Our Starfish Savers Club provides children with a savings account, plus gives children initiative to save extra money. In addition to savings, for every deposit into their Starfish Saver’s Club account, your children will earn a Starfish stamp, which can be redeemed at the credit union for cool prizes. Children under the age of 12 can learn to save money with a minimum deposit of $5.

Smiley says

Saving with Smiley is fun and easy. Parents or guardians can help kids open their account with a small deposit.

Plus, kids get lots of cool stuff including:

• A Starfish Savers Coin Bank
• A Saving is Fun passbook to record deposits
• Special star stamp for each deposit made
• Chance to fish for “starific” prizes
• Dividends earned on savings

Whether saving for a bike, a toy, or a DVD, our Starfish Savers will learn about the value of money.

Some important items to note:

• The child must have their own Social Security number when the account is opened. (A copy of the card will be accepted if a single parent, grandparent, or guardian doesn’t have the child’s actual card.)
• A parent, grandparent, or guardian must be a joint owner on the account.

Each member’s account is insured to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the Federal Government. All Individual Retirement Accounts are separately insured to $250,000 by the NCUA.