Youth Savings
Teach your children healthy savings habits
With an SCCU Youth Savings account, children develop healthy savings habits and gain money-management experience with your guidance. This free account earns dividends and offers convenience, like mobile check deposit and online account transfers.
Product Features
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Youth Can Have Funds Deposited on Their Behalf
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Converts to a regular Savings at age 18
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Free Online Banking & Mobile Banking60
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Free Mobile Deposit29
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Account Alerts to Monitor Activity
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Schedule Auto Transfers to Make Saving Easy
- Free CALL-24 telephone banking
- Free Statements
Minimum opening deposit |
$5 |
---|---|
Transaction limit |
None |
Earns interest |
Yes |
Minimum daily balance |
None |
Monthly low balance fee |
None |
Monthly service fee |
None |
Requires an adult joint account holder |
Yes |
Balance | Interest Rate | APY^ |
---|---|---|
$0 - $499.99 | 0.04% | 0.04% |
$500 - $99,999.99 | 0.04% | 0.04% |
$100,000 and over | 0.04% | 0.04% |
Minimum average daily balance required for some accounts. Rates are accurate as of the effective date displayed, and they are subject to change. The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate and the frequency of compounding for a 365-day period. Fees may reduce earnings on the account.