Youth Savings Accounts
Teaching kids about money early sets them up for lifelong financial success.
Star Savers Youth Account
AlliedFCU’s Star Savers Youth Account makes it easy to start building healthy money skills from an early age.
- Low opening balance of just $5
- Earn 5.01% APY on balances up to $500
- Get special birthday recognition and prizes for reaching savings goals.
This account is required for a youth to become a member of AlliedFCU.
Star Savers Share Certificate
Start with $100 and add deposits anytime during the 12-month term.2
1APY = Annual Percentage Yield. The Star Savers Savings account is a tiered-rate account for minors under 18 years of age. A parent or legal guardian must sign on the account. Minimum to open is $5.00. A higher rate (5.01% APY) is paid on daily balances up to $500 and a standard Savings rate (0.04% APY) is paid on daily balances over $500. Rates are current as of 10/01/2024 and are subject to change. Only one Star Savers Savings account allowed per youth. The account switches to a regular Savings account in the month following the account holder’s 18th birthday. Other restrictions may apply.
2$100 minimum balance. A penalty will be imposed for early withdrawal. APY is the Annual Percentage Yield and assumes principal and interest remain on deposit for the term of the certificate.
