Boom! Teen Club
Boom! is a Credit Union program that offers, ages 13 – 19, the freedom and independence needed to handle your financial matters. Boom! and PEFCU can teach you what you need to know about making, saving, and spending money.
Here's a list of Boom! benefits:
1. Savings Account - This account is required to become a member of PEFCU and Boom! With a Savings Account it will be easy to keep track of your money and even watch your money grow. It's also a great way to show your parents that you are becoming financially responsible. By saving with Boom!, once your account is at our $50 minimum you will earn dividends on your balance. There are no monthly maintenance fees, only an initial deposit of $7 ($2 is your Membership Fee) to open the account, then you have 6 months to reach our minimum $50 balance before a $2 charge will be applied for being below the $50 balance. You can make deposits by mail with our convenient Bank-by-Mail or by dropping by one of our offices.
2. Checking Account - A Boom! Checking Account lets you make purchases without having to carry cash. Combining our Visa Debit Card with your Checking Account will make purchasing quick and simple. Whether you're at the mall, grocery store, fast food restaurant, gas station, or movie theater a Visa Debit Card is the easy way to use your money.
Once your Checking Account is opened there will be no monthly maintenance fees and no minimum balance requirements. You also receive free Bank-by-Mail envelopes, free OverDraft Protection from your Savings Account, and free Mobile Banking, including SMS - Text Banking.
3. Visa Debit Card - Get Worldwide access to your Checking Account and Savings Account with our Visa Debit Card which is accepted wherever a VISA logo is displayed. This card is free and offers free Point of Sale (POS) purchases, even from the internet. It is also an ATM card and can be used 24 hours a day - 7 days a week. You will receive 4 free ATM withdrawals per month.
4. PEFCU ATM Card - Access your Savings & Checking Account with our PEFCU ATM card which is accepted at all Publix Super Markets Presto! ATMs, Pulse, or Plus ATMs 24 hours a day - 7 days a week. You will receive 4 free ATM withdrawals per month.