Kids/Teens Page
College Financial Survival Kit:
- Checking - with 1 box of free checks
- Savings
- Debit Card
- Home Banking
- CORA - automated phone banking
- $25.00 for bringing your vehicle loan to Northland
A Youth Savings Program:
Parents and Grandparents, you want the best for you children and so does Northland, open an account and we will provide them with the Best Rate available.
The Stash Your Cash savings program provides you and your children an easy and educational way to save for their future.Use the program to save for: higher education, that first automobile, a special gift, recreational vehicle, senior trip or vacation, sports equipment or just to plan for the future.
It’s easy!
With just $5, open a share savings account with your child (Northland recommends that children under 17 have a parent, grandparent or guardian joint on the account).When the account reaches $105 place $100 in our special “Stash Your Cash” certificate, it will earn the highest certificate rate northland offers for a term of 1 yr.When the certificate matures combine the money from the certificate with additional money from the share savings and create a new “Stash Your Cash” certificate at our new best rate.Or open additional certificates each time the child saves the minimum $100.
This is a great tool to teach your children the responsibility and benefit of saving for the future while giving the adult the peace of mind that their child will always be earning the best rate Northland offers. Open one today or on your child’s birthday and renew the gift each year.
Stash Yer Cash Program:
- Share Savings Account (currently paying .50% APY) with $5 minimum to open
- Stash Yer Cash Certificate – 1 yr term - $100 min. $10,000 max. (aggregate) – Best Rate Northland offers (currently the 5 Year @ 3.30% APY - excluding jumbo rates)
- CORA and or Home Banking to monitor the progress and success of the child.
Student Loans :
Northland offers information on two types of Student Loans:
- Stafford Loan - Repayment does not start until six months after you graduate or leave school.
- Federal Plus Loans - The parents of the dependent undergraduate student can borrow up to the cost of the education less any financial aid.
Sites for Ages 18 and Under!
Visit these sites for tips on being smart with your money. You'll find information about:
- Earning and borrowing
- Saving and budgeting
- Spending and using checks
You'll also find out more about credit unions!
 Kids, have fun and learn how to save money! |
 Teens, what's your financial goal? |
 Young adults, it's your life...are you ready? |
