Savings and Investments
FirstStart Savings Account
A First City FirstStart Savings Account gets young people (under age 18) in the savings habit. If they understand money, and the role of their credit union in their lives, it will be easier for them to make sound financial decisions in the future.
- A minimum initial deposit of just $5
- They can make deposits to their own account as they learn to save.
- When you set up an account with payroll deduction from a parent's or grandparent's account, it's a gift that keeps giving for many years to come.
- When the minor reaches the age of 18, the account automatically converts to a Regular Savings account - and they become eligible to apply for all of the great accounts and services available as a First City member. At that time they may want to consider transferring their funds to high yielding First City Money Market or Certificate Accounts
Application | Rates