Teach the child in your life healthy financial habits early by encouraging regular savings. If your child is 17 years of age or younger, he or she can open a youth account with just $5. The youth member’s parent or guardian is required to be joint owner on the youth account.
Deposits to your youth savings account may be made by mail, in person, through payroll deduction, night depository, transfers through TellerPhone touchtone banking or direct deposit. Earn dividends on balances of $5 or more.
Your youth savings account at MERCO is secure and risk-free because it is insured for at least $250,000 by the National Credit Union Administration (NCUA), a U.S. Government agency.
At MERCO CU you are not just a depositor, you are an owner!