Youth Accounts
[Youth] [Savings] [First GIC]
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Youth
The Youth account is for members up to 24 years of age.
The Youth account offers you a no fee, low service charge account package
so that your money can go farther. The Youth account can help you
to learn the fundamentals of day--to-day banking with a full range
of banking services and features including telephone, Internet and
other remote banking options.
| Monthly account fee |
$0.00 |
| Monthly account fee waiver (average monthly balance) |
n/a |
| Free debits per month |
20 free after which service charges apply |
| Additional debits |
$.60 |
| Cheques |
$.85 |
| Paper bill payments (in-branch) |
$1.50* |
| cuanytime® inquiries & loan payments |
Free, unlimited |
| TeleService® inquiries & loan payments |
Free, unlimited |
| ATM - Alberta Treasury Branches |
$1.50* |
| ATM - Other financial institution in Canada |
$1.50* |
| ATM - U.S. CIRRUS machines |
$3.00* |
| ATM - Other country CIRRUS machines |
$5.00* |
* not included in debit package or unlimited debit transactions.
Savings
The Savings Account is for members who wish to make regular deposits
to an account on behalf of a minor. This account is ideal for saving
money for post-secondary education, a large purchase, or just to
get your child's finances off to the right start.
The Savings Account offers a competitive rate of interest calculated
on the daily closing balance and paid monthly. Interest is calculated
on the following tiers:
$ 0.00 - $ 4,999.99
$ 5,000.00 - $19,999.99
$20,000.00 - $59,999.99
$60,000.00 and over
Interest rate calculated back to $5,000.00.
| Monthly account fee |
$0.00 |
| Monthly account fee waiver (average monthly balance) |
n/a |
| Free debits per month |
5 free after which service charges apply |
| Additional debits |
$.60 |
| Cheques |
$.85 |
| Paper bill payments (in-branch) |
$1.50* |
| cuanytime® inquiries & loan payments |
Free, unlimited |
| TeleService® inquiries & loan payments |
Free, unlimited |
| ATM - Alberta Treasury Branches |
n/a |
| ATM - Other financial institution in Canada |
n/a |
| ATM - U.S. CIRRUS machines |
n/a |
| ATM - Other country CIRRUS machines |
n/a |
First GIC
The First GIC is a Term Deposit for youth under the age of 19.
With a minimum deposit of $100.00, you can get started on a sound
money management strategy for the future. A minimum of $25.00 can
be added to the deposit per month until the deposit reaches a maximum
of $5,000.00.
Terms are available from 1 to 5 years. The rate that you receive
on the day you open your First GIC Term Deposit is the rate guaranteed
for the entire length of the term. You may redeem all or part of
your First GIC prior to maturity without penalty.
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