshfield Medical Center CU partnership program.

Is there a minimum age to have a Greenlight card?

We support kids and grownups of all ages. No minimum (or maximum) age here. The Primary must be at least 18 years old and a U.S. resident.

Is this a debit or credit card?

Greenlight is a debit card for kids, not a credit card. Parents load money onto the card from their own funding source connected through their Greenlight app. And because it’s a debit card, kids can’t spend what isn’t there. That’s a pretty valuable life lesson.

Can I send money to my child’s Greenlight card from the Marshfield Medical Center CU app or website?

No, Greenlight is its own individual app, but within the Greenlight app you can send money to your child’s card, turn their card on/off, set up spending controls, allowance, chores and more.

Is there an app for kids?

Kids and parents will both use the same Greenlight app you see in the app store, but have two different experiences and individual login credentials. Parents can set up their child’s login under the child’s profile settings.

How long does it take for my debit card to arrive?

After completing registration or requesting a replacement card, your debit card will arrive within 7-10 business days. If you would like to expedite your shipping for your card to arrive within 2-3 business days, you can call our customer service team at 888-483-2645 within 12 hours of signing up. You can request to have your shipping expedited for a one-time fee of $24.99.