The Ultimate Guide to a Teen Current Account at First South Credit Union
17 April, 2023As a young person, managing your finances can be a daunting task, especially when you’re trying to save money for the future. This is where a Current Account at First South Credit Union comes in handy. In this ultimate guide, we will provide you with all the information you need to know about Current Accounts at First South Credit Union.
A Current Account is a type of bank account available to anyone aged 15 and over. It’s a great way for young people to learn about financial responsibility. First South Credit Union offers a Current Account that comes with several benefits.
Benefits:
One of the main benefits of a Teen Current Account is that it teaches young people how to manage their finances and budget their money.
Another benefit of a Teen Current Account at First South Credit Union is that it comes with a debit card. The debit card allows young people to make purchases and withdraw money from ATMs. It’s a great way to teach young people how to use a debit card responsibly.
Eligibility:
To be eligible for a Teen Current Account at First South Credit Union, you must have reached the age of 15.
You must also be living or going to school within the common bond of First South Credit Union.
If you study in any of the below schools you qualify for an account.
- Christ King Girls Secondary School
- Coláiste Chríost Rí
- Coláiste Eamann Rís
- Presentation Ballyphehane
- Kinsale Community School
- St Patrick’s College
- Coláiste Daibhéid
- Ashton School
Account features and fees:
The Teen Current Account at First South Credit Union comes with several features, including a debit card, online banking, and mobile banking. There are no monthly fees or transaction fees for the account.
How to sign up:
Setting up a Current Account at First South Credit Union is a simple process. You can visit any branch and fill out an application or you can apply online. You will need to provide identification and proof of address*. Once the account is set up, you will receive your own debit card in the mail.
*If you are under 18 and do not have proof of address in your own name, we will accept something in your parents name. In this instance, your parent will be required to complete a form.
Educational resources for young account holders:
First South Credit Union offers several educational resources for young account holders. We offer financial literacy classes and workshops in local schools, that teach young people about budgeting and saving.
A Teen Current Account at First South Credit Union is a great way to learn about financial responsibility.
If you’re interested in opening a Current Account, visit your local First South Credit Union branch today.
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