Youth Accounts

GECU YOUTH ACCOUNTS1

Open a GECU Youth Account for the children in your life and let Dru Blue introduce them to saving! You’ll teach them valuable lessons about financial success and they’ll get a head start on saving up to pay for college or for a special purchase. Plus, they will also enjoy all of the benefits that come with a GECU membership.

Get your child started on accomplishing their dreams with the help of GECU’s products and services that fit their needs!

  • Youth savings accounts
  • Checking accounts2
  • Coverdell Education Savings Accounts3

Invest in your child’s future when you open a GECU Youth Account by visiting any GECU location or by calling 915.778.9221, toll-free at 1.800.772.4328.


LEARNING TOGETHER

At GECU, we want to make sure that you have the right financial education tools to take back to your entire family. One of our financial education resources is the Reality Fair, an interactive financial literacy tool where kids get a unique hands-on experience on the possible financial challenges that can exist throughout life. A free Reality Fair at your school, business or organization will help you guide the kids in your life toward the path to financial success.

If you’re ready to teach your kids about financial literacy, schedule your GECU Reality Fair by contacting us at communitydevelopment@gecu.com or call 915.774.2160.

Youth Savings Accounts

Click child’s age group to view interactive website.
Money Mammals Savings Account – up to 8 years of age
M3 Money Club Savings Account – 9 to 13 years of age
Free2Be Savings Account – 14 to 17 years of age

Youth Checking Account

Free2Be Checking Account – 16 to 17 years of age
Now that you have a job, it’s time to learn about managing money. Free2Be checking can help you on your way to financial freedom with ...

  • A variety of financial tools, tips, podcasts and videos
  • Access to surcharg-free ATMs locally and nationally4
  • Free access to 24/7 online banking on your pc, laptop, tablet or mobile phone5
  • Your free GECU Debit Card
  • Your first box of 50 checks at no charge

Miners Kids Club Presented by GECU

Any child ages 12 and younger can join the Miners Kids Club presented by GECU! Registering with UTEP for the club is easy — they will be part of a fun, interactive group, enjoy exclusive club perks and events, and learn how to be financially smart. The Miners Kids Club membership is only $25 and it comes with …

  • A welcome packet with Kids Club ID card and lanyard
  • An official club T-shirt
  • A birthday card from Paydirt Pete and Dru Blue
  • Exclusive access to Kids Club events
  • In-game opportunities at UTEP Athletics events
  • The opportunity to open a GECU Miners Kids Club Youth Savings account6
  • Special invites to GECU financial education events and activities
  • A $10 deposit to your GECU Miners Kids Club Youth Savings account when two recurring transfers are completed in GECU Online Banking7
  • Paydirt Pete and Dru Blue photo opportunities
  • The opportunity to be the GECU Game Ball Kid of the Game
  • Free admission to one predetermined UTEP game for football, soccer, volleyball, softball, and women's and men's basketball

To join the club, visit utepminers.com/kidsclub. After you receive your registration-confirmation email, open your GECU Miners Kids Club Youth Savings account by calling 915.778.9221, toll-free at 1.800.772.4328, or by visiting any GECU location!

JOIN THE CLUB

Youth Savings Account Minimum Opening Balance Minimum Balance to Earn Dividends Dividend/Interest Payment Period Age Requirements
Money Mammals Club $20 $20 All youth accounts are paid quarterly on the last business day of March, June, September and December Up to 8 years
M3 Money Club $20 $20 All youth accounts are paid quarterly on the last business day of March, June, September and December 9 to 13 years
Free2Be Savings $20 $20 All youth accounts are paid quarterly on the last business day of March, June, September and December 14 to 17 years
GECU Miners Kids Club Youth Savings Account $20 $20 All youth accounts are paid quarterly on the last business day of March, June, September and December Ages 0–12

Youth Checking Account1 Minimum Opening Balance Average Daily Balance to Earn Interest Monthly Service Fee Activity Fee Monthly Interest Paid
Free2Be Checking None $2,500 None None When average daily balance is $2,500 or more.

1Learn more about how you can join. Click here.
2Must have a GECU share account to open a checking account. A one-time deposit of $20 in a GECU share account is all it takes. Youth checking accounts are available for children 16 to 17 years of age.
3Certain tax implication and contribution limitations apply to Education Savings Accounts (ESA). Consult your tax adviser for details.
4There may be transaction fees charged by owner of non-GECU ATMs.
5No charge to access these services from GECU. Standard text-messaging and data rates may apply.
6A Miners Kids Club membership is required to open a GECU Miners Kids Club Youth Savings account. A minimum opening deposit of $20 will be funded by GECU at account opening. APY (Annual Percentage Yield) of 0.25% is dependent on the share account opened and is accurate as of the last dividend declaration date. Rates may change after the account is opened. Rates are accurate as of July 14, 2020. Limit one account per Miners Kids Club membership. GECU will provide tax reporting to recipient and Internal Revenue Service.
7Receive a one-time deposit of $10 into the GECU Miners Kids Club Youth Savings account when recurring transfers are set up through GECU Online Banking and two transfers are completed within the first three months of opening the account. Limit one deposit per account.