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FAT CAT® Account

To provide members from ages 5-12 with an account with extra benefits to encourage young people to learn that money management is easy and fun when you start early.

  • When the account is opened the new member receives a gift
  • Preferred interest rate on the account - calculated daily and paid monthly
  • Erickson Credit Union will pay the $5.00 share (refundable to the Credit Union if the account is closed before the member's 19th Birthday)
  • No minimum balance required to earn interest
  • A FAT CAT® birthday card and a gift is sent to the member on their birthday
  • Access to MEMBER CARD® debit card, with parents/guardians signature
  • Unlimited free in branch withdrawals permitted
  • No service charge on point of sale transactions or Canadian Credit Union ATM
  • $100.00 minimum deposit on Term deposits


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