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  2. Saving & Retirement

What happens to a Youth Savings Account once the minor turns 18?

Once the child turns 18, the money in their Youth Savings Account will be transferred into a Primary Share Savings Account. 

Once the child turns 18, the money in their Youth Savings Account will be transferred into a Primary Share Savings Account and their Youth Savings Account will be closed.

With their own Primary Share Savings Account, they will gain access to all the valuable products and services we offer that help our members reach goals at various life stages.