I want to open a coogan account for my child , but the people on the branch don't know how to do...
I'm banking with bofa. and I like the bank and the people , so I don't want to give up yet.
Nix on investments but everything else is fair game!
Marcelo, you don't say which state you live in. Generally, Coogan accounts are only referred to as such in California. State laws vary on the type of account that is used for the purpose. SAG, the Screenwriters-Actors Guild, requires trust accounts with restricted access for under-age actors but, again, state law determines exactly what type of account that is.
If you live in CA, I suggest that you have your banking center personal banker or manger contact their helpline within the bank for assistance in opening the correct account, If you are in any other state, UTMA/UGMA accounts are the most commonly required.
If I can be of any other assistance, please feel free to contact me directly at http://www.insidr.com/in/bankbuster
In banking for over 25 years in all areas of the bank with the exception of mortgage but I do have limited...
Great answer. Go with that one
I can answer anything from simple to complicated thing, i know the tricks to solve problems..... here you...
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The above mentioned details are right, but want to more include that BOA charges $300 opens Coogan Saving account whereas Aftra/Sag Credit Union, city national bank, First entertainment credit union with no opening deposit. No monthly charges by any of these banks.
Aftra/Sag Credit Union & First entertainment credit union - you can apply online.
Best of Luck
Please check interest rate as it differs in every bank. Only opened in CA by BOA.
If you are in other city like Studio City Wishire(Aftra/Sag Credit Union), NY(city national bank), 7NY LV LA(First entertainment credit union).
Contact numbers: BOA - 888-600-4000
Aftra/SAG - (323) 461-3041 (818) 562-3400
City national bank - (800) 773-7100 (310) 888-6200
First entertainment credit union - (888) 800-3328