The following links provide financial education and fun games. Check them out!

Benefits of Teen$ense

  • Teen Savings Account
  • Teen Investment Certificates
  • Online Home Banking
  • Quarterly Newsletter

Teen Share Certificate of Deposit

  • Minimum Deposit of $100
  • Terms from 6 months to 3 years
  • Visit our Rates page for current rates
  • Early withdrawal penalty

Private Student Loan offer
Click for details

Try out a new kind of Soccer Game!

Saving Your Money

When setting up a savings plan, it's a good idea to think about more than just how much money you'll need in the future. You should also be looking at ways your money can earn more money for you.

Credit unions offer interest on savings accounts. In exchange for opening an account and giving the credit union your money, the credit union agrees to increase your money by a certain percentage every year. By depositing money in your account you can guarantee that over time you'll make more money, and you won't have to do a bit of work for it.

For example, if you were to take $100 and put it in an account that offers 4% interest, by the end of the year the credit union will have given you four dollars. So, without doing anything, your savings has grown to $104.

Best of all, it's risk free. The federal government guarantees your deposits.


 

Please email teensense@ugefcu.net with questions, ideas or comments.