Services for our younger members

Helping your children develop a healthy relationship with money early on sets them up for future financial success. Together, we can encourage responsible saving and spending habits that'll last them a lifetime.

GOLD Credit Union offers savings and checking accounts specifically for children under 12, teens and young adults. We've designed these accounts with your children in mind, giving them increasing options over time, all while earning dividends.

Minor Account

A minor account, available to Members 0-11 years old, is a savings account that prepares your child for their financial future. Minor accounts require a joint owner.

Account Requirements 

All names on a Minor Account must be eligible for Membership at GOLD Credit Union. The funds belong to all names listed on the account and are accessible to all account owners.

When opening a Minor Account, the minor and adult joint owner should be prepared with the following:

  • Required Pledge Amount: $5 per name listed on the account
  • Required Documents (Minor): Birth certificate, passport, Social Security Card, or school ID
  • Required Documents (Joint Owners): Photo ID

Open a minor account online at our branches, over the phone, or through the mail. Any questions, or to get started, give us a call: 484-223-4200.

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An older woman with a young child in her arms

Parent Managed (PAUTMA) Youth Account

PAUTMA accounts are savings accounts that are owned by a Member under the age of 21, but managed by a custodian. While the custodian is generally a parent, it does not have to be.  

Account Requirements 

All names on a PAUTMA Account must be eligible for Membership at GOLD Credit Union. The funds belong to the minor but may only be accessed by the custodian*. When the minor turns 21 years old, the custodian must close the account and relinquish the funds to the minor. 

When opening a PAUTMA Account, the minor and custodian should be prepared with the following:

  • Required Pledge Amount: $5 per name listed on the account
  • Required Documents (Minor): Birth certificate, passport or school ID and Social Security card
  • Required Documents (Custodian): Photo ID

Open a PAUTMA account at our branches, over the phone, or through the mail. Any questions, or to get started, give us a call: 484-223-4200.

*A successor custodian may be named.

GOLDen Future Account

Our GOLDen Future Account is a perfect option for parents who want to help their teens and young adults become financially aware.

Meant for ages 12 - 26, a GOLDen Future accounts grows with your child. You can add a GOLD Checking account, GOLD Credit Card, and even loans to this account. From depositing their first paycheck to using their GOLD Debit Card for the first time, these account holders will practice putting their financial savviness to work again and again. (Requires a joint owner.)

All names on a GOLDen Future Account must be eligible for Membership at GOLD Credit Union. The funds belong to all names listed on the account and are accessible to all account owners.

When opening a GOLDen Future Account, the minor and adult joint owner should be prepared with the following:

  • Required Pledge Amount: $5 per name listed on the account
  • Required Documents (Minor): Social Security Number, Birth certificate, passport or school ID
  • Required Documents (Joint Owners): Social Security Number, Photo ID

Open a Golden Future account online, or we can take care of this for you in the branches or over the phone. Any questions, or to get started, give us a call: 484-223-4200

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A young woman smiling and working on a laptop

Education Loans

Take control of your college financing with Sallie Mae Education Loans.

Partnering with GOLD Credit Union can help you pay for the higher education expenses not covered by financial aid packages. Together, we can do this.

Begin teaching your children to save and spend wisely.

Open a Youth Account today at our branches, over the phone, or through the mail. Any questions, or to get started, give us a call 484-223-4200 or use the "Contact Us" link below.

Looking to become a GOLD Member? Click Here.

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