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The kids bank account that pays.

Jumpstart their savings with all of the fun and none of the fees. Our Kids Savings Account helps youth get on the right financial track!
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YOUTH/KIDS/TEEN SAVINGS RATES

1APY – Annual Percentage Yield. Rates may change after the account is opened. Terms, conditions, and services are subject to change without notice. Fees could reduce earnings on the account. Certain restrictions may apply. Subject to membership eligibility.

Rates as of: February 1, 2024
Account Balance
Min Balance to Receive Dividends
DIVIDEND RATE
APY1
Account Balance
$5 - $99.99
Min Balance to Receive Dividends
$5.00
DIVIDEND RATE
0.25%
APY1
0.25%
Account Balance
$100 - $4,999.99
Min Balance to Receive Dividends
$5.00
DIVIDEND RATE
0.50%
APY1
0.50%
Account Balance
$5,000+
Min Balance to Receive Dividends
$5.00
DIVIDEND RATE
0.75%
APY1
0.75%

1APY – Annual Percentage Yield. Rates may change after the account is opened. Terms, conditions, and services are subject to change without notice. Fees could reduce earnings on the account. Certain restrictions may apply. Subject to membership eligibility.

Start your Youth Savings Account application

Best Savings Account for Kids

Start teaching them good financial habits that will last by opening a Youth Savings Account. Help your kids (or grandkids) learn about saving, spending, sharing, and earning all while setting them up for financial success!

Father and children put money in a piggy bank savings account for youth savings account at CCCU

Get $50 for Opening

We love to help kids save. That's why we deposit the first $50 to every Youth Savings Account!2

Free Coin Counter

Because every penny counts, at CCCU, we send home a free coin counter with every kids bank account!

Low Minimums

Why wait? With just $5, start teaching your kids the value of money when you open a Youth Savings Account!

Earn Dividends

Teach them about earning. Our Kids Savings Account earns dividends even at the minimum balance of $5!
Open Savings Account

What is needed to open a kids bank account?

We want to help kids develop smart, healthy financial habits, so we make it easy to open a Youth Savings Account at CCCU.  Just have the following during account opening:

  • Adult: A parent, guardian, or adult relative must be present to open a Kids Savings Account in any of our local branches.
  • Identification: We'll ask for the child's personal information, including their social security number. As joint owner, you'll also need your photo ID.
  • Deposit: Our Kids Savings Account only requires a $5 minimum opening balance!
Start Saving Today
Teenager and mother discuss youth savings account at CCCU
CCCU Budgeting eBook

Start building your perfect budget today!

Our Budgeting Tips and Tricks: Quick Solutions to Start Saving Today guide provides everything you need to build your perfect budget and start saving money today.

Ready to get started? Download your guide now:

What our members are saying:

“I stopped in to open an account for my teenager.  They were so friendly, patient, and helpful.  We never felt rushed, we got all our questions answered, and he is now the proud owner of his own account!  Thank you, CCCU.”

Jen K.

“CCCU helped me open an account for my grandchild, and they gave her $50 just for opening the account.  It's helped her learn to save and use a bank.”

James Y.

“CCCCU cares about the Community, their Work Family, & You! Impressive. Ask for Alan!”

R.J.W.

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FAQs About Kids Savings Account

What happens to a Youth Savings Account once the minor turns 18?

Once the minor turns 18, the money in their Youth Savings Account will be transferred into a Primary Share Savings Account and their Youth Savings Account will be closed. 


With their own Primary Share Savings Account, they will gain access to all the valuable products and services we offer that help our members reach goals at various life stages.

Is there a minimum account balance for a Youth Savings Account?

Yes, there is a minimum $5.00 membership deposit to open and maintain a Youth Savings Account. 

Can you open a Youth Savings Account online?

No, a Youth Savings account cannot be opened online. Please contact a CCCU Member Advisor to open this particular account. You'll need the child's personal information, including their Social Security Number.

How can I contribute to my child/grandchild's savings?

As a joint owner on the account, you have the option to set up recurring deposits and help them save. You could also visit the credit union each month to make a deposit together!

DISCLOSURES

2 Account must be opened for a new member age 17 and under. A $50.00 savings incentive will be deposited into the account within five business days of account opening. Incentives received are subject to IRS 1099-INT reporting. Membership eligibility is required. All new accounts are subject to CCCU standard account membership terms and disclosures. We reserve the right to change or end this promotion at any time.

We do not knowingly market to children online, and we do not knowingly solicit to or collect data from children under 13 without express parental consent or notification. We recognize that protecting children's identities and their online privacy is important. If you believe your child has provided personally identifiable information to us, please contact the credit union so we can allow you the opportunity to review the information and request we delete it.

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© Consolidated Community Credit Union 2024 | 2021 NE Sandy Blvd Portland, OR 97232 | Routing #: 323075136 

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CCCU is committed to serving all persons within its field of membership, including those with disabilities. We strive to make not only our physical branches accessible but also to conform to WCAG 2.0 guidelines for website accessibility. Our efforts are ongoing including frequent testing and updates to improve accessibility. Should you have any problems accessing our branches or website, please contact us so that we may promptly assist you and remedy any accessibility concerns.

Consolidated Community Credit Union is an assumed business name of Consolidated Federal Credit Union. Consolidated Community Credit Union, CCCU, and Consolidated Federal Credit Union are service marks or registered service marks of Consolidated Federal Credit Union. All other marks not owned by Consolidated Federal Credit Union that appear herein are the property of their respective owners, who may or may not be affiliated with, connected to, or sponsored by Consolidated Federal Credit Union. Consolidated Community Credit Union, CCCU-Cascade, and CCCU are trade names of Consolidated Federal Credit Union. Although these branches have different names, they are all part of the same credit union and shares held at each office are not separately insured.

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