Cha-Ching! Teen Checking Account

It's time to trust them to handle their own money.

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The teenager in your family is growing up fast. They probably want more privacy, a later curfew, maybe even the keys to the car.

But with more independence comes greater responsibility. Your young adult can take a big step toward becoming a smarter grown-up by opening a checking account specially designed to teach lifelong money management skills.

Features and Benefits

Cha-Ching Teen Checking is designed exclusively for our members ages 13 to 17
Cha-Ching Teen Savings account also available
Get $2 for each "A" grade earned on your report card¹
Teens receive their own free Visa^® debit card²
No monthly fees
Free access to Online Banking and our Mobile App
Free online Bill Pay³ and eDeposit of checks

Parental Controls

Parent can set limits on debit card
Parent can set up automatic transfers from his/her account to the Cha-Ching account

How to Open a Cha-Ching Account

Visit any PFCU branch with a parent/guardian
Request to open a Cha-Ching account
Teen needs to show a primary and secondary form of ID
- Primary ID examples: passport, birth certificate or alien registration card
- Secondary ID examples: Social Security card or school photo ID
Parent/Guardian serves as joint account holder and will also needs two forms of ID

Going to College

Buying a car

Getting married

Retiring

Funding Your Next Project

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Resources

¹New accounts must be open for 90 days to qualify. Member must be enrolled in grades 1–12 with report card reflecting the most current quarter of the current school year. Bonus will be deposited in the member Rocky Raccoon Savings or Cha-Ching Checking Account. Submission of report card may be brought in to a Power Financial Credit Union branch or emailed to [email protected].

²Debit card requires signature of adult co-signer.

³There is a $4.95 fee if SecureLink Bill Pay is not used to pay at least one bill each month

Power Financial Credit Union serves members across South Florida with 7 full-service branches and offers convenient account access from anywhere using its secure Online Banking and highly-rated Mobile App.