It's never too early to get into the habit of saving money. Security's Youth Accounts make it easy and fun to learn about good financial habits that will last a lifetime.
A minimum deposit of only $20 is all it takes to enroll your child or grandchild in the Magic Money Club and introduce them to benefits of credit union membership. A parent or legal guardian is required as a joint owner. It’s a great place for children 10 and younger to put away a portion of their allowance, earnings and gifts. Magic Money Club members also receive newsletters filled with fun games and savings tips just for them!
Security’s My Money program is designed to help teens ages 11–17 start on the right path to a healthy financial future. With a minimum deposit of only $20 to open the account, Security’s My Money Account offers not only a Savings Account, but also the opportunity to open their first Checking Account (with a qualified adult) with a FREE MasterCard® Debit Card and an ATM Card. Plus, My Money teens also receive newsletters with financial tips just for them.
Cool Links Just for Them!
My Money teens also have Security’s Getting Started website to help them learn the basics of managing their finances. The My Money Getting Started website provides important information like how to manage their first Checking Account, why credit is important and how to maintain a good credit score and tips on loans, specifically for their first car.
Resources for Parents
Kids and teens have many ways of socializing online, but they come with certain risks. Click here for tips on talking to your kids and teens about being online.