You’re in control with YOUR Youth Account.
Products and Services
You are always on the go and want reliable products and services that are easily accessible. Steel Centre Credit Union has a full range of financial products and services to meet your needs including:
- Chequing and savings accounts
- Loans and lines of credit
- Debit and credit cards*
- Online, mobile and telephone banking
- In-branch service
- Direct deposits
- Pre-authorized payments
- Access to credit union network ATMs surcharge free (EXCHANGE® and AccuLink®)
- Access to Interac®, Cirrus® and PLUS® networks
- Credit union advisors to provide you wise financial guidance
Did you know…
In addition to credit union ATMs you can use your credit union debit card ding free at HSBC and National Bank ATMs. If you can’t find a ding free ATM you can often ask for cash back when paying for a purchase through direct debit. This allows you to avoid extra service charges from other financial institutions’ ATMs.
Savings
There are goals you want to reach and achieving many of them require saving money. We have a variety of options to help you save including:
- Flexible savings accounts with no minimum deposit
- Tax Free Savings Accounts (TFSAs)
- Retirement Savings Plans (RRSPs)
- Pre-authorized deposits
Did you know…
By starting to save earlier you can actually contribute less money over a shorter period of time and end up with more savings than if you wait until you are older. We can explain how - it’s called compounding interest.
YOUR Youth Accounts
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18 years & under
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19 – 24 years
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Monthly Fees
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No fee
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$3.00 per month
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Account Features
Deposits
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Unlimited
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Unlimited
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Withdrawals
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Unlimited
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Unlimited
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ATM Withdrawals
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Unlimited
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Unlimited
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Pre-Authorized Debits
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Unlimited
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Unlimited
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Direct Deposits
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Unlimited
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Unlimited
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Direct Payment
Purchases
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Unlimited
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Unlimited
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Online Bill Payment
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Unlimited
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Unlimited
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Online Banking
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Unlimited
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Unlimited
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Telephone Banking
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Unlimited
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Unlimited
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Cheque Withdrawals
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Unlimited
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Unlimited
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In-Branch Bill Payments
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Unlimited
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Unlimited
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MasterCard® Debits
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Unlimited
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Unlimited
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Account Statements
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Free
E-Statements
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Free
E-Statements
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Debit / Credit Card
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Debit Card
GLOBAL PAYMENT™ MasterCard®*
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Debit Card
Student MasterCard®
(no fee)
GLOBAL PAYMENT™ MasterCard®*
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Other
Free Interc withdrawls outside of EXCHANGE and Acculink networks
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Unlimited |
Unlimited |
Loans
Life can be expensive and sometimes you need access to additional funds for things such as tuition fees and car loans. Smart borrowing makes sense and we have the products to help. Our borrowing options include:
- Personal Loans
- Student Loans
- Lines of Credit
- Scholarships and Bursaries
- MasterCard® Credit Cards
Did you know…
Building good credit is easy to do - pay attention to your expenses and pay all your bills on time. You don’t need to pay the entire balance each month, but make at least the minimum payment promptly. You will appreciate having a good credit rating down the road. It is always good practice to pay more than the monthly minimum in order to reduce interest charges.
* Minimum age required, otherwise may be available with parental consent.
** Must be 18 years or older
† Does not include surcharges from other institutions.
® EXCHANGE is a registered trademark owned by FICANEX® and is used under license.
® AccuLink is a registered trademark owned by Credit Union Central of Canada and is used under license.
® Interac is a registered trademark owned by Interac Inc. and is used under license.
® MasterCard is a registered trademark owned by MasterCard International Inc. and is used under license.
® PLUS is a registered trademark of Visa International and used under license.
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