Youth Share AccountsMaui FCU is ready to partner with you as you start your child’s financial journey. Our Youth Share Accounts are designed to grow as your child grows, encouraging them to save money and learn how to make good financial decisions now and in the future. |
Nurturing Smart SaversTeaching our kids, the value of saving money is essential for their financial futures. It's never too early or too late to encourage good savings habits that will allow your child to make smart financial choices as they grow. When it comes to helping children understand the value of money and the responsibilities that go with it, the earlier, the better. No matter what your personal financial situation is like, it's important to help your kids understand from a young age how important making smart financial decisions can be. Even with a small amount of money, experiencing interest rates and the growth of money over time is an important lesson for children of all ages. By helping your child to set aside portions of cash gifts and allowances, you can grow their savings and promote economic education. |
Features
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Account Details & Options
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Accounts for our Youngest Savers Under Age 13 |
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Accounts for our Teens Ages 13 – 17 |
*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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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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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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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
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. |
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.
Account Benefits
When you choose a Maui FCU Share Draft Account, you’ll get easy‑to‑use benefits that simplify your banking life.
All Maui Federal Credit Union Accounts Feature: |
Ready to get started or join the Maui FCU Family?
Higher Education Scholarship ProgramMembers of Maui FCU who will be pursuing higher education have an opportunity to apply to our scholarship program. |