Help your child start their financial journey
Make saving fun and empower your child's financial future with a CAFCU Youth Membership! All you need to start a youth credit union membership is $5. Any child from birth through 18 qualifies as long as their parent or guardian is a CAFCU member!
In addition to the Regular Share account your child will have as a member, you can also help them open the following accounts:
Traditional Checking | Ages 16+
Want to teach your child over the age of 16 how to manage paychecks from their first job? Our Traditional Checking account can help young people learn how to track their own credits and debits, all while keeping you in the loop about what they're doing with their money (a parent or guardian will need to be a co-applicant until the youth turns 18.)
This account includes a free debit card!
Specialty Share Savings | Ages 0-18
With a specialty share account, your child can save for whatever they are dreaming of in the near and long terms. They can also name the account to match their savings goals.
Plus, they'll earn interest on whatever they save.
Youth Share Certificate | Ages 0-18
Help your child save for the future at a higher rate with a 6-month Youth Share Certificate:***
- Minimum balance of $250 required
- Maximum opening balance of $1,000
- High-dividend yield
- Automatic rollover upon maturity
Youth Share Certificate*** | APY** | Dividend Rate |
---|---|---|
6-month | 0.75% | 0.75% |
Share Accounts | APY** | Dividend Rate |
---|---|---|
Regular Share Account | 0.05% | 0.05% |
Specialty Share Account | 0.05% | 0.05% |