Youth Accounts

MCU's Young People's accounts are the way to give your favorite young people a lesson and a leg up on their financial future. Smart Apple Savers Accounts (ages birth up to 12 years) and Future Investors (13 years up to 21 years) earn excellent dividends and teach the basics of thrift and the value of savings and it only takes $10.00 to get one started. Smart Apple Savers accounts are custodial accounts so the child is not allowed to conduct withdrawals. Future Investors accounts are convenience accounts which give the parent or guardian the ability to allow or restrict access to the account via ATM or Teller transactions for a child under eighteen.

Opening an account is simple. Just stop by any of our branches or call 1-888-GROW-MCU.

Copyright 2009 Municipal Credit Union

Privacy Policy

This web site, www.nymcu.org, is the only authorized web site of Municipal Credit Union of New York City, New York.

Your savings federally insured to at least $250,000 and backed
by the full faith and credit of the United States Government.
National Credit Union Administration, a U.S. Government Agency*

*The increase from $100,000 to $250,000 will remain in effect, unless extended further by federal authorities, until 12/31/13.

Municipal Credit Union is an equal housing lender.