Stamper Junior Savers
JOIN STAMPER and get your savings off to a Hopping Start!
We invite young members of the family, up to the age of 16 to share in the benefits of Commsave Credit Union.
A great way to help them develop a sensible attitude to savings, and money handling skills essential for adult life.
HOW TO SAVE
The account is opened in the Junior Saver’s name, with the adult member as a trustee.
Savings can be made to the account in just the same way as other members by:
- By a transfer from the adult member’s account by adding it to their payroll deduction
- By Standing Order
- By cheque made payable to Commsave Credit Union
FEATURES OF OUR ACCOUNT
- There is no requirement to save on a monthly basis
- Accounts are managed by the account trustee, until they agree to pass control over to the Junior Saver (This can not be before the age of seven)
- At 16 the account will be converted to that of an adult member. (However no loans are permitted until the age of 18)