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For Your Information

WHY A SPROUT ACCOUNT?

It is important to establish positive money habits at a young age. By doing so, you are helping your child to build financial understanding and skills that they will carry into adulthood.

With a Sprout Account, your child can learn how to save their money, while having fun doing so. Get your child on the road to financial success by opening a Sprout Account today!

SPROUT SAVINGS ACCOUNT

Watch your savings grow! 

The account must maintain a minimum balance of $5.00, which makes your sprout a member of the credit union. 

*Note: If you wish to open a custodial account, ask us about UTMA accounts. Uniform Transfers to Minors Accounts are individual accounts created by a custodian who deposits funds as an irrevocable gift to a minor.

ACCOUNT FEATURES

COIN JAR

To celebrate their new account, sprouts will receive a coin jar to collect their money. Once the jar is full, your sprout can visit our Schwenk Drive branch to use our FREE coin machine. This is a fun way for them to watch their money grow!

FANCY MEMBERSHIP CARD

Receive a fun membership card for your sprout to bring with them when visiting the branches to make deposits.

BIRTHDAY PERK

Come visit us the week of your child's birthday, and receive a little birthday gift.

*See details tab on HOW TO OPEN

 

HOW TO OPEN:

This account can be opened at one of our branch locations. Membership is open to anyone who lives, works, worships, or attends school in Ulster County, New York. Once your child is a member, they will always be a member of Ulster FCU.

REQUIRED ITEMS:

  • A $5.00 member savings deposit
  • Proof of physical address
  • Original Birth Certificate
  • Original Social Security Card