Gateway Account

Specifically designed for those age 13-24

Members age 13 to 24 are automatically members of the Gateway Account. This Account is designed to be an introduction to the world of finances. The emphasis is on education. Costs have been lowered and restrictions eased to allow easy participation.

A savings bonus based on grades ($1.00 for B's, $2.00 for A's, with a cap of $10.00) is available annually. This is done at the end of the school year and is effective for the final Spring semester grades.

Savings: (account type 18) This share type pays dividends with a $25.00 minimum balance. Certificates are also available with a minimum opening balance of $100.00. There is a fee of $2.00 per withdrawal for more than 5 cash withdrawals per month from your savings account.
 
HCU Gateway Checking:

• • Details:

    • No monthly service charge. No minimum balance
    • No per-check fees
    • Automatic monthly foreign ATM rebate (calculated at end of month; $5 max rebate)
    • Unlimited free consumer Bill Pay (must be 18)
    • Credit Builder Program Available (See below)
    • No dividends paid

    Plus:

    • We offer value priced checks, available in a variety of colors and patterns
    • Records of your canceled checks are securely stored by the credit union, freeing you from filing and storage
    • Unlimited free transactions at HCU and COOP Network ATMS 
    • No-fee VISA® debit card
    • Real-time balances, all the time
    • Real Overdraft Protection available
    • Direct Deposit & Payroll Deduction available
    • Free eStatements with e-mail notification
    • Free online check copies and statement copies
    • Free HCU Online Banking
    • Free HCU Mobile Banking
    • Free 24hr HCU Telephone Banking

    Credit Builder Program (Contact HCU Representative for details):

    • Two Options Available:
      1.  A loan for up to $500 to secure a credit card
         • 2 Year repayment plan
         • Reports monthly to credit bureaus
      2.  A secured credit card
    • Must prove loan can be repaid
    • Do not have to have a credit score
    • Can receive an extra $100 credit line with direct deposit
     
    Both our regular and Hutch-Card VISA's are available and will be issued with a co-signor and approved credit. Those 18-24 are encouraged to apply for an HCU Visa card with or without a co-signor.