NORTH HIGHLANDS, Calif. — SAFE Credit Union recently found itself caught in a mother-daughter struggle that centered on a checking account opened in a high school branch.
Until the working teen opened her own account at Sacramento's Rio Linda High School branch, 17-year-old Alison Morrison deposited all of her earnings into a joint account she shared with her mother Jerri, who doled out an allowance as she saw fit. Not surprisingly, the teen felt she had the right to control the money she earned herself and opened the account to gain independence from Mom.
Paul Hersek, vice president of marketing at the $1.3 billion institution, said the flap, which was publicized in his major daily metro newspaper, The Sacramento Bee, was a family matter that got more attention than it deserved.
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