Minors Accounts
Encouraging children from an early age to save and get the saving habit can help them to take control of their finances in the future. IT IS NEVER TOO EARLY to start saving for your child’s future.
How to open a Minor Deposit Account
You will need a birth certificate or medical card and the parent/guardian will need to show proof of address.
If the minor is 7 or over they will also need to sign the application form.
Hannahstown Credit Union also visits St Oliver Plunkett School on a weekly basis and children are encouraged to deposit money this way.
Maximum amount children can deposit is £10,000. Minors can earn interest on their savings each year.
