//EVENTS & PROMOS
Everything “Teen” Checking
ELECTRONIC, EDUCATIONAL, EXCITING!
The account that helps young savers 13-17 build strong futures.
Our Everything “Teen” Checking is the ultimate financial tool for the next generation!
This account makes managing money easy and rewarding. Whether your teenager is saving up for a new adventure or learning about budgeting, Everything “Teen” Checking is the perfect way to get started. Everything “Teen” checking will give your teen the financial freedom and confidence they need to succeed!
- Free debit card
- Online and Mobile Banking
- Direct Deposit and instant transfers from other MFCU accounts
- Parental oversight
- Free teen financial literacy tools
- Early ACH service to make payday up to one day early
- High dividends paid on account balances
Who’s eligible?
See credit union for complete details. Membership in Magnolia FCU required to obtain Teen Account. Teen Accounts are available for members aged 13-17. Everything E Teen Checking accounts are available upon request of both the member and a Responsible Individual. Teen Accounts will be automatically converted to a General Membership on the member’s 18th birthday. Everything Teen Checking will be automatically converted to an Everything E Checking Account on the member’s 18th birthday. There is a limit of one Everything Teen Checking per member. The Responsible Individual for Minor and Teen Accounts must meet all eligibility requirements for Magnolia Federal Credit Union account ownership at the time the Teen Account is opened. Responsible individuals can be removed upon request of the primary member on/after the member’s 18th birthday as described in Our Account Type Automatic Conversion Acknowledgement. All applicable fees for the General Membership will apply to converted Teen Account and Everything E Teen Checking as described in Our Rate & Service Charges.
