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.

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.

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.