A GenEdge Account from Wescom can help young adult members ages 15 through 17 learn how to build wealth, maintain it, and use the tools to reach their financial goals.
A GenEdge Account gives young adults all the benefits that come with Wescom Membership, including:
It only takes $1 to open a GenEdge Savings Account and the standard $5 monthly service fee is waived for all Youth Account Members.
With a GenEdge Account, you receive a free ATM Card with a daily withdrawal limit of $250, giving you access to deposit or withdraw funds from your account through any ATM.
With a Wescom Checking Account, GenEdgers have the option to receive their first Wescom Visa® Check Card that comes with a $500 daily spending limit and can be used to pay for purchases or as an ATM card with a $250 daily withdrawal limit.
Plus, if you're feeling creative, you could turn your Check Card into an IMAGINE THAT! Picture Card. For $9.95, you can put your own image or snapshot on the Check Card.
Manage your money online through eBranch, the free Wescom home banking service, where you can view account balances, track transactions and make cash transfers and much more.
You can apply for a GenEdge Visa Credit Card, when a qualifying parent or guardian acts as co-borrower. It's a real credit card with real convenient spending power. Plus, you can customize your card's look with the IMAGINE THAT! Picture Card service (there is a fee of $9.95).
With a GenEdge Account, you have the option to open a College Saver Certificate so you can start earning dividends for the cost of your college education. Featuring a $250 minimum deposit and a 36-month term, you can make additional deposits during the Certificate's term as long as you are under the age of 18.
To open a GenEdge Account, stop by any Wescom branch location with:
The account must be opened prior to the account holder's 18th birthday in order to establish and maintain the GenEdge Account.
A parent or legal guardian must be a Joint Owner on the Checking Account and ATM/Visa Check Card. Account opening & Visa Check Card subject to Account Joint Owner verification by ChexSystems, a consumer reporting agency; Primary Payment Systems, an independent verification service; and Credit Union approval.