Yes, the common bond is extended to grandchildren. The same procedure is in place as if you were setting the junior account up for your child.
Yes. As long as you are a member within our "Common Bond" opening the account for your grandchild* or child. *Ts/Cs apply.
The trustee of the Junior account must be a Harp and Crown CU member and reside at the same address as the child.
Members can now apply for a Junior account online. Details on how to join and documents required HERE.
No, you may make periodic lump sum deposits at any time. Since children do not have a regular income, we do not ask that they save regularly.
Yes, we can amend your existing monthly deduction to include a payment to your child’s account.
Savings are limited to £100 per month for Junior accounts for 12 months, together with a one-off deposit totalling £5,000 in the first year. Thereafter, the maximum savings is £1,000 per month, with total maximum savings of £30,000.
Yes. All individual Harp and Crown Credit Union members receive an annual dividend into their account. For Junior account holders, they receive "interest" annually (same % as dividend).
All we need is a copy of the child’s birth certificate, and a completed application form. We may also ask you to verify and update your address ID.
Only the qualifying member may open an account for a child – ie. The serving or retired officer or PSNI staff, who is already a member of the Harp and Crown. Any subsequent family members are therefore ‘care of’ the lead member.
No, we request that any withdrawals are made by the Adult Trustee solely, or along with the child. The Junior Member will be unable to make any withdrawals or changes to the account without the Trustee’s authorisation.
The best way to make a deposit/lodgement is via bank transfer to the Harp and Crown Credit Union bank account (details can be provided upon request). You may also call to the office with cash, post in a cheque, or telephone the office with a Debit Card.
You can now access your Junior accounts via our NEW online banking facility. Details HERE. As the Trustee, you can only access your Junior's account online up to age 15 years. Once your Junior turns 16 years old, their details must be updated and they will need to register to access online banking for their own account.
A 0% Interest School Uniform Loan is now available to members who have a Junior account or child account up to and including age 18 years. Ts/Cs apply. We welcome new joining applications for your Junior/Child to avail of this great loan product.
Once a Junior account holder turns 16 years, their account becomes an Adult Saver account. They can continue saving but their personal details must be updated (a minimum £10 per month us required to keep the account active). More detail HERE. As above, once the Junior account holder turns 16 years, their Trustee will no longer be able to access the Junior account online.
