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coogan account

All kids are A-list celebs to their parents. But if your children actually earn money for their artistic or athletic talents under contract, let us roll out the red carpet for our Coogan Account (blocked trust)! See, in California, employers are required to deposit 15% of gross earnings into a minor’s Coogan Account. Funds can’t be touched until the minor turns 18 or becomes legally emancipated (and graduates from child actor to serious artist who just wants to direct).

Give us a call to get started: (818) 238-2900.

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the details

  • No membership fee for members under 18
  • Low initial $5 deposit
  • No monthly fee
  • Interest earned on balances of $25 or more (check deposit rates)
  • Available as a Student Savings Account or Student Certificate
  • Federally-insured up to $250,000 by the National Credit Union Administration (NCUA)
  • Parent or guardian has 7 days to open a Coogan account once a minor’s employment contract is signed.

account services

Like awesome features? Then check out some of the sweet perks you’ll get with our accounts.

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your deposits are secure

You can sleep easy, knowing your deposits are insured by the National Credit Union Administration (NCUA).

learn more >

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