Junior Account

Dumbarton Credit Union provides accounts for those under 18 years of age.

The Junior Account can start at birth.  All we need is a birth certificate of the child and identification for the adult opening the account unless they are already a member of the credit union.

The adult can then operate the account.  Anyone can pay into the account but only the named adult can withdraw.  Withdrawals can be made at any time by the guardian operating the account.

The maximum amount which can be held in this account is £7,500.00.

Usually this is the case until the child reaches 18 years when they will transfer to an adult member account.  It is possible to allow the child to operate the account from the age of 8 years, please ask for details.

If the credit union makes a profit at the end of the financial year then interest is credited to the junior account.  The amount is decided by the Board of Directors.


Dumbarton Credit Union funds are used locally and ethically to help others