HFCU’s wide range of Savings Accounts provides you with the flexibility you need to help you prepare for your future financial wants and needs.


Uniform Transfer to Minors Accounts

A Uniform Transfer to Minors savings account is a trust-like account established in the name of a minor child, by a person of legal age, for the sole benefit of the minor.

Call us at (866) OUR-HFCU, chat with us online, or email us for more Information on this special type of account, which can prove a possible tax break (for the member) in addition to allowing the money in the account to earn interest over the years.

Key Features
All deposits made to this account belong irrevocably to the minor, so you can contribute money for the child’s future without worry of anyone else acquiring it.
Child receives money upon reaching legal age, and the money has earned interest over the years.
Plus, you may possibly receive income from the account when taxed at the child’s rate, providing a possible tax break (check with your tax advisor concerning this).

Fees and other conditions could reduce the earnings on the account.