Prevail Credit Union
Credit Union in Seattle, WA
When a child's birthday arrives, people often write a check or put cash in a card and send it off in the mail. If the gift is cash, the money has very little chance of ever making it into a savings account before being spent. If it is a check, an extra burden is placed on the parents to drive to the child's financial institution and deposit it. With PiggyBanc, the gift is automatically deposited into the child's savings account and there is a permanent record of the gift. No more checks to write. No more trips to the branch to deposit checks.