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Youth Savings Account

Empower your kids with our youth savings accounts, igniting their financial savvy and setting them up for a secure future.

Their savings need

Room to Grow!


Piggy banks are great, but with a Youth Savings Account, their money will grow with interest every month! Give your child a head start on good savings habits and sign up today. This account is a perfect financial foundation for individuals aged 0 to 17, fostering early savings habits and financial literacy with features tailored just for your child.

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have you started planNing for their future?

College. First car. Wedding. There are plenty of things to save for, and we can help!

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Children (under 13 years of age)

A kids' savings account is like a fun playground where they can learn all about saving and spending wisely, right from the get-go!

  • Money Adventures for Kids
  • Start Small, Dream Big
  • Teach Them to Be Money Masters
  • Show Them the Value of Saving
  • Make Money Management Fun
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Teenager (13-17 years old)

From college to their first car, teenagers have big dreams and goals; saving up for these milestones paves the way for exciting future adventures.

  • Empower Their Financial Journey
  • Build Money Confidence
  • Encourage Responsible Spending 
  • Prepare for Life's Milestones
  • Teach the Power of Saving with our Common Cents Platform
  • Stay Connected with our mobile app, CCU Mobile
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And it keeps getting better!

Youth Savings Account Benefits:
  • No minimum balance
  • No monthly service fees
  • Unlimited withdrawals
  • Dividends paid and compounded monthly based on the average daily balance 
Credit Union Benefits:
  • Free coin machine use
  • Access to award winning digital banking platform

frequently asked questions

Youth Savings gives 0-17-year-olds access to our Savings Account Product, complete with all the benefits, while parents and guardians who are also CCU Members have visibility and control over the account activity. 

Teen account holders can get an ATM Card in their name, and if their parents/guardians are enrolled in CCU Mobile Banking, they can track their child’s account balance and transactions.  The parent or guardian will have the ability to add money, track account transactions, and set up alerts to help monitor activity and balance.

CCU member parents who are joint on their account can both manage the Youth Savings Account. Otherwise, the parent who opens the account will have the ability to manage the account. 

The Youth Savings Account for members under 13 needs to be created and managed by a parent or guardian that is 18 years or older. Teens, between the ages of 13 to 17, do not need a parent or guardian for a Youth Savings Account.

The YouthSavings Account is a fun way for children to learn about banking and how to manage money wisely. They can see their savings grow, and parents will have the oversight to help them make the most of their account.

Commonwealth Credit Union is federally insured by the National Credit Union Administration (NCUA), an agency of the federal government, so all accounts are insured up to $250,000 per member. To learn more, visit our webpage here (link to

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Get a head start on saving for tomorrow
By earning interest and setting money aside for their future, kids and Teens can watch their savings grow and grab hold of exciting opportunities for their future.
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Empower young minds
Our youth savings accounts lets kids and teens dream and imagine possibilities while allowing parents to oversee their financial journey.
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Hit money goals
Give kids and teens financial smarts that can set them on the path to financial success.
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Grows with them
Teens (ages 13-17) have access to their own ATM Card and can use these funds to start a Round UP for Teens Checking Account!

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Ready to Open an Account?

Call or stop by your local branch! Online account opening for youth coming soon!