Junior Saving Account
Cool Savers is our Junior Saving Accout. This is available to children of adult members, from birth age up to the age of 16 years.
Is it easy to open a Junior Account?
Yes it is easy and convenient. A child will be supported by a Trustee (the parent or guardian) who will open the Junior Account on behalf of the junior person, sign the application form and take the responsibility of the Junior Account.
Upon joining, our junior member will receive a gift along with their special Young Savers passbook!
Download and complete the application form and bring/send it to Citysave Credit Union. We have to see full ID documents and the child’s birth certificate.To download the application form press here.
If you have any problems regarding downloading the application form, please contact us and we will be happy to send one to you.
Start saving now and build up a ‘nest egg’ on your child behalf.
How to start saving
Payments on behalf of a child can be made via:
· Payroll Deduction
· Direct Debit
· Benefits Transfer
For more information, please contact us on 0121 303 4013
What Happens When I Am 16 Years Old?
From your 16th birthday, you become responsible for your own account. The savings must now be managed by you as the named account holder The named account holder is contacted by Citysave, and savings are automatically transferred to an adult Credit Union membership account The original main saver may continue depositing into the account, but can no longer have access to the account without the written and signed permission of the account holder.
