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Student Savers Account

Learning to save early pays off!

Is this account for you?

  • You have a child attending primary school.
  • You wish to introduce your child to savings, economics and cooperation.
  • You want to give your teen some autonomy by allowing him/her to carry out transactions in his or her own account, with your approval.

 

Outlines

Account type: Savings account for elementary school students

Interest rate: Contact your Caisse

Service Fees: N/A

Draws: During the school year, one $100 prize draw will be held each month in each of the six regions we serve. Each deposit is a chance to win.

In the month of June, a draw for a $1,000 prize package will be held in each of our regions. A minimum of 6 deposits are required to be eligible. The more deposits children make to their Student Savers account, the more chances they have to win!

Youth Dividend: This year, a minimum of six (6) deposits into your account is required to receive the $15 youth dividend.

 

Become a Student Savers Program Member

Participate in this month’s Special Activity Contest

Features

The Student Savers account is a learning tool for elementary school student which teaches them about savings and cooperation. Young Caisse members are the rightful owners of the monies accumulated in the account. They can withdraw from this account with parental consent.

Authorized transactions
  • Deposits
  • Withdrawals (in branch with parental consent)
Interests
  • Interest paid monthly

Deposits can be made in three ways:

  • transfers between accounts from the account of a Caisse Alliance parent member;
  • in-person deposits using a free reusable wallet, available at any of our branches;
  • overnight deposits using Student Savers Program deposit envelopes obtained in advance.

Contact us for more information!

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