Youth Savings Accounts

Earn 2% APY1 with a Youth Savings account

Young savers who open an account with Florida Credit Union can earn 2% APY1 on balances up to $750.  Florida Credit Union youth accounts are designed to help youth get off to a great financial start with a safe and rewarding place for funds to grow. 

Young savers must be aged 17 and under to qualify for these accounts.

FCU Youth Savings Accounts also come with the following benefits:

Earn 2.00% APY1 for balances up to $750.

No minimum balance requirement.2

Parent can access account via online mobile banking.

Low balance alerts available3 for email and mobile.

No monthly maintenance fee.

Get a piggy bank (ages 0-9) at account opening.

Account Type Interest Rate Annual Percentage Yield Minimum Deposit to Open Minimum Balance to Earn Interest
Youth Savings 1.982% 2.00% $0.01 $0.01–$750.00
Youth Savings 0.050% 0.05% $0.01 $750.01 and more

Interest compounded quarterly; Dividend credited quarterly

Rates effective as of 4/29/2019 and subject to change at anytime

Ready to get your young saver started on the path to financial success?

Stop by your local office today and receive a free piggy bank when you open a youth account in the branch!



How can I teach my kids about savings?

All parents want their children to know the value of a dollar. Whether in high school or pre-school, instilling financial literacy now ensures that your child has a strong foundation for financial decision-making in the future. At Florida Credit Union, it’s about more than the perks and we’re interested in helping young savers grow more than just their money.

Take a look at the resources we’ve compiled on useful ways you can improve your child’s financial knowledge:

7 Lessons For Your Kids - Teach youth how to manage money with these important financial management principles.

Allowance as a Financial Tool - This resource provides a framework for giving an allowance that children can learn from.

The Mint - Discover financial education tips for parents, as well as resources for teaching children sound financial habits.

"Money as You Grow" campaign - Benefit from this collection of tools and activities designed to help children develop and measure their financial capability.



1. Annual Percentage Yield (APY) is effective as of 7/1/2021 and subject to change at any time. Balances $750.01 and above will earn 0.05% APY. Fees may reduce earnings. $5 share savings account required for membership. One account per qualified youth member. Membership eligibility requirements are available here. 2. $5 deposit required to open account online or earn advertised rate. No minimum balance required to keep account active. 3. Text or data rates may apply.

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