Membership in M3
Now that you’re a teenager, you
have a lot more opportunities to earn your own money and make
decisions about what you want to do with it. We can help you
make the best choices for saving, spending and planning.
To join Make Money Matter (M3)
you have to:
- Be a member of SELCCU.
Your parents or grandparents may have opened a Share Savings
Account (or Membership Account) for you through our Captain
Cash Club. If not, you can open a Share Savings Account now
with a minimum deposit of only $5.
- Be between the ages of
13-17.
- Make sure your parent or
guardian signs the Parental Acknowledgement Form for ATM or
Visa Debit Cards, Checking Account, Visa Platinum Card or
Loan. This does NOT make them a co-signer. It’s just an
acknowledgement that you are participating in M3.
- Successfully pass a
Product Quiz.* You can download study guides from this Web
site or ask a Financial Services Representative.
Quiz not required for all products. Passing grade=80% or better.
Once a Member, Always a Member
If you move away from
the area, you'll remain a member as long as you maintain a $5
minimum deposit in your Share Savings Account and use at least
one of our other services.
Just for You
As a member of M3, you get:
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Rewards for saving money and
signing up for M3 products and services.
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Annual birthday greeting with
the opportunity to get cash or other cool stuff.
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A Web site just for you with
information you need about managing your money.
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Periodic updates on products
and services that can help you.
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As your savings grow and you
sign up for more services, you can reward yourself with your
choice of cash or gift cards from Visa, i-Tunes or McDonald’s.
Your Money is Safe
The National Credit Union Administration (NCUA) is the federal
agency that insures savings at credit unions across the country.
Just as banks are insured through the Federal Deposit Insurance
Corporation (FDIC), credit unions are insured through the
National Credit Union Share Insurance Fund (NCUSIF), which is
backed by the United States government up to at least $250,000.
At SELCCU, we go one step
further in protecting your hard-earned dollars. We provide up to
an additional $250,000 of savings protection to each qualified
account through Excess Share Insurance (ESI), a subsidiary of
American Share Insurance (ASI), the nation's largest private
deposit insurer of credit unions.
