Teach your children to become financially savvy at a young age with Tremont Credit Union’s Youth Savings Account. In order to promote financial literacy in the community Tremont Credit Union offers a special dividend rate for Youth Savings Accounts! In order to be eligible for this exclusive tiered deposit rate, members must be under the age of 18. The rate for the first $500.00 of new deposits will be 6.18% APY*! The rate for deposits above the initial $500.00 will be tiered. By offering such attractive deposit rates on the Youth Savings Account our young members will be able to see a real return on their investment. The Youth Savings Account is a great way to grow a savings program for your children or grandchildren. Open a Youth Savings Account today for the children in your life and start saving today for a financially responsible tomorrow!
|$1.00 – $500.99||6.18%||$701.00 – $800.99||3.04%|
|$501.00 – $600.99||5.12%||$801.00 – $900.99||2.02%|
|$601.00 – $700.99||4.08%||$901.00 – $1,000.00||1.00%|
Any balances over $1,000.00 will receive the Regular Savings rate.
*APY = Annual Percentage Yield. $1.00 is the minimum deposit required to obtain the APY. $1.00 is the minimum required to open the account. Dividend rate effective November 6, 2014. Dividend rate may change after account is opened.
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