Member Eligibility
- All children who live on Maui are able to open an account as long as a parent or guardian are on the account.
- Must have a parent, legal guardian or grandparent as a joint owner* on the account.
*If the joint owner is someone other than a parent or legal guardian, a permission form must be provided and signed by parent or legal guardian.
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Sprout Accounts
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The future comes all too quickly! By introducing your child to financial matters early, you will help them understand the concept of money and how it works.
Account Details
- Account Opening Minimum: $26.00
- $1.00 One-Time Membership Fee
- $25.00 Minimum Balance to Open
Maui FCU will pay for opening fees of $26.00 for children who open an account at 0-6 months.
At account opening, new sprout members will receive:
- Laminated Membership Card
- Maui FCU Gift
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Required Documents
Youth Member
- Original Social Security Card
- Any Government Issued ID (Drivers Permit, State ID) – If Applicable
Joint Owner(s)
- Valid Driver’s License, State ID or US Passport
- Proof of Address
See Member Eligibility
Youth Perks
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iThrive Accounts
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As the kids grow older, this account will be set for them the rest of their lives. This will prepare them for the future such as going to college or buying their first car.
Account Details
- Account Opening Minimum: $26.00
- $1.00 One-Time Membership Fee
- $25.00 Minimum Balance to Open
At account opening, new iThrive members will receive:
- Laminated Membership Card
- Maui FCU Gift or a gift card from Target, Starbucks or Jamba Juice
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Required Documents
Youth Member
- Original Social Security Card
- Any Government Issued ID (Passport) – If Applicable
Joint Owner(s)
- Valid Driver’s License, State ID or US Passport
- Proof of Address
See Member Eligibility
Youth Perks
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Youth Share Certificates
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For Youth Share Certificates, the certificate minimum* is $250 whereas the adults’ minimum is $1000.
*Both Sprout and iThrive Accounts have that minimum.
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Youth Perks
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Some of the best grown-up savers are people who started early and developed the habit steadily over time. Kids who save learn about patience, responsibility and setting goals—not to mention the basics of personal finance.
Whether the goal is a new bike, summer camp or even college, a share account puts kids on the path to prosperity and it’s never too young to start powerful savings habits. At Maui FCU, we like to reward them for their achievements, celebrate birthdays, and for being part of the family.
Rewards
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Youth Report Card Rewards Program
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Maui FCU is taking steps to ensure that being a youth member is more rewarding than ever before. Maui FCU believes in investing in the future of Maui FCU keiki members, and will reward hard work and excellence in school not only through the scholarship program, but also with Youth Report Card Rewards. All youth members, grades K-12 with Sprout or iThrive Accounts, will be eligible to have money deposited into his or her share account for receiving a great report card!
Program Details
- Every quarter, students may earn $1.00 for every “A” letter grade on their report card up to $5.00 cash.
- Students who earn straight A’s on their report card will be entered into a special drawing each quarter for $25.00 cash.
- Report Cards will be accepted for the most recent grading period only. The report card must be received by Maui FCU within 1 month of the report card date. Progress reports are not eligible.
- Students may submit a copy of their report card by visiting the main Maui FCU branch at 107 East Wakea Avenue. Be sure to include your name, account number, and address on your report card when submitting a copy to the credit union.
Certain restrictions may apply1
1Membership required. Students submitting report cards must have a Sprout or iThive account. Members may earn $1.00 for every “A” letter grade on a report card up to $5.00. Report card rewards can only be redeemed in person at the main Maui FCU branch during normal business hours. Report Cards will be accepted for the most recent grading period only. Progress reports not eligible. Maui FCU will accept report cards issued by public or private schools. Home-schooled students must present a copy of their report card submitted to a Board of Education. Rewards will be deposited into the member’s share account within two business days. Other restrictions may apply. This program may be discontinued at any time without prior notice.
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Generally, if a member has more than one account of the same ownership, those accounts are added together and insured in the aggregate. There are exceptions though. You may obtain additional separate coverage on multiple accounts, but only if you have different ownership interests or rights in different types of accounts and you properly complete account forms and applications. Visit https://www.mycreditunion.gov for more information.
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