Kids Accounts
Pennsylvania Uniform Transfers to Minors Act (PUTMA) Account
PUTMA accounts are irrevocable trust accounts available for our young savers in which the funds belong to the minor, managed by a custodian, such as a parent, grandparent, or other interested person. The minor must be eligible for membership at Lehigh Valley Educators Credit Union. When the minor turns 21 years old, the custodian must relinquish the funds to them.
Benefits include:
Kirby Kangaroo/Claim Your Youth Club
Earning Dividends
Developing saving habits
Federally Insured by NCUA
Individual and Joint Accounts
Having a child establish a sense of pride in managing their money can have major benefits for their financial future. Starting at 12 years old a child may open their own individual savings account. If they open a joint account with a parent or legal guardian at age 12, they will be eligible for a VISA® debit card and a Draft/Checking account* at age 14. These accounts are great for children who are starting to work and need an account for direct deposit.
Benefits Include:
Kirby Kangaroo/Claim Your Youth Club
Earning Dividends
Developing saving habits
Federally Insured by NCUA
*Account must qualify.
Kids Clubs
Kirby Kangaroo Club
The Kirby Kangaroo Club is for all members 12 and under. Help your kids get a good start on saving and learning how to manage their money at an early age. This club will provide them with the proper tools to ensure future success while leaving them with a sense of pride.
Benefits & Features:
Free to kids 12 and younger
Kirby Kangaroo Passbook
Earn 1 Kirby Credit* for every $10 deposit
Kirby Credits good towards merchandise available in both offices
Free website with activities, stories and games
Special giveaways every April for National Credit Union Youth Month
*Limit 10 credits per day, in office transactions only.
Claim Your Youth
The Claim Your Youth Program is for all members between the ages of 13 and 17. With this program teens are encouraged to continue to better their saving habits. Saving is important to your teens' future success, especially if they want to continue their education, buy a car, or have other dreams. And don't forget, when your teen turns 14, they can open a FREE Draft/Checking account at LVECU with a VISA® Debit Card* and receive their first box of checks free.** So why wait? When you help your teens learn the savings habit now, there's a good chance they'll save the rest of their lives.
Benefits & Features:
No minimum deposit or balance
Enter a quarterly drawing for a $100 deposit
Free website with articles and financial resources
*Must have parent or legal guardian as joint owner.
**Limited to basic-style checks.
Educational Resources
Chatting with kids about being online!
As technology continues to grow so are the risks associated with it. You can reduce these risks by talking to your kids about how they communicate — online and off — and encouraging them to think critically and act in a way they can be proud of.
Read the Article below to learn about how you can help reduce these risks for your kids.
Stop. Think. Connect.
The truth is there are some risks involved in posting, playing, and talking to people online. It can be easy to over-share, embarrass yourself, mess up your computer, and possibly get messages from creepy people. The article below will provide you with ways to help protect yourself, your friends, your accounts, and your devices.