60 and above. Medina explains that both account types provide the convenience of everyday banking without incurring service charges or fees for common transactions, such as debit card purchases, ATM withdrawals, online banking, e-transfers, or remote deposits. “And you don’t need to have a minimum balance in the account, so you can focus on putting your money towards investments where you’re earning a bit extra for yourself,” he expands. Broderick points out that the Youth Account’s age range is unique, giving members a head start on their rate is a lot greater than what other institutions are offering. We want to see people be able to get the opportunity to afford a home for themselves and their families. That’s with the hope that they obtain mortgages with us as well, but the main goal is to see people reach the goal of owning a home similar to what our parents and grandparents had before us.” Other advantageous product offerings are the Golden and Youth Accounts, each with no fee daily banking.The Youth Account caters to members up to age 30, and the Golden Account serves those aged 8 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 09
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