Youth Accounts
GUIDING TODAY’S YOUTH TOWARDS TOMORROW’S FINANCIAL SUCCESS
Our Thornapple Credit Union offers children ages 17 years or younger the opportunity to learn about the value of a sound savings plan. As part of our TCU Youth Savings League, children will be offered fun and engaging ways to learn about the value of money and the importance of saving! Whether it’s quarters from the tooth fairy, birthday money, or a special allowance, our Youth Accounts are the perfect savings options for your child!
Youth Savings Accounts
Once a child joins, they gain access to tools that help them set and achieve their savings goals!
What you need to set up a Youth Account:
- Driver’s License or Birth Certificate
- Proof of Social Security Number
- $5 Starting Deposit
- Requires a Parent or legal guardian to be the joint owner of the account
- Driver’s License
- Proof of Social Security Number
- Proof of Address if not the same on Driver’s License
Benefits of a Youth Savings Account:
- No check cashing fees
- ATM Card for easy access
- One free cashier’s check or money order per month
- Free mobile banking
- Free text banking
- No minimum balance beyond your $5 membership
- Earn dividends on your money
- Secure way to save
Youth Savings Accounts cannot be set up online. Please visit a Member Services Representative at one of our local branches for assistance.
Youth Checking Account (9Years +)
What you need to set up a Youth Account:
- Requires a Youth Savings account to maintain membership
- See above for requirements to open Youth Savings.
- Requires a Parent or legal guardian to be the joint owner of the account
- Driver’s License
- Proof of Social Security
- Proof of Address if not the same on Driver’s License
Benefits of a Youth Checking Account:
- It offers a convenient payment method.
- It helps you track your spending.
- It fosters positive financial habits for the future.
- You may obtain a universally accepted debit card.
- Easy transfers between parent and teen accounts.
Youth Checking Accounts can be created through the Youth’s Online Banking account by clicking on New Accounts at the top of the page.
4-H Advance Program
The 4-H Advance Program is designed to empower youth by providing financial support for educational or agricultural projects. Participants can borrow up to $750 with repayment from fair earnings, fostering responsibility and real-world financial management experience. Funds will be tiered based on age and project.
TCU Student Scholarship
$1000 Scholarship aims to acknowledge and promote academic excellence, community engagement, and outstanding character.
Requirements to qualify for scholarship:
1. Scholarships are available to members of TCU who are high school seniors or home-schooled seniors.
2. Must be a member, in good standing, of Thornapple Credit Union. If you do not have an account but would like to apply for this scholarship, you will need to open a new account at TCU.
The Scholarship Application: Part 1: Student Application
Part 2: Written Recommendation from one non-relative such as a neighbor, boss, teacher, or a coach.
Part 3: A typed essay (500 words or less) on the philosophy of “People Helping People”
Need a Student Loan?
We offer Student Loans through a partnership with Student Choice. Click the Button below to get more information on Student Choice.