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Teens Connect

Minor Share Deposit (Savings Account)

For members under 18

Parent or Guardian opens savings account in child’s name.

  • Parent or Guardian is joint on the account.
  • $1 deposit into account when opened.
  • Documentation needed to open account:
    • Parent must be eligible for membership- If Parent or Guardian does not have an account, a copy of the drivers license & social security card (or two valid picture IDs) is needed to open the account.
    • Need child’s social security card for savings account.
    • If a person other than the parent or legal guardian, like grand-parent is opening the account, a letter from legal guardian as authorization is needed.
  • Earns dividends paid quarterly, according to the rates.

Share Draft (Checking Account)

For members with Texas Identification Card/Drivers License (15-16+)

This account offers:

  • Student as primary checking account holder.
  • Parent or Guardian as secondary on account and ultimately responsible.
  • $25 deposit in checking account when opened.

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