Navigating the teenage years is an exciting journey toward independence and responsibility. At River Valley Credit Union, we’re here to empower both teens and their parents with financial tools designed to make this journey both fun and educational.
Fast Track Program (Ages 13–15)
Kickstart your teen’s financial future with our Fast Track Program, tailored specifically for young savers aged 13 to 15. Here’s what awaits:
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Earn While You Save: Watch your savings grow with interest on balances of $50* or more. It’s a rewarding way to learn the value of saving.
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Share Certificates: Introduce your teen to higher-yield savings options, teaching them about longer-term investments and the benefits of planning ahead.
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Zogo App Access: Financial education meets fun! The Zogo app offers bite-sized lessons on money management, rewarding users with points that can be redeemed for real-life rewards. It’s learning that pays off!
Building Credit for Ages 16–17
As your teen approaches adulthood, establishing a solid credit foundation becomes crucial. For our members aged 16 to 17:
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Discounted Loans: With a qualified co-signer, your teen can access loans at discounted rates, providing a practical introduction to borrowing and credit building under your guidance.
Why Parents Appreciate Our Teen Accounts
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Financial Literacy: We provide resources and tools that help your teen understand money management, setting them up for a lifetime of financial success.
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Safe Environment: With parental oversight and our dedicated team, your teen can explore financial independence in a secure and supportive setting.
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Future Preparedness: From saving for their first car to understanding credit, we’re here to guide your teen through these pivotal financial milestones.
Getting Started is Simple!
Embark on this financial journey with your teen today. Opening an account is straightforward, and our friendly staff is ready to assist every step of the way.
Or visit any of our convenient locations to get started. Let’s work together to build a bright financial future for your teen!
Helpful Articles:
How to Talk to Your Kids About Money
Financial Literacy For Teens: How to Create Responsible Financial Behaviors