Valley Credit Union - Student Bank Accounts

Student Accounts

At Valley Credit Union, we understand how important financial services are to students. We also understand how difficult it can be to manage your finances while attending a college or university. Whether you're paying for your education with student loans, working long hours over the summer to save for the rest of the year, or holding down a part-time job while attending classes, we're here to help you find the financial solutions you need.

Benefits of a Chequing Account

While a chequing account may not offer the same interest rate as a savings account, it does provide you with better access to your money. Writing cheques for tuition, textbooks and rent is not only safer than paying cash, it also helps you keep an accurate record of your expenses.

Of course, this doesn't mean you should close your savings accounts entirely. It's always a good idea to set aside money for savings. Having a small nest egg can make a big difference if you run into emergency expenses. Even if you never need to tap your savings while in school, that money will be there when you graduate. It may be difficult on a limited budget, but even a few dollars a month will add up over the years you spend in school.

The Importance of Credit

If you're like most students, you're probably concerned with developing a solid credit rating. The best way to show future lenders that you deserve credit is by being responsible with credit from the start. A credit card offers a secure and convenient way to make your purchases, and is your door to the online marketplace. Used responsibly, it not only helps build your credit rating, but can also provide emergency capital during tough times.

Valley Credit Union recognizes that sometimes students have to make major purchases too. Whether you need a new computer, a car, extra funds for tuition and textbooks, or any combination of expenses, a line of credit can get you the money you need, when you need it.