Schools

School Savings Scheme

Enable your child to develop positive financial habits at an early age! A huge part of the ethos at Ballycastle Credit Union is financial education for everyone in the community and to ensure that future generations are financially educated and empowered.

Books are collected weekly from school

No minimum amount required to save

Competitions held within school

Free instant access savings account

Helps provide financial support to your school

Foster good savings habits

What is a Credit Unions Children’s Savings Account?

A Credit Union children’s savings account (Minor account) is a savings account for a member who is under the age of 16.  The account is the sole property of the minor in question and no one else is entitled to use it for his/her own benefit.

Opening a minor savings account is the most effective way to teach your kids money management and budgeting skills, as well as the value of work and reward!

Who can transact on a Children’s Savings Account?

  • Anyone can lodge money into the child’s account
  • If a child is under 7, Only the signing Parent/Guardian has authority to withdraw from the account.
  • If a child is over 7, They must be accompanied by the signing Parent/Guardian.

Download the form below

(ONLY PUPILS FROM PARTICIPATING SCHOOLS CAN APPLY USING THIS FORM)

Email schools@ballycastlecu.com and attach;

  • Completed application form
  • Parent or Guardian’s proof of address (Dated within 3 months)
  • The child’s proof of ID (Long birth Certificate or Passport)

Please include your child’s Name, School and Class in the Email.