Forge Their Future Savings
A parent-owned savings account designed to help build financial support for your teen or young adult’s future.
- Parent-owned OTMA savings account with full control and oversight
- Designed to support teen and student financial milestones
- Easy access to transfer funds when needed
- Pairs seamlessly with LorMet Teen & Student Checking
At LorMet, we believe strong financial futures start with thoughtful planning today. Forge Their Future Savings gives families a simple way to build that foundation, one deposit at a time.
Set aside funds today to help prepare for tomorrow’s milestones, whether it’s education expenses, transportation needs, first-time independence, or unexpected opportunities along the way. This account is designed to work alongside LorMet Teen and Student Checking, helping families stay financially prepared as their children grow.
Funds remain securely in the parents’ LorMet membership, giving you full control while allowing you to intentionally save for your child’s future goals.
This is an OTMA (Other Than Minor Account) savings account, established and maintained in accordance with LorMet’s OTMA account guidelines. The parent or legal guardian is the primary account owner and custodian, with funds intended for the benefit of the minor or young adult.
Teen Checking
Learn to spend and save with no account fees or minimums. For ages 15-181. Call us or stop by any branch to apply!
Free 24/7 Parent-to-Student Transfers3
No monthly service fee or minimum balance
1 If under age 18, a parent/guardian with an existing LorMet account in good standing is required as joint owner. Minimum opening deposit of $25.00 and e-statements required.
2 Message and data rates may apply
3 Requires enrollment. Both members must complete the M2M Transfers authorization form.
Student Checking
A convenient banking experience designed specifically for students. For ages 17-221. Call us or stop by any branch to apply!
- Free Mobile Check Deposit2
- Free 24/7 Parent-to-Student Transfers3
- No monthly service fee
- No minimum balance
1 If under age 18, a parent/guardian with an existing LorMet account in good standing is required as joint owner. Minimum opening deposit of $25.00 and e-statements required.
2 Message and data rates may apply
3 Requires enrollment. Both members must complete the M2M Transfers authorization form.
Not a LorMet Member?
Open your account today at any LorMet location and experience the Credit Union difference!
Youth Account Resources
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