Enjoy the potential tax advantages of a Custodial account and watch as your investment grows.
Invest in Your Child’s Future – Today.
Save money for college expenses not covered by other plans or teach your child how to manage investments. Both are possible with a Custodial account.
Custodial accounts provide1:
- Competitive dividend rates. View Rates »
- The custodian with the authority to withdraw funds.
- Since this account is for the benefit of a minor child, checking accounts and/or check cards are not permitted on this account for either the custodian or minor child.
To find out how you can open a Custodial account, please contact a CCU associate for more information.
1Custodial Accounts are irrevocable trusts that convey legal title to the minor and are governed by the New York State Uniform Transfers to Minors Act.