We believe kids should learn about money management at an early age so they can succeed financially as adults.
Start with a savings account and the child can learn how even small amounts of savings can add up. Our young members can learn the basics of saving, spending, and earning money through PUPPY POST, a quarterly newsletter featuring games and activities.
As the child ages and matures, it might make sense to grow into a checking account and learn the responsibility of a debit card.
Single or joint accounts are available to our young members.
| |
Savings Account for ages 10-17 |
Checking Account for ages 12-17 |
| Account card |
ATM Card* |
Debit Card |
| Minimum to open |
$5.00 |
$20.00 |
| Minimum Balance |
None |
None |
| Monthly fee |
None |
None |
| Earns Interest |
Yes |
No |
| Statements |
Quarterly |
Monthly |
| Access to DFCU Online |
Yes |
Yes |
*ATM card limits automatically change with member’s age
Youth accounts can easily and safely be managed via DFCU Online or DFCU Mobile
- Check account balances in real-time
- Monitor and track spending
- Deposit a check anytime, anywhere with Mobile Deposit
- eDocuments: review monthly statements online
Types of identification needed to open an account:
One of the following types of ID listed below are needed to open an account.
- State ID
- U.S. passport
- Driver’s license
- School ID with photo and either birth certificate or Social Security card
- School ID without photo, birth certificate and Social Security card