YOUTH ACCOUNTS

Crew Account

The Crew Account is a savings account specifically designed for young members that are less than 18 years of age. They allow younger members to learn the value of saving and benefits of being a member.

 

  • Youth Savings Account (Only for members < 18 years)
  • Only a $10.00 minimum balance is required
  • Free Online Banking

 

UTMA/UGMA Account

The Uniform Gift to Minors Act (UGMA) or the Uniform Transfers to Minors Act (UTMA) provides an alternative for structuring accounts owned by children.

 

Members can fund accounts for their children but can limit access until their children reach the age of maturity (depends on the state).  The account owner is the child, but one parent is listed as the custodian of the account (the parent controls the account until the child is no longer a minor).  After the child becomes an adult, the minor becomes the account owner and the parent is removed as a custodian of the account.

 

All account information, terms and conditions are subject to change or cancellation without notice. For information on current fees that may be associated with this account please click here for the current fee schedule. Please contact a member service representative at Technicolor Federal Credit Union at (818) 973-4900, option "2" for more details.

 

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This Credit Union is Federally Insured by the National Credit Union Administration.