Spectrum Celebrates the New Addition to Your Family!
To help celebrate one of the biggest and most amazing events in a member's life, Spectrum will make the first $25 deposit to open a new membership account — either regular membership or UTMA account (Uniform Transfer to Minor Account) — for your newborn child! For the purposes of this offer, Spectrum considers a newborn to be 365 days old or less.
What better way to begin a child's bright financial future than with a Spectrum membership? Parents, relatives, and friends can easily make regular deposits to a newborn's account through payroll deduction or automatic transfer.
As the child grow up, his or her savings will continuously earn dividends, and this money saved can later be used to support any future financial need.
To retain the initial $25 deposit from Spectrum, the following minimal requirements must be met:
- Accounts must remain open for a minimum of 12 months.
- At least one member deposit must be made to the newborn's account during the first 12 months.
In addition, to welcome our newest and youngest members, we'll give the newborn child free Piggy Bank (while supplies last).