C.A.R.E.S.
The C.A.R.E.S account is specifically geared towards young savers aged 0 -18 years. The account was set up to encourage children to develop healthy and responsible saving habits, encourage parents to make preparations for the continuation of their children's education and to promote the Credit Union Philosophy among young people.
The C.A.R.E.S account offers a guaranteed interest rate of 1%, credited quarterly, as well as dividends at the end of the year and can also be used to qualify for education loans.