Most would agree that our future lies in the hands of our youth. Financial institutions understand the importance of nurturing young members with a variety of accounts to meet their needs, at a variety of ages and stages of life. Youth accounts help you connect with younger members, while teaching the importance of saving for the future and smart money management skills.
PMD Group is experienced in helping clients develop a youth program, to attract and retain young members into adulthood. There is not a one-size-fits-all youth account program so we’ll work with you to develop a program to meet your goals. Youth accounts can be tailored for anyone from 0 to 21 years old. We recommend offering a variety of accounts depending on age group because the needs greatly vary per group.:
- Birth to age 12
- Thirteen to 16
- Seventeen to 21
PMD Group can help you develop a program to meet the needs of your young account holders.