The Pipeline
The Pipeline Marketing Assets
Parameters
- Base account that establishes membership and represents a member’s partial ownership interest in the Credit Union.
- Open to all members ages 13-17.
- Portico suffix — 06
- $5 par share
- $1 membership fee
- Must be opened in the name of the minor with or without a parent or guardian of legal age as a joint owner of the account.
- Minor Checking Accounts
- 16+ with or without a joint owner (does not have to have Pipeline account).
- Ages 13-15, they must have a parent or legal guardian as joint owner.
- Current Long John Saver members receive a letter before their 13th birthday informing them their kids club account will convert to a Pipeline account upon eligibility. If they do not wish to have a teen club account and would prefer a regular share account, they will be asked to contact the Credit Union. Otherwise, we will convert the account on their birthday.
- Policy — Teen Club Share Accounts | 02012016
Features
- Accounts permitted all Credit Union services as permitted by law and/or policy, including the right to vote at meetings of the members.
- Complimentary $1,000 Trustage AD&D Insurance coverage.
- No monthly service fee — as long as the account is not dormant.
- Shares are federally insured by NCUA to at least $250,000.
Benefits
- Elements of Money, a financial information and content website for teens
- Youth Share Certificates — available only to LJS and Pipeline members
- Beach Municipal FCU Education Scholarship, additional scholarship resources
- Sallie Mae Student Loans
- Take Charge Secured Credit Card
- Financial education that matters
- Sample messaging: Handling a checking account is a lot like driving. Can you imagine trying to operate a vehicle without knowing how one works? What if you had no idea how to steer and no clue how to stop? Things could get bad, and fast. Checking accounts, debit cards and mobile apps are no different — if you don’t know what you’re doing, you can easily wreck your finances for many, many years to come. Before you find yourself stranded, take a few minutes to educate yourself on the dos and don'ts of checking.
Cross Sell
- Talking Points — Our Pipeline program is designed to help teens prepare themselves for adulthood. Through education, contests and other activities, teens are offered the financial decision-making tools they need to achieve financial independence.
- Opportunity Box Code/Name — PIPELN| Pipeline Account
- Referrals — assign to Member Services at applicable branch
Contact Manager
- N/A
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