BeMoneySmart Parents
Utah Community Credit Union pledges our focus and efforts to develop modest spending and disciplined saving for our youth. The BeMoneySmart program has been designed to offer kids spending independence and responsibility while keeping parents informed, involved, and in control.
BeMoneySmart Checking
This youth checking account program was designed for teenagers under the age of 18. The account features a BeMoneySmart Visa check card which is better than cash because every check card transaction is captured and recorded in your child's online account-detail register. Spending patterns and habits can then be monit tored and tracked which can then allow parents to provide any necessary coaching.
BeMoneySmart Debit Cards
Better and safer than writing checks, it's easy to
track transactions online. The card is welcome
everywhere Visa is accepted, making it perfect for
school books, everyday errands, travel, and life's
little emergencies. Includes four cool designs
teens will love, and there's no minimum balance
or annual fees.
eMoneyFamily Transfers
Owe your kids a few bucks for allowance or babysitting? With eMoney Family Transfers, simply log in to your account and transfer the money quickly and easily into their account. You can then monitor their spending and work with your kids to review their spending habits.
Keep Track, Get Some Back
Good money management starts with good record keeping. Help your children get into the habit of tracking their spending with UCCU's pocket register. And to encourage the development of this important habit, UCCU will reward
Responsible Independence
If your teen uses their BeMoneySmart check card, and
there's no money in their checking account, the pur-
chase is simply declined. This integrated "spending
stop" is an important element to help teach responsible
money management and modest spending without the
expense of costly overdraft fees.* (Overdraft line of
credit can be added with parent signing and O.A.C.)
Make the Grade and Get Paid
We'll give your student $1 for each "A" in their year end report card. (If the final report card has each term of the year listed, we will award money for the final term only.)
Quarterly Drawings for Cool Prizes
With a BeMoneySmart checking account, your child is automatically enrolled in UCCU's quarterly prize drawings. Each checking account transaction equals one entry in the drawing.
Quarterly Newsletter
Every quarter we'll send out a newsletter with valuable infor- mation designed especially for teens.
To achieve money management success, the habit of savings is critical. UCCU has designed some special gifts and incentives to help your children begin saving immediately.
SmartSavers Rewards Card
Every time your child makes a deposit, our tellers will punch a SmartSavers Rewards Card. Redeem the card after five deposits and receive a special gift. Or save up deposit punches for even better rewards.
No Membership Fee
Normal $5 membership fee is waived for all youth accounts.
BeMoneySmart Youth Saver Account
Nurture long term saving habits. This account allows only one withdrawal per year in case a special need arises. Additional withdrawals in a calendar year receive a $5 penalty per withdrawal.
Baby Bucks
Open a new account for your baby before his or her first birthday, and we'll make the first deposit of $15.
BeMoneySmart Money Market
- Pays high Money Market yields at lower balances
- Allows up to six free withdrawals per month
- Check the website or your local UCCU branch for current yields
BeMoneySmart Savings Certificates
- Minimum $100 deposit
- All certificate terms available
- Check the website or your local UCCU branch for current yields