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.

Headstart Account® - For members aged 13 to 17
The Headstart savings account is designed just for ECU's teenaged members. Whether you are depositing a birthday cheque, lawn mowing money or a paycheque from your first employer, Headstart members can expect their savings to grow quickly with this higher-interest, fee-free account. Headstart members really enjoy using their own ECU Member Card® to make ATM deposits, withdrawals and INTERAC® Direct Payment  purchases.

As a Headstart member, you will also have access to your account through the Internet and by phone, with free MemberDirect® access. MemberDirect provides account transaction history, account balance retrieval, the ability to transfer money between ECU accounts and much more!

Teens who are big savers can invest in GICs for a minimum $500 deposit, a really smart way to protect and nurture their long-term savings.

Headstart Account Details:

• Interest is calculated daily and paid monthly.
  
  
• Interest rate on the savings account is 1/2% higher than the basic rate paid on our Plan 24 adult account.
  
  
• All transactions through the Headstart Account are processed free of charge.
  
  
• Term deposits are available for a minimum of $500.
  
  
• A Headstart Account holder may apply for a Member Card® with parental consent, which gives you access to your account at all Automated Teller Machines displaying The ACCULINK® Network, INTERAC® and THE EXCHANGE® symbols or for making INTERAC Direct Payment purchases.
  
  
• A low cost Xtreme $ense Account for chequing purposes is available.