Family Wallet

Help your child learn to earn, spend and save with you at their side.

Spending account for them, parental tools for you

With Family Wallet, kids and teens ages 8-17 get a simple spending account, debit card and mobile app – to keep track of spending, saving and more. Parents conveniently enroll and access Family Wallet right from their TFCU online banking and mobile app where they can:

View purchases.
Assign chores.
Pay allowance.
Transfer money.
Assign money lessons.

Open a spending account in three easy steps

In order for kids and teens to access Family Wallet, they first need to open a TFCU spending account. Here’s how:

Visit any TFCU branch with your child (ages 8-17).
Bring your ID and your child’s Social Security number.
Open an Everyday Spending account, get a debit card and enroll in Family Wallet – all in the same day. It’s easy!

Terms and conditions apply. Must be parent or legal guardian to enroll.

Child must be between ages 8 and 17.
Parent or legal guardian must have an active TFCU account.
Child must have an active TFCU Primary Share.
Parent or legal guardian must be joint on child’s TFCU account.
Child must have access to a personal device (Android or iPhone) to download the TFCU Family Wallet application, available in the App Store and Google Play.
Parents and guardians access TFCU Family Wallet through TFCU online and mobile banking; enrollment is enabled through a link in TFCU online and mobile banking.
Children access their account through the TFCU Family Wallet App available in the App Store and Google Play.
Card controls are accessed through the parent or guardian’s TFCU Debit Card Manager app. The Debit Card Manager must be used to manage the child’s debit card and spending controls.

All about an Everyday Spending account

This simple, checkless account with no overdraft fees can be opened with a parent for only $10. It pairs perfectly with the free Family Wallet app – allowing parents to help monitor and teach their child (age 8-17) money basics.