Any eligible child 10 years or younger can open a regular share savings account and belong to the ACT 1st FCU Youth Account! The APY* on a regular savings account is 0.05%. The club offers a great way for kids to save!
Check out these benefits of membership:
Initial deposit of $5.00 into regular share savings account, receive 1st Dr. Seuss book
Receive a new book (until collection is complete) for each additional $25.00 deposited
12 books available
Financial Education: Teaching children how to manage their own finances is a crucial life skill. By introducing them to financial concepts at an early age, we increase the chances of them avoiding the same mistakes that many adults make today. Read our latest blog post with more tips for ways to Supercharge Your Kid’s Financial Future.
APY = Annual Percentage Yield. Rates accurate as of Monday, April 1st, 2024. A $5.00 deposit is required to open an account and earn the advertised APY. Savings dividends are calculated on the average daily balance and compounded and posted monthly. Fees, if any, may reduce earnings. Dividend rates are subject to change without notice, even after the member opens the account. Individuals under the age of 18 years of age must have a parent or guardian as a joint owner in order for the member application to be valid. If the individual is too young for a driver’s license, then co-applicant must have one. Membership eligibility requirements apply. Other restrictions and requirements may apply.
