Long John Saver Kids Club
Long John Saver M
arketing Assets
Parameters
- Base account that establishes membership and represents a member’s partial ownership interest in the Credit Union.
- Open to all members age 12 and younger.
- Portico suffix — 05
- $5 par share
- $1 membership fee is waived.
- Not subject to dormant fees.
- 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.
- Policy — Kids Club Share Accounts | 02012016
Features
- 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
- Accounts are limited to:
- Debit Cards
- Holiday and Vacation Share Savings Accounts
- Money Market Savings Accounts
- Term Share Certificates
- Audio Response
- Home Banking
- IRAs, as permitted by law
- or as otherwise approved by management
- LJS Kids Club Accounts may not have and are not eligible for the following:
- Checking Accounts
- Loans
- Credit Cards
- Overdraft Protection
- May not be used as collateral for a loan
Benefits
- Membership Kit Given At Account Opening
- Quarterly eNewsletters sent to all LJS members; also available on our website
- M3 Money Club for Kids, a fun financial education website
- Youth Share Certificates — available only to LJS and Pipeline members
- Treasure Chest — invite them to grab a prize each time they visit
Cross Sell
- Talking Points — Our LJS program is designed to help parents teach their children about money. Our goal is to give kids the tools they need to learn the basics of saving and spending money.
- Opportunity Box Code/Name — LJS | Long John Savers Account
- Referrals — assign to Member Services at applicable branch
Contact Manager
- N/A
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