YOUTH
BANKING

YOUTH BANKING

Choose the account that’s right for you

FAT CAT

HEAD START

Fat Cat

Financial responsibility can be acquired at any age. Just like learning to ride a bike, children can acquire the skills of handling money through their own NLCU account. That is why we are proud to offer the Fat Cat account.

The Fat Cat account is a special savings account designed for children up to age 12 to help teach money management or to save towards an education. Open a Fat Cat account for someone you know and help teach them the power of saving. They can never be too young to start.

As a bonus, NLCU celebrates our Fat Cat account holders’ birthdays. We send a fun birthday card, and deposit $5 into their account on the month of their birthday until the child’s 12th birthday.

Key features

10 free debit transactions per month*

Over-the-counter Withdrawals and Transfers
Pre-authorized Payments and Cheque Withdrawals
Cash, Cheque and Inter Credit Union (ICU) Withdrawals (within Canada)
ATM Withdrawals and Debits (Credit Union/Interac®/Plus)
Bill and Loan Payments (ATM, Online, Teleservice)
Online Banking Debit Transfers and Inter-account Transfers
Debit Card Transactions (CDA/Cross-Border/Online)
Interac® e-Transfers

Benefits

Earns money with interest calculated daily and paid monthly
Convenient 24-hour ATM access
Easy record keeping with detailed semi-annual statement

_{*No charge with $1,500 minimum monthly balance.}

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For a full breakdown of account fees, visit our Service Fees page.

LEARN MORE

Head Start

A special savings account designed for youth ages 12 to 18 to help teach money management, spend responsibly or to save towards an education.

Key Features