Fedchoice Federal Credit Union - Altogether Better


Preparing for Your First Child


Preparing for Your First Child

Whether your baby is on the way or you just had your first child, you’ve come to the right place. We’re not going to be able to help with the diapers, but we can help you manage the costs of raising your child.

How can you help me save money?

We know how difficult it is to save, especially when you’ve had your first child. So we’ve made it even easier to save by offering several plans to choose from including our Main Share Savings Account plus our Special Savings Account that allows you to set aside money for specific purposes.

You may also prefer our Holiday Club Account so you can keep money in reserve until October 31 of each year. Click here for all our savings plans and be sure to check out our great rates!

Do you have longer-term savings plans?

We certainly do! We offer several money market accounts to choose from including our Money Market Account that gives you higher rates than traditional savings accounts but also gives you the liquidity you may need.

How can you help me save for my child’s education?

We all know how expensive college is today. But 20 years from now, tuition for a private college is estimated to cost $76,406 per year. Public school college tuition is expected to reach $23,832 per year.

Now is the time to begin saving. And we’ve made it easier than ever with our Coverdell Education Savings Account that allows you to put aside money for college tax-free!

What investment options can you give me?

We offer a variety of investment solutions including Traditional IRAs and Roth IRAs to meet your every financial need. Click here to review all of our IRA Services. You also have access to professional investment advice as a FedChoice member.

I don’t have time to runaround, so what other services do you offer?

We know how hectic life can be so we offer a variety of services including direct payroll deposit, online account access, our phone teller service, gift cards, shared ATM kiosks at 7-eleven®, WaWa® and Sheetz® convenience stores and much, much more - all to make things more convenient for you. Click here for a list of all of our Convenience Services.

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