CU Grow Program
As a parent, you want to teach your child solid saving habits now that will help them in the future.
The Co-op Credit Union CU grow Program encourages kids, teens and young adults to learn about finances first-hand through an interactive tool called “CU Grow – Youth” available in your CCU Online Banking Platform or CCU Mobile App. CU Grow allows parents to assign tasks to your young saver and financially reward them for successfully completing tasks, getting good grades and making good financial decisions by easily transferring money from your Co-op Credit Union account to theirs.
You can also lend your child money pay them an allowance and send them money through this simple tool. For every good financial decision your child makes, they’ll be awarded a trophy!
CU Grow can be used with Co-op Credit Union Savings and Checking Accounts.
What can I do with CU grow?
Account
- Your child can request money from you. You can approve or deny the request
- If your child has a checking account, you can set spending limits on their debit card
- Monitor your child’s checking account transactions and make sure they are making good financial decisions
Responsibility
- Assign and hold your child responsible for chores, tasks and small loans.
Savings
- Create and track savings goals together
- Create a budget
Teaching
- Learn about lending, interest and making payments in a fun, interactive way.
- View the educational videos and earn trophies by doing so
Ready to get started?
What is required in order for my child(ren) and me to enroll in CU grow program?
- Your child(ren) must have an active Co-op Credit Union account in good standing and be the primary owner on their account.
- You must have an active Co-op Credit Union account in good standing.
- You must be listed as a joint owner on your child’s account.
- You’re required to have online banking access. It is preferred that your child has their own online banking credentials. If you feel your child is too young to access Online Banking, parents have the ability to mark tasks complete and submit requests on their child’s behalf.
If your child does not have an account at Co-op Credit Union, you can visit one of our locations or call us to open an account.
