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Help a young saver build healthy money habits with a CFCU Youth Savings Account and earn 5.00% APY on balances up to $1,000.*
Parents can open a Youth Savings account for their child online. No branch visit required.
Add money to help your child work toward their goals.
Earn the promotional APY on qualifying balances.*
Type |
Dividend Rate |
Minimum Balance |
APY*
|
|---|---|---|---|
| Youth Savings* | 4.91% | $0-$1,000.00 | 5.00% |
| 1.49% | $1,000.01-$20,000.00 | 1.50% | |
| 0.05% | $20,000.01+ | 0.05% |
*APY= Annual Percentage Yield. Yields may change after opening, and are subject to change without notice. This APY reflects a blended rate. Fees may reduce earnings. Rates are subject to change without notice. Limit one Youth Savings account per member. See our Member Agreement Booklet for full details.
CFCU has proudly served Metro Detroit families for 70 years, from a child’s first savings account to their first car and beyond. Bank anytime with convenient digital services or visit one of our 12 local branches.