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Jan. 06, 2009 
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Home  >  Personal Accounts  >  Children
Fat Cat® Account - Members 12 and under

Establish good banking habits at an early age with a Fat Cat® Account - a higher interest, fee-free account. Youngsters will gain an understanding of banking and develop the practice of saving by making deposits, reading their statements and, of course,  watching their savings grow!

Children can enjoy checking their balances online and using their own ECU Member Card® to make deposits set aside from allowance and odd-jobs, an easy way to make savings grow. Many parents like to arrange automatic deposits through their own payroll deduction or automatic transfer to encourage good savings habits.

Fat Cat members can look forward to receiving a membership card and a Fat Cat gift upon joining.

Fat Cat Account Details:

  • Interest rate on the savings account is 1/2% higher than the basic rate paid on our Plan 24 adult account.

  • Interest is calculated daily and paid monthly.

  • All transactions through the Fat Cat Account are processed free of charge.

  • A Fat Cat Account holder may apply for a Member Card® with parental consent, which gives them access to their Fat Cat Account at all Automated Teller Machines displaying the ACCULINK®, The INTERAC® Network and THE EXCHANGE® symbols or for making INTERAC Direct Payment purchases.

  • Term deposits are available for a minimum of $500.

  • Fat Cat members receive a membership card and a Fat Cat surprise upon joining as well as a special section just for them in the quarterly newsletter.

  • After the age of 12, a Fat Cat Account can be converted into Headstart Account for teens.

  • A special acknowledgement is sent for gift deposits.
  Contact Us
Member Services
Education Centre
519-742-3500
TechTown
519-772-3050
Click to email Member Services


Related Links:
  • Receive your account statement online with our E-Statement option.
    Sign up today.