Youth Accounts & Resources

To us, there’s no more important future to invest in than the children in our community. We have all kinds of accounts and resources to help our youngest members save big.

youthBiker

Which Youth Account Is Right for You?

cuSucceed

CU Succeed®

Accounts and products for teenagers. Everything they need to know about personal finances, while building up good credit in the process.


Fees

None


Minimum Balance

$5


 

Special Features

  • First box of checks FREE
  • Initial ATM/Check Card is Free
  • 10 FREE ATM/Check Card withdrawals a month
  • FREE Teller Phone access
  • FREE Teller Net access at pfcu.com
  • FREE Electronic Bill Payer 
  • FREE quarterly newsletter written by teens, for teens
  • Access to the interactive CU Succeed® website
  • The Annual PFCU Scholarship Program
  • For ages 13-17 (joint owner required)

Want to join CU Succeed®?

  • Visit one of our branches.
  • Call 215-934-3500 or 800-832-PFCU (outside the metropolitan area).


moolaMoola

Moola Moola Kids Club

Moola Moola and his friends are here to teach kids 12 and under the ins and outs of saving money.


Fees

None


Minimum Balance

$5


 

Moola Moola is a magical monster from the land of Lotta Loot, and is the leader of our Moola Moola Savings Club for Kids! Join him and his friends – Pennyopolp, Nickelodeo, Scratch, Two Bits and Doodadime – as they teach our youngest members the value of saving. The Moola Moola Savings Club for Kids is a savings account just for children 12 years old and under. If a $50 balance is maintained in the account, club members receive:

  • Moola Moola quarterly newsletter
  • Dividends

Watch for Moola Moola at our branches, festivals, parades and other events throughout our community.

Want to join the Moola Moola Kids Club?

  • Visit one of our branches.
  • Call 215-934-3500 or 800-832-PFCU (outside the metropolitan area).




custodial

Custodial/PAUTMA Accounts

Saving big for someone little? Manage and oversee their savings and have something special to give them when they’re legally eligible.


Fees

None


Minimum Balance

$5


 

Features

  • The Custodian is the only person permitted to transact business on the account. He or she is responsible for transferring funds to the minor when the minor reaches age 21.
  • A successor custodian can be named by the Custodian at any time. 
  • The minor’s Social Security number is reported to the Internal Revenue Service. Tax advice should be secured from the IRS by the Custodian prior to opening this account.
  • Dividends on UTMA accounts are considered income to the minor for federal income tax purposes.

Open a Custodial/ Pautma Account





Restrictions on Those Under 13 Years of Age Due to the "Children's Online Privacy Protection Act," Philadelphia Federal Credit Union’s policy is such that a child under 13 years of age is not permitted to open a personal account online or create/use an Online Banking account. Persons over 13 may open an account with an adult by mail or through a branch location. For more information on Children's Online Privacy Protection Act (COPPA) Visit the FTC's COPPA website