Your Family's Financial Future With PeoplesChoice Credit Union
Our three-step BOOST program provides specialized products and resources to support our younger members in preparing for a more secure financial future.
Ages 5-11
BOOST Savings
3% Dividend Rate up to $2,500
This high yield savings account offers a 3% dividend rate up to a $2,500 balance. Balances above $2,500 will earn our standard share rate. The relatively high savings account rate should allow for real conversations about the power of saving and compound interest.
*Anyone under 18 can have a BOOST Savings account. The age range of 5-11 are to participate in the BOOST Savings Program.*
The Perks:
- Upon account opening, we’ll give your child a PCU water bottle and deposit the initial $5 required for membership!
- If your child completes our BOOST Savings educational challenges, we’ll add $25 to their account! (Located on our participant page)
- If your child makes at least one deposit/transfer during the month, they will be entered into our monthly Savers raffle, where they can win fun prizes!
- Each year, we award a $250 grand prize to our PCU BOOST Savings Member of the Year. This is awarded at our annual meeting. Anyone with a BOOST Savings account as of 12/31 who qualified for at least two monthly raffles during the year will be entered to win.
Ages 12-15
BOOST Checking & Digital Banking
Packed with effective learning tools.
The BOOST Checking and Digital Banking account will allow younger members to learn how to spend wisely, develop good debit card behavior, save money and monitor their balances with our digital banking app. PeoplesChoice Credit Union’s online banking will give BOOST participants instant connectivity to their account anytime, anywhere.
The Perks:
- Upon account opening, we’ll add $25 to your child’s BOOST Checking account.
- If your child completes our BOOST Checking educational challenges, we’ll add $50 to their account! (Located on our Participant page)
- If your child is an active digital banking user and qualified for the $50 account funding, they will be entered into our monthly raffle, where they can win fun prizes!
- Each year, we award a $500 grand prize to our PCU BOOST Checking Member of the Year. This is awarded at our annual meeting. Anyone with a BOOST Checking account as of 12/31 who qualified for at least two monthly raffles during the year will be entered to win.
Ages 16-18
BOOST Credit
No fees. $1,000 limit.
9.9% APR*. Approval based on parent’s credit.
The BOOST credit card for members 16-18 was created to prepare your teen for a healthy relationship to building credit. The goal of the program is to have each participant leave the program with an excellent credit score by the time they are 18.
*Annual Percentage Rate
The Perks:
- Once your teen opens their new BOOST Credit Card, we will give them 5,000 reward points!
- If your teen completes the BOOST credit challenge, loads their card into a digital wallet and demonstrates good credit (740+) by their 19th birthday, they will be entered to win the PCU Credit BOOST contest! They could win $2,000 and the title of BOOST Credit Member of the Year. This is awarded at our annual meeting.