Student & Youth Accounts
Fat Cat Chequing
The ideal account for kids until age 12.
- Monthly fee - $0
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UNLIMITED transactions, electronic or in-branch
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$5 common share investment
- MemberCard with parent or legal guardian approval
Fat Cat Savings
The ideal account for kids until age 12. Our Fat Cat Savings Account earns interest daily and is paid monthly.
- Monthly fee - $0
-
UNLIMITED transactions, electronic or in-branch
-
$5 common share investment
- MemberCard with parent or legal guardian approval
Head Start Chequing Account
The ideal chequing account for kids 13 - 18 years. Our Head Start Chequing Account is a great way to start learning money management.
- Monthly fee - $0
- UNLIMITED transactions
- MemberCard with parent or legal guardian approval
- Purchase of $25 common share investment at age 16
- e-Statement fee - $0
- Paper statement fee - $2
Head Start Savings Account
The ideal savings account for kids 13 - 18 years. Our Head Start Savings Account earns interest daily and is paid monthly.
- Monthly fee - $0
- UNLIMITED transactions
- MemberCard with parent or legal guardian approval
- Purchase of $25 common share investment at age 16
- e-Statement fee - $0
- Paper statement fee - $2
Student Solutions Chequing
Ideal for members of any age, attending a full-time, accredited post-secondary program. When you attend an accredited post-secondary institution, you receive a FREE account! All you have to do is provide proof of enrollment each year you attend.
- Monthly fee - $0
- UNLIMITED transactions
- FREE e-Transfers
- FREE first cheque order (48 cheques)
- e-Statement fee - $0
- Paper statement fee - $2
Student Choice Line of Credit
Our Student Choice Line of Credit gives you the opportunity to pursue your dreams with peace of mind. Use only what you need and only pay for what you use.
- To qualify, the student or legal guardian must be a Vermilion Credit Union member for a minimum of 6 months from date of application.
- The applicant must be enrolled in at least 60% of the course load in a recognized (post-secondary) college, university or technical school. Member must provide a confirmation of enrollment
- All normal credit criteria must be complied with.
- If the applicant has no or insufficient income to support this obligation, then a guarantor (preferably legal guardian) must be obtained and provide the eligible criteria to qualify