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Youth Savings Account

Kids Savings Account

Open a Youth Savings Account

Good financial habits start at an early age. You can help your child build their financial knowledge with guidance and support from yourself and America’s Credit Union. Together, we can align your child for money management success!

Open a Youth Savings Account for your child today and you'll begin to build a foundation of financial education and understanding.

Tip: what may seem simple, or "common sense" to you, might be a new concept for your child. Explain the ins and outs of saving and spending to help broaden their knowledge base. If they're old enough, explain how interest works so they understand they're making money by depositing it, not losing it because they don't see it in their piggy bank at home anymore.

The Member Service Representatives at ACU are happy to meet with you and your child and talk about money management at an age-appropriate level. Don't hesitate to contact us and request an appointment to meet with someone.  

 

Youth Savings Account Features:

  • Available for children up to 17 years old.
  • A joint owner is required.
  • Receive statements to keep track of savings.
  • Online Banking account access is available.
  • $25.00 minimum to open.
  • Pays interest on balances of $25.00 or more.
Child with eyes open wide and hand on mouth.

Youth Savings Account Rates 

Account Type Dividend Rate* Annual Percentage Yield (APY)* Dividends Paid on Amounts
TEXT
Youth Savings
TEXT
0.05%
TEXT
0.05%
TEXT
$25.00 - $9,999.99
TEXT
Youth Savings
TEXT
0.10%
TEXT
0.10%
TEXT
$10,000.00 and above
Effective October 1, 2019
Account Type

Youth Savings

Dividend Rate*

0.05%

Annual Percentage Yield (APY)*

0.05%

Dividends Paid on Amounts

$25.00 - $9,999.99

Account Type

Youth Savings

Dividend Rate*

0.10%

Annual Percentage Yield (APY)*

0.10%

Dividends Paid on Amounts

$10,000.00 and above

Effective October 1, 2019

* Fees could reduce the earnings. Rate/Yield on the above accounts is subject to change daily.

Youth Saving Resources

ACU is Here For Parents

Teaching your child about finances is no easy task. Luckily, as an ACU member, you don't have to go at it alone! We're here to help you navigate the next stage of your child's financial education.  Reach out today to schedule an appointment to meet with a Member Service Representative about setting up a Youth Savings Account for your child. 

Use this form to let us know a little bit about your child and your goals for their financial future. If your child is a teen, let us know if you're thinking about a checking account, credit card, auto loan, or other products and services. 

From the first dollar to heading off to college, ACU is here to help parents better prepare their children for financial success. Let us know how we can help you and your child achieve your financial hopes and dreams! 

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Open Youth Savings Account Today!

Open a Youth Savings Account