Kid’s Cash Club Savings Account
Energy One is also here to serve the families of our members. The children and grandchildren of current members are eligible for membership. Members under the age of 15 belong to the Kid’s Cash Club. Their accounts may be opened with as little as $5 and they earn dividends on balances of at least $25. They receive a birthday card and special gift every year! Also, for every deposit of at least $5 into their account, they are automatically entered into quarterly cash drawings! Contests throughout the year provide additional chances to win funds for their savings accounts. This account shows kids the importance of saving money and makes them feel good to have something of their own!
Kid’s Cash Club
Ages 14 and younger
- $5 minimum opening deposit per member
- $25 minimum daily balance to earn dividends
- Dividends compounded quarterly
- Quarterly drawings for cash prizes
- Annual birthday gifts
E1 Student Checking
Energy One values the relationship we have with our young adult members, and we enjoy helping them build a strong financial base. With their parent or guardian’s permission, members aged 15 to 17 may open a checking account. The parent or guardian must be a signer on the account until the member is 18, so this is the perfect time to teach teens how to use a checking account properly. This account can be used to the age of 25 as long as the member is a student, and can include an ATM or debit card, upon application and approval.
For students aged 15 to 24
- $50 minimum to open
- No minimum balance
- No service charge
- Unlimited check writing
- Free starter kit of checks
- Free online bank
- No monthly fee for Pay It!*
- ATM and Visa debit card available, now including premium and custom
*There is a $5.95 non use fee when payment is not processed every 60 days.
Students have the opportunity to build good credit, even before they turn 18. Energy One will make loans to students who have a cosigner over the age of 18. Auto loans and education loans are great for building credit and responsibility! Contact a loan officer to discuss loan options for members under the age of 18.