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Youth
Accounts
WHAT IS IT
McCoy Federal
has a savings program specially directed to children ages 5 through
17. The program has no fees and includes gift incentives as savings
goals are reached. There are two groups of savers, the Eaglets (age
5 through 10 years) and the Eagle savers (age 11 through 17 years.)
The gift incentives are as follows:
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Eaglets
(Ages 5 – 10 years)
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| $100 Mini Flyer |
$250 Clock
& Flashlight |
| $500 Wallet
& Binoculars |
$750 Robotic
Calculator |
| $1000 Sports Bag |
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Eagles
(Ages 11 – 17 years)
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$100 CD
Holder
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$250 FM
Radio with Stopwatch
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$500 Duffle
Bag
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$750 Casio
Watch
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$1000 Electronic
Organizer
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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
The opportunities
and ideas for building a savings account are endless.
TOO YOUNG
OR TOO OLD FOR THE EAGLET OR EAGLE ACCOUNT
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.
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