Build generational wealth for your child and guarantee a financial head start in the future with a BECU Youth Builder Account.
This savings plan is catered to young people between the ages of 1-17 years old, with shares being transferred to them upon their 18th birthday. Your child will have the opportunity to learn more about saving and become financially literate.
Start today and help them achieve their dreams of university, entrepreneurship, or security on loans in the future.
Youth Builder Features
- Minimum deposit $150TT to start-up – per child
- Minimum mandatory monthly contribution $50TT – via ACH transfer, standing order, etc.
- Interest rate 2% – Calculated daily, paid monthly.
- Can be used as collateral on loans related to the child named on the account – Medical, Back to School, Education.
- Withdrawal penalty – 1% of the value being withdrawn or $100TT (whichever is greater). Withdrawals are limited to emergency requests only and subject to management approval.
Start your Youth Builder Today!
Don’t miss this opportunity to guarantee a solid financial foundation for your child. Connect with us, our Member Service Reps are ready and willing to assist.
Signing up is easy:
- Complete BECU member application form for parent/guardian/sponsor & the child (if not an existing BECU member)
- Passport/Birth certificate of the child
- Photo Identification the parent/guardian/sponsor
- Start-up $150TT
- First monthly contribution (no less than $50TT)
Click the link below for the BECU Member Application form/Youth Builder form
Membership Form Youth Builder Application Form
Contact: service@becuonline.com for more info or to set up your Youth Builder Account today!
