A Joint Savings Account to be opened prior to a baby’s first birthday. WCTFCU will deposit $10 to the account. Each February WCTFCU randomly draws from among all prior year Baby Bucks accounts to select a $25, $50 and $100 deposit winner.
Children who develop a pattern of saving, while they are young, tend to continue that habit into adulthood. With a Head-Start Savings account, Members under 18 years of age earn at an annual percentage yield of 5.00% on funds up to $1,000/account. Once the Member turns 18, or when the balance exceeds $1,000, Members’ funds earn at the regular savings rate.