YOUTH SAVINGS ACCOUNTS
Raise a money-savvy kid with our Achiever's Club
Teach your child smart money habits that will last a lifetime. Our Achiever’s Club Savings Account is for anyone 19 and younger.
Youth Savings Account
Regular Savings Accounts
YOUTH SAVINGS ACCOUNTS
Raise a money-savvy kid with our Achiever's Club
Teach your child smart money habits that will last a lifetime. Our Achiever’s Club Savings Account is for anyone 19 and younger.
Kids Savings Account Benefits
Competitive Rates
Help your child's savings grow faster with interest rates that beat a regular piggy bank.
No Monthly Fees
Their money can flourish without annoying monthly fees reducing it.
Financial Education
Teach your child about money management and financial responsibility from an early age.
Additional Details
Give your child the foundation for smart savings habits and financial success. The Achiever’s Club Savings Account is a powerful tool to build a bright future.
It features:
- No monthly fees
- Dividends paid on daily balance to $0
- Automatically converts to Regular Savings account on 19th birthday
- $5 minimum to open
- Federally insured up to $250,000
- Six free withdrawals per month; $0.50 after that
Open an account today for your child to start them on the path to financial independence.
Additional Details
Give your child the foundation for smart savings habits and financial success. The Achiever’s Club Savings Account is a powerful tool to build a bright future.
It features:
- No monthly fees
- Dividends paid on daily balance to $0
- Automatically converts to Regular Savings account on 19th birthday
- $5 minimum to open
- Federally insured up to $250,000
- Six free withdrawals per month; $0.50 after that
Open an account today for your child to start them on the path to financial independence.
YOUTH SAVINGS
How to open an account
- Apply: Click the link below or visit a branch to start your application.
- Add Funds: Make a $5 minimum deposit.
- Start Saving: Help your child set a savings goal and create a plan to reach it. Consider matching their deposits to double the impact.
YOUTH SAVINGS
How to open an account
- Apply: Click the link below or visit a branch to start your application.
- Add Funds: Make a $5 minimum deposit.
- Start Saving: Help your child set a savings goal and create a plan to reach it. Consider matching their deposits to double the impact.
★★★★★
"They are always very helpful, very patient, and I never feel rushed, which is very important to me."
- Rhoda M.
CD SPECIALS
Help your child earn even more money!
Our Youth Certificate offers tiered rates and a 12-month term. It’s the perfect way to teach kids how to invest!
- Lock in your rate for a 12-month term
- Tiered rates allow you to earn more money
- As low as a $100 minimum balance to open
- Add funds any time in increments of $50
- Automatically renewable at then-current market rates until they’re 19 years old.
CD SPECIALS
Help your child earn even more money!
Our Youth Certificate offers tiered rates and a 12-month term. It’s the perfect way to teach kids how to invest!
- Lock in your rate for a 12-month term
- Tiered rates allow you to earn more money
- As low as a $100 minimum balance to open
- Add funds any time in increments of $50
- Automatically renewable at then-current market rates until they’re 19 years old.
$100 FOR YOU! $100 FOR THEM!
Refer a Friend for $100
Refer a friend to open their first checking account with Columbia CU and we’ll deposit $100 into BOTH of your accounts. Just our way of saying thanks—and welcome! And, a great way for you to share the value offered through Columbia Credit Union membership with your friends and family.
$100 FOR YOU! $100 FOR THEM!
Refer a Friend for $100
Refer a friend to open their first checking account with Columbia CU and we’ll deposit $100 into BOTH of your accounts. Just our way of saying thanks—and welcome! And, a great way for you to share the value offered through Columbia Credit Union membership with your friends and family.
YOUTH
Teach your kids how to earn with Fern.
Use Fern with your kids to incentivize tasks and chores, reward good grades, and more—all while teaching them about spending, savings, and earning.
Fern links to your child’s account so they can:
- Earn cash for doing chores
- Borrow money from mom and dad
- Learn about budgeting
- Receive ongoing allowance
Register for Fern in Online Banking and the Columbia CU app.
YOUTH
Teach your kids how to earn with Fern.
Use Fern with your kids to incentivize tasks and chores, reward good grades, and more—all while teaching them about spending, savings, and earning.
Fern links to your child’s account so they can:
- Earn cash for doing chores
- Borrow money from mom and dad
- Learn about budgeting
- Receive ongoing allowance
Register for Fern in Online Banking and the Columbia CU app.
Youth and Teen Savings FAQs
Yes! You can enroll in digital banking to allow them to check their balance, review transactions, and learn about managing their money independently. They can log into the online portal on the website or through our popular mobile app.
Absolutely! This account is designed to help them save for short-term goals and long-term dreams. Whether it’s a new bike, college expenses, or even their first car, our Youth Savings account and the power of dividends can get them there. It also automatically converts into a Regular Savings account on their 19th birthday.
A Youth Savings account is a powerful tool to help your child learn money management skills. It’s a safe place to deposit money and watch it grow with earned interest. There are no monthly maintenance fees; you can start saving with a small minimum opening deposit.
The key to growing their savings is consistency! Make regular deposits, even small ones. The magic of a savings account for your child is that you earn interest on top of what you save. The earlier you start, the more time the money has to grow!
Yes! If you’re the child, a parent or guardian must be a co-account holder until you’re 18 years old. This is a great way to learn about saving together. They can help you track your progress, set goals, and make smart decisions about your money.
Absolutely! We offer free and easy-to-follow financial education courses designed specifically for youths. Each budgeting, saving, and investing course consists of modules that take roughly 10 minutes to complete.
Here’s what the 2nd step of the “Smart Budgeting” course looks like:
Financial education lesson
Youth Education
Check out our Youth Education Center to find engaging content developed to guide 7th-12th graders as they begin their first financial journey.
More options to prepare for the future
IRAs
Planning for a worry-free retirement or funding your child’s college education? With our IRAs, you can enjoy tax benefits and flexible withdrawal choices, making it simple to create a secure financial future!
Holiday Club Savings
Save all year long, earn dividends to boost your savings, and have funds ready right in time for holiday shopping. Opt for our Holiday Club Savings account for a stress-free holiday season!
Spend Checking
Now is the perfect time to start building smart spending habits, and our youth checking account makes it easy. With no monthly fees and a free debit card, it’s an ideal way to teach your kids valuable money management skills.
Financial education lesson
Youth Education
Check out our Youth Education Center to find engaging content developed to guide 7th-12th graders as they begin their first financial journey.