Financial Wellness Begins Early
A Limited-Time Offer from Health Advantage Credit Union
Strong financial habits don’t happen by accident—they’re taught, modeled, and practiced over time. That’s why we’re inviting our Health Advantge parents and grandparents to take the first step with the children in their lives.
Refer your child or grandchild to open a youth savings account, and you’ll both receive $55*. It’s more than a bonus—it’s a head start.
Why It Matters
Financial literacy begins earlier than most people think. In fact:
- Studies show that children begin forming money habits by age 7.
- Talking about saving and budgeting at home leads to better decision-making as teens and adults.
- Children who manage their own accounts are more confident and financially prepared as they grow.
Opening a youth account gives young members a safe, guided way to learn about saving, goal-setting, and smart spending—all under the guidance of someone they trust.
Invest in Their Future
Whether it’s their first deposit from allowance or a place to save birthday money, this account becomes their introduction to a lifetime of smart financial choices.
Growing with Your Child: More Ways to Save and Learn
We offer a full suite of youth-focused financial tools to grow alongside your child’s needs and goals:
- Teen Spending Account
- Perfect for teens ready to manage their own money, this account includes debit access and checking with no monthly fees—ideal for building real-world experience and responsibility.
- Youth Certificates of Deposit
- Teach the value of saving long-term with a youth-friendly CD option. It’s a great way to introduce goal-based saving and grow their funds safely.
- Coverdell Education Savings Account (ESA)
- Start planning for future education costs with tax-advantaged savings that can be used for qualified expenses—K–12 and beyond.
These accounts are available to support every step of your child’s financial journey.
*Existing members (“existing member”) can refer their child or grandchild (“referred minor”) that is not a member at Health Advantage Federal Credit Union (“HAFCU”) to open a new membership. An existing member is defined as a parent, grandparent or legal guardian that is a member at HAFCU that has been in good standing for at least 30 days with HAFCU at the time of referral. Referred minor must have never had a relationship with HAFCU, qualify for membership and be under the age of 18. Referred minor or existing member must present the code (YOUTH55) in person or online at account opening with the existing member’s name that referred them. An adult parent, legal guardian or grandparent (18 years or older) must be a joint owner on the referred minor’s account. The referred minor and existing member will each receive $55 in their Primary Savings account within 30 to 45 calendar days of the referred minor meeting qualifications. If an account associated with the referral program is closed before this time or an account is not in good standing, the referral promotion amount will not be credited. Up to $275 can be earned per promotional period per existing member. HAFCU reserves the right to revoke referral program privileges at any time. Limit one per referral. Other restrictions may apply. Referral program available for a limited time only and is subject to change at any time without notice. Referral promotion amount may be taxable and reported as dividends on an IRS Form. Call the credit union for full details at 989-791-7070 ext. 3503.
