The MBCU Junior saving account enables current MBCU members to set up a savings account for a child up to the age of 16. Whether you're looking to save for a family member, godchild, grandchild or foster child, you can help with saving for their future.
Our Junior Account is ideal for members who are either looking to encourage a child to save or to save for the future on their behalf. Whether it is setting up a regular payment into the account by payroll deduction or Standing Order or making payments into the account for special occasions – it’s up to you.
Whilst the account is in the child's name, as the account Trustee, you control the account and can choose whether to save with or without their knowledge. This gives you the option to either involve the child in saving for their future, or give them a surprise further down the line. Acting as the account Trustee you control the account and are the authorised signatory.
Start saving today - apply here for your Junior savings account
"I needed a loan to help buy a new car"
Enjoy the convenience of saving straight from your wages. Our current select employers include:
If your organisation would like to help your staff in this way please: