Kids and Teens :: Accounts and Services :: School Employees Credit Union of Washington

Kids and Teens

Earn 7.71% APY* on any amount up to $750 in your savings and checking account! Click here for details.

* APY (Annual Percentage Yield)

Youth accounts (Savvy Savers, and Choices) will earn 7.71% APY on any amount up to $750 in their savings account and 7.71% APY on any amount up to $750 in their checking account, when they receive e-Statements. Automated deposits are not required for these accounts. Click here for additional eligibility details.

Do you have children or grandchildren age 17 or younger? Help them develop good savings habits that will last a lifetime. Sign them up for membership in School Employees Credit Union!

Download a "NEW" Youth All-Service MasterApp Application (age 17 or younger). print it on legal size paper, complete it, sign it, and mail it to us at "School Employees Credit Union, P.O. Box 576, Seattle, WA 98111-0576."

As a current member, your children and grandchildren who live in Washington are eligible to join, and their membership is good for life, regardless of their future career choices. To have an application mailed to you, please send your request to marketing@secuwa.org.

Our youth accounts give parents age-appropriate tools to help young members learn good financial habits. Membership makes a thoughtful and lasting gift for any youngster since it's good for life, no matter the child's future career choices.

As with all our accounts, youth accounts are accessible to you 24 hours a day via FREE electronic services.

Savvy Savers*

- for members through age 10

It's never too early to learn good financial habits, and Savvy Savers makes saving fun and easy with help from Savvy Salamander, its cartoon mascot.

Parents or guardians can open dividend-earning savings accounts with as little as $5 for their children. Children can keep track of their money with e-Statements and online banking (STARS Online). Parents or guardians can add an ATM card to their children's accounts.
Members receive the quarterly Savvy Says newsletter and can access more fun for kids with online games and puzzles.

Choices*

- for members ages 11 - 17

This account gives parents or guardians the hands-on tools they need to effectively teach their children good money-management habits. All products are co-signed by parents or guardians, allowing them to pick the exact combination that's right for their child's maturity and development. Accounts automatically come with e-Statements.

Options include:

Savings account (required).
Choices checking account. Members can qualify for a dividend-earning checking account with no monthly service fee or per-check charges. The member's first 150 paper checks are free. Just $50 opens an account.
Visa debit® card (which is tied to the member's checking account) or ATM card, both with daily and weekend limits of $200.
Choices Visa® credit card. Good everywhere Visa is accepted, this card usually has a credit limit ranging from $200 to $500. It has no annual fees and a low interest rate of 9.65% (for AutoPay) or 9.90% APR (for other repayment methods).
Choices loans of $200 to $1,000 are available for any good reason (like buying a musical instrument or funding a school trip) provided the young member has a source of income and has been a Choices account holder in good standing for 90 days. Loans are repayable over 12 to 15 months.
CU Succeed quarterly newsletter and CU Succeed Web site.

*Eligibility for individual products is subject to credit approval.