youth & teen Accounts


 

Savings is the first building block of a healthy financial lifestyle.  Go beyond the piggy bank and start teaching your child or teen to save with their own Credit Union of Ohio savings account. 

All our savings accounts are federally insured by the National Credit Union Administration to at least $250,000 and are backed with the full faith and credit of the government.

 

  Youth Club Savings

Teen Club Savings

Educational Growth Cerfiticate
Account Details For kids 12 and under, this account is the first step in learning the importance of saving for the future. For teens 13 to 17 years, this account is the first step in learning the importance of saving for the future. Save for any educational expense with this special certificate just for members 17 and under.
Minimum to Open

$25

$25

$200

Dividend Compounding Monthly Monthly Quarterly
Funds Accessibility Unlimited deposits and withdrawals1  Unlimited deposits and withdrawals1 Unlimited deposits; funds are locked in until child reaches 18th birthday, when the funds are transferred to share savings.
How to Access Funds Teller, AudioConnect, WebConnect, ATMs2 Teller, AudioConnect, WebConnect, ATMs2 Teller, AudioConnect, WebConnect to make deposits only
Additional Benefits5

• Free e-Statements

• Build with payroll deduction

• Federally insured

• Free e-Statements

• Build with payroll deduction

• Federally insured

• Make deposits anytime, including payroll deduction

• Variable rate with a guaranteed minimum and maximum

• Free e-Statements

• Federally insured

1-Certain transactions are limited by federal regulations, refer to you Account Disclosure for more information.  2-ATM cards are available with Youth and Teen Club accounts; there is a $1 monthly charge for an ATM card and a limit of two free ATM transactions per month, then $1.50 each.  If you need more ATM access, we recommend opening a checking account.