Youth Savings Account

Youth Savings Account

It's never too early to start saving for a bright future!

IFCU's Youth Savings accounts are special accounts designed to teach kids the importance of saving! Check out your amazing benefits and financial education resources.

Meet Ross the Robot

Click here to read Ross' story!

Youth Quarterly Dividends
Earns Quarterly Dividends
High-yield savings account to get you started early!

Your child will receive dividends on their savings quarterly on balances $0.01 and more!

Youth Quarterly Dividends
Account Opening Gift
Account Opening Gift

Grab some cool IFCU swag just for opening your savings account. Then be on the lookout for your personalized Member Card and quarterly newsletter.

Account Opening Gift
Monthly Drawings
Monthly Prize Drawings
Get your name entered into monthly drawings.

All Savings Account members will be entered into a monthly prize drawing. Want your name entered more? The higher your savings balance, the more times your name is entered!

Mechanical Breakdown Protections

The best kids savings account.

Savings Milestone Goals

Encourage your kids to save and grow their balances. The more they save, the more chances to win.

Free Financial Education

Access to fun interactive financial education, teaching them the basics of money management.

High-yield Savings Account

Interest is earned on any balance. They'll feel all grown up watching their money grow.

Learn. Earn. Grow. Kick-start your child's financial journey with a high-yield Savings Account. Let them watch their money grow, have them set goals and learn first-hand banking experience with fun interactive education resources, and more!

Benefits and Features

  • For ages 17 and under
  • One-time $5 deposit is required to become an IFCU member, giving them access to all the benefits of membership!
  • They will receive a sweet account opening gift
  • High-yield Savings Account - Earns quarterly dividends. View rate
  • Printed member card
  • Savings tracker and activity book
  • Each time they make a deposit in a branch, they will receive a small gift
  • Set goals for their savings and get them entered into a monthly prize drawing. The number of times they are entered each month depends on the balance in their savings account at the end of each month
    • $5 - $99 balance = 1 entry
    • $100 - $249 balance = 2 entries
    • $250 - $499 balance =3 entries
    • $500 - $999 balance = 4 entries
    • $1000 and greater balance = 5 entries
  • They'll have free coin machine access, so bring in all their change
  • Quarterly mailed Youth Newsletter
  • Access to free, fun interactive financial education resources and more

Ready to get started?

With your child, stop by any IFCU Branch location with the following:

  1. A deposit of $5 into a Youth Savings Account to become an IFCU member, giving them access to all the benefits of membership!
  2. Parent or guardian valid government-issued photo ID
  3. Social Security Card
  4. Legal guardianship documents (if applicable)
  5. Parent / legal guardian membership (Parent or legal guardian must be an IFCU member or become a member first)

Fun Interactive Financial Education

Banzai Junior
Banzai Junior
Teach kids finance basics while giving them a taste of summer! 🍋 Check out this fun, free virtual lemonade stand from our partners at Banzai!
Kids Financial Educations
Teaching Children About Money
Teaching Children About Money
Financial education begins at home and what better way to teach your children basic personal finance concepts than with Banzai!
Teaching Children About Money

Youth Savings Rate

Rates effective May 1, 2022

Account TypeBalancesDividend Paid 6/30/21APY*
Youth Savings (Minimum balance to open is $5.00. Dividends are compounded and paid quarterly)$0.01-$249990.15%0.15%
$25000 and over0.15%0.15%

* Annual Percentage Yield (APY); assumes that dividends remain in the account until maturity.

Calculate your Savings

Related Links:


Online Banking

Securely log in by completing the form below.

Forgot Password

New to online banking?
Enroll Now

Personal Loan

Online Banking

Securely log in by completing the form below.

Forgot Password

New to online banking?
Enroll Now

You are about to visit

You are leaving the Industrial Federal Credit Union website. The website you are linking to is not operated by Industrial Federal Credit Union. We are not responsible for any content or information posted to this external website. Industrial Federal Credit Union is not responsible for, nor do we represent you or the external website if you enter into any agreements.

Privacy and security policies may differ between our website and this external site.