Gulf Coast Educators Federal Credit Union MEMBERSHIP LOANS ACCOUNTS RESOURCES INSURANCE Refer a Friend Open An Account Online Banking Login Youth Accounts Home » Youth Accounts Financial Independence Starts Here Good saving habits start early and last a lifetime. To help with that, we have three youth accounts - Our Sandy Saver Account for ages 12 and younger, our Student Checking Account for ages 13 - 17 years old, and our College Saver Certificate for anyone 17 years old or younger. YOUTH SAVINGS ACCOUNTS FOR CHILDREN AND TEENS Student Checking (Ages 13-17) Sandy Savers (Ages 0-12) College Saver Certificate (Ages 0-17) Student Checking Financial Independence Starts Here Our Student Checking Account is just for members 13 – 17 years old. It gives your teen the chance to gain financial independence and learn all about how to spend and save money the smart way. With their own debit card and access to online banking, they can experience how budgeting works and become a financially savvy adult. Open a Student Checking Account with these smart features: Members ages 13 – 17 can open a Student Checking Account with their parent or guardian listed as a joint owner. They will receive their own debit card that they can use in stores, online, or anywhere else that displays the VISA logo. It’s free – There are no hidden fees or charges you need to worry about. Having a Student Checking Account makes your teen eligible to apply for a GCEFCU scholarship. Online Banking – They can keep track of their saving and spending online from their computer or phone. When they turn 18, they are eligible to apply for a GCEFCU credit card so that they can start building their credit early. Teens can follow us on social media by liking our Facebook, Twitter, or Instagram page. Easy access to your teen’s account With you listed as a joint owner, you have easy access to your teen’s account so that you can monitor their spending. You can also easily transfer money into their account using online banking from your mobile phone or computer. Open a Student Checking Account Terms & Conditions Terms & Conditions Youth Savings Accounts: Must be opened by a parent or legal guardian. Parent or guardian must be listed as a joint owner on the account. Student Checking Account:Must be between ages 13 – 17 to qualify for a Student Checking Account. Parent or guardian must be listed as a joint owner on the account. Velocity limits: $250 cash, $500 debit, $500 credit. Once the member turns 18 they may request that their account be changed to a regular checking account with regular velocity limits. In order to apply for a GCEFCU credit card once the member turns 18, they must submit a credit card application and meet minimum credit check standards and/or have a parental co-signer. College Saver Certificate: When your 12-month College Saver Term Share Certificate matures after your 18th birthday, the certificate will convert to a regular 12-month Term Share Certificate, or if the balance is less than $1,000, the balance will be deposited to a Share Account. The new account will be subject to all terms and conditions of the applicable Share or regular Term Share Accounts. Deposits to the 12-month College Saver Term Share Certificate can be made at any time in the amount of $50 or more. Deposits will not affect the maturity date and dividend rate. Penalty for early withdrawal may be imposed. Child must be a primary account holder to open a College Saver Term Share. Rates & Disclosures Quick Links Become a member-owner Refer a Friend Account Agreement Account Access Membership Benefits Patriot Act Privacy Statement Financials Contact Us Locations & Hours Fee Schedule Help Accessibility Sitemap Disclaimer Espanol Routing No. 313087286 NMLS# 403220 Federally insured by the NCUA up to $250,000. © Gulf Coast Educators Federal Credit Union Credit Union Web Design by Big Splash Web Design & Marketing