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Deposit Account
For infants and children from birth to 14 years.

NCCU welcomes young persons to its family of depositors through its Deposit Account. This account helps families maintain a tradition of membership in NCCU. A Deposit Savers Account can be opened by parents and guardians for infants and children under 15 years. It can be used to teach young persons the importance of saving regularly.

 Deposit Accounts have most of the benefits of a Regular Savings account.


  • Start the account with only $5.00.  Bring in
    • Child's birth certificate
    • Parent's valid picture identification
    • Parent's proof of address
    • A minimum of $20 to open the account.
  • No monthly service fees
  • No limit on transactions
  • Unrestricted deposits and withdrawals
  • Competitive interest rate paid bi-annually
  • Use deposits as security for loans
  •  Save regularly for your child through payroll deduction or standing order
  • Passbook to record all transactions
  • Note: NCCU will exercise due diligence for all new accounts in keeping with regulatory and legislative requirements.

     
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