Youth Accounts
McCoy Federal has a savings program specially directed to youth savers ages 5 through 17.
The program has no fees and includes gift incentives as savings goals are reached. There are two groups of savers, age 5 through 10 years and age 11 through 17 years.
The gift incentives are as follows:
Savers 5 - 10 |
|
$100 - Frisbee Flyer |
$250 - Binoculars |
$500 - Backpack |
$750 - Watch |
$1000 - Sports Bag |
|
Savers 11 - 17 |
|
$100 - Beach Chair Cell Holder |
$250 - Clock Calculator |
$500 - Carabiner Cell Holder |
$750 - Portable Speakers |
$1000 - 2 GB USB Thumb Drive |
|
HOW DO I JOIN
Go to any of the McCoy locations and let them know you would like to start a Youth Savings Account. Click here for directions to any of the McCoy offices.
HOW DO I SAVE
- Money for savings can come from money you have already saved in a piggy bank or jar
- Money from special occasions like birthdays
- Allowance money
- Money earned from chores or getting good grades
- Money earned from babysitting or lawn cutting
- Money from part time or full time jobs
TOO YOUNG OR TOO OLD
McCoy Federal has accounts to suit everyone's needs. We can set up an account for someone under 5 years of age to convert to a youth account at age 5. At age 18 our youth are invited to participate in McCoy's full range of accounts and financial opportunities.
