Members ages 13-19 can participate in our Zard® program. The Zard program, which is focused on helping teens develop solid money management skills, provides a variety of products and services tailored to meet their needs.

Zard Share (Savings)

  • Competitive dividend rate.1 View our Share & Deposit Account Rates.
  • $5 minimum opening deposit
  • $5 minimum balance must be maintained to avoid monthly maintenance fee2
  • Zard CashPoints® card for ATM transactions
  • No checks can be written and no automated clearing house (ACH) debits are allowed on Zard Share accounts
  • Account automatically converts to a regular Share account when the owner turns 20 years old

Zard Checking

  • Competitive dividend rate.1 View our Share & Deposit Account Rates.
  • No minimum opening deposit required
  • No minimum balance required to earn dividends3
  • $1 monthly maintenance fee
  • Zard Visa® debit card for purchases and ATM transactions
  • Overdraft Transfer Service available
  • Joint account with a parent, grandparent, or other responsible adult required for members under age 184
  • Individual account available for members ages 18-19 years old, or who are otherwise eligible to open a checking account individually
  • Account automatically converts to a regular Checking account when the owner turns 20 years old

Group Term Life Insurance Coverage

Teen Zard accountholders are eligible to receive $1,000 of Group Term Life Insurance at no cost. This coverage can be increased to $10,000 for $18 per year, if the additional coverage is purchased within 30 days of account opening, by either of the following5:

  • A parent/guardian on the teen’s behalf if the teen is under age 15
  • The teen if age 15 or older
1 Dividend rates and annual percentage yields (APY) are variable and subject to change daily at the discretion of the Board of Directors.
2 A $1 monthly maintenance fee is charged if account is below minimum balance on statement date.
3 Must maintain balance sufficient to cover monthly maintenance fee and other authorized charges.
4 If teen cannot sign, a parent or legal guardian must sign on the teen’s behalf even if the parent/legal guardian is not the joint owner.
5 FAT CAT and Zard Group Term Life Insurance is provided by SECU Life Insurance Company. SECU Life Insurance is a wholly-owned subsidiary of State Employees’ Credit Union. Life insurance is not guaranteed by, or an obligation of, any credit union and is not insured by NCUA. Insurance representatives are licensed to sell in North Carolina only.