Smart money habits start early with a JV Savings Account.
Looking for a way to invest in your child’s future?
Consider opening a JV Savings Account1 with Calcasieu Teachers & Employees Credit Union. This account is based on the Uniform Transfer to Minors Act (UTMA), also known as a custodial account. As the account holder, you will have full control of the account until the child becomes an adult.
Additional benefits of a JV Savings Account include:
- Free online and mobile banking access 24/7
- Dividends earned quarterly on your average daily balance2
- Quarterly statements
Invest in your child's future and teach them the power of savings with a JV Savings Account. Contact us today to setup an account and begin saving.
We are committed to helping our members take hold of their financial wellbeing.
A Varsity Account helps young people build a foundation of financial excellence by providing access to free checking and savings accounts, online and mobile banking tools, and more. This empowers them to manage their money effectively and set themselves up for success in their personal and professional lives.
Basic Checking Account
Choose joy with our Basic Checking account – a hassle-free and convenient way to manage your money. With no monthly fees or minimum balance requirements, you can use your account in a way that brings you joy and financial freedom.
Save and grow your money with a Prime Share Savings Account from Calcasieu Teachers and Employees Credit Union. Low minimum balance, free online and mobile banking, and the opportunity to earn dividends. Plus, direct deposit options available. Start saving today!
Our online banking platform offers a range of features, including fund transfers, bill payments, e-statements, and debit card security. With 24/7 access, banking is easy and hassle-free.
1. An initial deposit of $5 is required to maintain the minor’s membership in the credit union. All members must maintain a $5 balance in their savings account to remain a member and demonstrate regular activity in their account to keep it open. Dormancy fees may apply after no activity for two (2) years. Minor Savings is a LA UTMA account where a guardian (or custodian) maintains full control of the account until the child turns 18 at which point the guardian must give the child control of the funds in the account.
2. You must maintain a minimum $200 balance in order to earn dividends.