Youth Savings Account

Start off Right

Young people have time on their side with money management.

Our youth savings accounts are designed to get started well, for a lifetime of financial confidence.

YOUTH SAVINGS ACCOUNTS

Fat Cat® Account

For children up to 12 years old, the Fat Cat account is an excellent way to help kids see the value of saving.


Features

  • Bonus interest rate, higher than a regular Plan 24 rate
  • No minimum balance required
  • Interest is calculated daily and paid monthly
  • Unlimited free transactions – no fee in-branch debits and credits
  • ding free® Canadian credit union ATM transactions
  • Free bank/other/USA/International ATM transactions
  • Fusion contributes $5.00 towards the member share when the account is opened. (This becomes yours after the account has been open for 1 year.)
  • Entitled to purchase Term Deposits, minimum balance $500
Headstart® 24 Saving
For young people from 13 to 18, the Headstart 24 savings account is an easy and exciting way for youth to get a head start on managing money efficiently.

Features

  • Bonus interest rate, higher than a regular Plan 24 rate
  • No minimum balance required
  • Interest is calculated daily and paid monthly
  • Unlimited free transactions – no fee in-branch debits and credits
  • ding free® Canadian credit union ATM transactions

  • Free bank/other/USA/International ATM transactions
  • Fusion contributes $5.00 towards the member share when the account is opened. (This becomes yours after the account has been open for 1 year.)
  • Entitled to purchase Term Deposits, minimum balance $500
Campus Plan 24

For students 19 – 24, the campus plan keeps banking costs lower, so students can invest in their education.


Features

  • Bonus interest rate, higher than a regular Plan 24 rate
  • No minimum balance required
  • Interest is calculated daily and paid monthly
  • Unlimited free transactions – no fee in-branch debits and credits
  • ding free® Canadian credit union ATM transactions
  • Free bank/other/USA/International ATM transactions
  • Fusion contributes $5.00 towards the member share when the account is opened. (This becomes yours after the account has been open for 1 year.)
  • Entitled to purchase Term Deposits, minimum balance $500

ACCOUNT FEES AND DETAILS

Fees


  • 5 free Interac e-Transfers per month ($1.00 after 5 free)

Service Fees

  • 5 free Interac e-Transfers per month ($1.00 after 5 free)

Service Fees

  • 5 free Interac e-Transfers per month ($1.00 after 5 free)

INVEST IN YORU CHILD'S EDUCATION WITH A RESP

Open a Registered Education Savings Plan (RESP) for your child today to help them afford their education tomorrow. Plus, the government will contribute 20% on the first $2,500.

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