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It's never too early to start saving for your child's future!
For those under age 18, we offer a variety of youth account options. A youth membership can be opened with as little as $5.00, which stays in the account throughout membership. When the child or
teen reaches their 18th birthday, we convert this into an ordinary Membership Savings account.
Youth Savings Account
This account is the equivalent of a Membership Savings, but for members under 18. $5.00 is held here to establish their membership, and additional funds can be added or withdrawn at any time.
Youth Special Savings
You can open one or more of these accounts for any purpose you like. For instance if your child is saving up for a special goal, he/she can have a special savings account for these funds.
Liquid Assets
Comparable to a money market account, this account generally bears a higher interest rate. There's no catch or additional requirements - these accounts are offered to encourage our members to save.
Savings Certificates
If you're looking to earn the highest dividend rate possible, and are able to keep your funds in one place for a period of time, savings certificates are a great way to maximize your return.
With a minimum opening deposit of $500, you can lock your funds at a high dividend rate for up to five years. If you're looking for a shorter time commitment, you can open certificates of $10,000 or more
with terms as short as 90 days.
Check out the following sections for some great learning tools for kids of all ages:
• Just For Youth (for elementary and middle school students)
• Teens & Young Adults (for high school ages and up)
(Click here to return to the Personal Accounts section)
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