YOUTH ACCOUNTS
Custodial Accounts
Custodial Accounts are a great way for parents or legal guardians to set aside funds for a minor child. The minor has no access to the account until they reach the age of majority. We allow one custodian per account who is the only one who can perform transactions on the account. A successor custodian is named at account opening. The custodian may convert the account to a regular account prior to the age of majority.
All accounts opened for minors under the age of 18 must have a legal guardian joined to their account.
Learn more about features and benefits
We don't like monthly fees either. That's why you'll never pay one at HUDFCU
You must maintain a $50.00 balance in your Regular Savings Account as it represents your "ownership share" in the credit union.
Free, secure digital banking access is available to you 24/7/365 via Online Banking and Mobile Banking.
To participate in the Free Bill Pay service, members must have a checking account and be at least 16 years of age.
Our digital banking has a number of features to make your life easier. Access your statements securely online with e-statements.
Access money surcharge free at locations you already visit like 7-Elevens and Rite Aids. Use our locator service to find the nearest surcharge free ATMs to you.
Make cash deposits or access teller services nationwide. Use our locator service to find the nearest shared branch.
For additional information or assistance, please call us at 202-863-2800 ext 3.
© 2024 HUD Federal Credit Union. All Rights Reserved. Federally insured by the National Credit Union Administration, a U.S. Government Agency. Deposits insured up to $250,000.
This credit union is federally insured by the National Credit Union Administration. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. NMLS #: 438402