Start building healthy money habits early with our youth accounts, designed for members ages 17 and under! Whether your child is just starting to save or ready to take their first step toward financial independence, we offer a range of flexible options—savings, share certificates, and checking—with no monthly fees, low minimum balances, and digital convenience. Plus, youth accounts come with the guidance of a parent, grandparent, or guardian as a joint owner*, so you can help your young saver grow their financial confidence every step of the way.
For ages 17 years old or younger
- Youth savings account (minimum balance $5/No monthly fee)
- Youth 3 Month Share Certificate and 6 Month Share Certificate (minimum balance $100/maximum balance $5,000)
- Youth Share Certificates are open for additional deposits throughout the Share Certificate term.
For ages 13-17 years old
- Youth Checking account (No minimum balance/No monthly fees)
- Debit card with Rewards
- Digital Wallet (Apple Pay, Google Pay, Samsung Pay)
All accounts have access to online banking, mobile banking, mobile deposits, and e-statements.
YOUTH SHARE ACCOUNTS
| Account Type | Minimum to Open | Required Balance | APR** | APY*** |
|---|---|---|---|---|
| Youth Savings | $5 | $5 | 0.05% | 0.05% |
| Youth Checking | $0 | $0 | 0.00% | 0.00% |
YOUTH TERM SHARE CERTIFICATES****
| Account Type | Minimum to Open | Maximum Amount | APR** | APY*** |
|---|---|---|---|---|
| 3 Months | $100 | $5,000 | 3.11% | 3.15% |
| 6 Months | $100 | $5,000 | 2.96% | 3.00% |
*Parent/Grandparent/Guardian must be a Joint owner on the account and must be eligible for membership. If Joint Owner is already a member, they must be in-good standing with Credit Union. **APR = Annual Percentage Rate. ***APY= Annual Percentage Yield. CCCCU computes the balance in our share accounts to dividends you will be paid by using the average daily balance method, which applies a periodic rate to the average daily balance in the account for the period. We calculate the average daily balance by adding the account for each day of the period and dividing that figure by the number of days in the period. ****Youth Term Share Certificates will automatically renew at the current term certificate rate.
