Youth Accounts

Promote healthy money habits early
It’s your Advantage

Help Your Child Take Control of Their Finances

Our Youth Spend & Savings Accounts allow you to teach your child the responsibilities of managing money that will pay off as they grow into adulthood.

Shield class=”wrapper”>

Parental Controls

As the parent or legal guardian, you’re the joint account holder which means you can set daily debit card limits, receive account alerts, and monitor their spending activity.

No fees etc class=”wrapper”>

No Fees

Enjoy the peace of mind knowing your child will not be charged monthly service fees or overdraft fees.

Deposit class=”wrapper”>

Early Direct Deposit

Teach your teen the responsibility of budgeting their paycheck sooner rather than later with our Early Pay perk.

Youth Savings Account

  • Available to members 17 years of age and younger
  • Ideal account for birthday money and income earned from part-time jobs
  • Combine with the Youth Spend Account to practice daily money management

Open a Youth Savings Account

Youth Spend Account

  • Available to members 17 years of age and younger
  • Requires a Savings Account with $5 minimum deposit
  • Includes a Debit Mastercard*
  • Early Direct Deposit with Early Pay*
  • At age 13, parents can grant their child access to our free Digital Banking tools

Open a Youth Spend Account

Today’s Rates

Youth Accounts

Account

Dividend

APY*

Opening Balance

Compounded/Credited

Average Daily Balances**

*APY = Annual Percentage Yield
**Average Daily Balance required to earn Dividends
Rates are subject to change at any time and are not guaranteed. Rate may change after the account is open. Fees may reduce the earnings on the account. For additional information on your account please see your Membership & Account Agreement. If you have any questions or require current rate information please call the credit union at 757-877-2444.

Account

Youth Spend

Dividend

0.05%

APY*

0.05%

Opening Balance

$5.00

Compounded/Credited

Quarterly

Average Daily Balances**

$100

Account

Youth Savings

Dividend

0.05%

APY*

0.05%

Opening Balance

$5.00

Compounded/Credited

Quarterly

Average Daily Balances**

$100

Stories that Empower & Inspire

Explore our resources on financial wellness and how to manage money the smart way.

Senior person hugging their grandchild

Five Easy Steps to Save for Big Ticket Items

Whether you’re saving for a new computer, the security deposit for an apartment or a down payment on a house,…
Learn more
A young couple does online research about how to save money for retirement in your 40s.

How Much to Save for Retirement

Start planning for retirement now. Save early and save often, no matter how much you earn.
Learn more
Two smiling people looking at a laptop together

The Importance of Credit History & Successful Savings

Having a strong credit history, reflected in good credit scores, allows you to qualify for lower interest rates and fees.
Learn more

Ready to Open a Youth Account?

Open an Account Online
Get Started
Get instant member help
Chat online