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Give the kids a great experience — get a new customer

University Federal Credit Union offers a 3% interest rate on checking for kids. That’s a lot more than the grown-up rate.

This is a smart promotion. Parents like me will bring their kids to open their first savings account. The great interest rate will teach the kids about the benefit of banking.

How long until the parents open an account too?

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Comments

  1. Jay December 30, 2010 at 12:45 pm #

    It’s compelling in theory, but looks like it’s already been removed from the site.

    Perhaps there was a fairness/ageism reason for the removal?

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