HERNDON, Va.Northwest FCU is hailing a 14-year-old entrepreneur its youngest member to open a business account. The youngster started an ice cream franchise that has grown into a local rage, with a website, a menu of flavors and shelf space at neighborhood stores.
Teenager Grayson Albers said he got the idea for his ice cream business when he wanted to sell lemon sorbet at his sister's lemonade stand. When his fledgling gelato and sorbet company, GC’s Frozen Treats, needed to take a next step, the youngster went to his family’s credit union, Northwest FCU, to get staretd with a business account.
The young entrepreneur was prepared when he came to the credit union’s Leesburg branch in suburban Washington, D.C., with all of his completed paperwork and the required documents from the IRS and the state of Virginia.
With his parents signing as joint account holders, he became the youngest business owner in the history of Northwest Federal to open a business account.
Albers set up a Basic Business Checking account, which comes with no monthly maintenance fee. The account also lets businesses scan and make deposits remotely from their offices or homes an important feature for Grayson, since he isn’t old enough to drive.
GG’s Frozen Treats are sold at the local Ashburn Wine Shop, Carolina Brothers BBQ, and The Wine’ing Butcher.
