Youth Savings
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- Perfect savings account for kids 12 and younger
- Joint ownership for parents, grandparents, or guardian
- Review balances in Online Banking and Mobile Banking
- $5 inital deposit required
| Savings | 0.50% APR* |
0.50% APY** |
The Piggy Bank that Gives Back
Teach Money Basics
Whether they're saving for a dream toy or looking ahead to save for college, watching the balance on their savings account grow can motivate them to be smarter consumers as they grow up.
Joint Bank Account
An account that you and your child own together. If you opt for a checking account, your child can get access to a debit card. This is
a great way to get your child used to using a bank account for everyday purchases. If you decide on a savings account, your child can gain experience with saving and earning interest. Be aware that the child may be able to overdraft the account or incur fees.
Custodial Account
An account owned by the child but run by a parent or guardian. The guardian may withdraw money as needed for the child, but the child cannot access the account without them until they are 18 or 21, depending on the state. This account is a bit more complicated and comes with some strict rules. It's usually best for long-term savings.
Open Account
Kids Savings Account applications must be transacted via in-person or secure email. Fill out the form below, and we will email you with instructions within one business day. Note: Please use the same name and email you used when setting up your current Members Choice account to ensure you receive the secure email.
Financial Literacy with Members Choice CU and Banzai
Members Choice CU has provided Banzai, an award-winning financial literacy education platform, for your child's classroom. Banzai's interactive courses and workbooks have helped millions of students prepare for real-world finance and gain life-long skills.
Budgeting
They are learning to create and maintain a budget helps set your child up for success in their financial life.
Borrowing
Understanding the obligations associated with and potential risks of borrowing money will help your child make educated decisions.
Saving
Saving doesn't happen by accident. Students learn to prioritize setting money aside now to reach what they want in the future.
Spending
How do you spend smart? This is the question your child will face as they make decisions in the Banzai modules.
Setting Goals
Practice setting and working toward goals will help your child learn the skills they need to reach them.
Parent & Kid Information
Members Choice CU and Banzai are committed to creating healthy economic habits and fostering an attitude of financial wellness for your child's future.
PARENT KID COURSES