Kids Savings Account

Kids Savings Account Rates

Start their savings journey with real earning power. At Allegiance Credit Union, kids earn the same great rates as adults, helping them build confidence and a strong financial foundation.

Account Type	APY*	Minimum To Open
Savings Account	0.05%	$5.00

Effective Date November 16, 2020

*APY = Annual Percentage Yield. $5 minimum deposit to open. Dividends paid quarterly on average daily balances of $25 or more.

EARN DIVIDENDS

Kids earn quarterly dividends with an average daily balance of $25 or more.

EARNIE'S CORNER

Kids get access to Earnie's corner to make deposits just like the grown-ups!

FREE GIFTS

Kids get a prize for every deposit when they use Earnie's Corner, a kid-sized banking area!

BUILD HABITS

Our program helps them build strong financial habits from an early age.

Meet Earnie The Eagle

More Than Just a Mascot

Earnie helps kids learn about money, and teaches them to be responsible savers. With a Youth Savings Account from Allegiance Credit Union, kids receive a free gift with every deposit they make!

They'll also gain access to Earnie's corner, a special area of the lobby just for kids. It includes a special phone to speak with a teller and even their own deposit tube.

For kids from 0 to 13, open a Kids Savings Account today with just a $5 opening deposit.

What Our Members Are Saying

“This was a fantastic experience all around. Glad I made the choice to join and I look forward to being a member!”

Greg C.

“I would highly recommend Allegiance Credit Union to people looking for a great financial services partner. They treat you like a person instead of an account number.”

Gary G.

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What documents to I need to open a Youth Savings Account?

A valid government-issued ID for the parent or guardian is required in addition to the child’s social security card.

How can I open a Kids Savings Account?

Opening a Youth Savings Account is easy.

Just apply online!

Apply Now

What happens when my child turns 13?

When your child turns 13 their Youth Savings Account will automatically convert to a regular Savings Account.

They also have the option to add a Teen Checking to their account at this age!

Explore Teen Checking

Kids Savings Account

For All The Little Savers