Every First Credit Union relationship begins with a savings account – it’s how you become a member! It’s also the foundation on which you can build your financial future.
There is no minimum age required to open a savings account, which makes all First Credit Union savings accounts – including money markets and certificates – youth accounts.
You just need a Social Security Number or Tax Payer ID. Plus, new members 24 and under receive a complimentary $5 opening savings account deposit!
Money can be confusing. Learning about money can be even more challenging. We’re here to help. First pay check, first debit card, first car loan — we’ve got you covered with options designed specifically for young adults. Plus, click on Learn to find useful videos, guides, and tutorials about budgeting, car buying, managing your checking accounts, and more. It’s all free and available 24/7.
We make it easy to manage your money on the go with cool stuff you want, need and expect like digital banking apps, text banking, remote check deposit, personal financial management tools, and tons of surcharge-free ATM locations coast-to-coast. Click on Learn and select Convenience for more information.
IS THERE A MINIMUM AGE TO OPEN A SAVINGS ACCOUNT?
No. There is no minimum age required to open a savings account at First Credit Union. This means all of our savings accounts—including money market accounts and certificates—can serve as youth-friendly accounts for members at any age.
WHAT DO I NEED TO OPEN A YOUTH SAVINGS ACCOUNT?
You only need a Social Security Number or Taxpayer Identification Number to open a savings account. A parent or guardian may be required for minors depending on account setup.
IS THERE A SPECIAL OFFER FOR YOUNG MEMBERS OPENING AN ACCOUNT?
Yes. New members age 24 and under receive a complimentary $5 opening deposit when they open their first new membership savings account with First Credit Union.
WHAT TYPES OF SAVINGS ACCOUNTS ARE AVAILABLE FOR YOUTH MEMBERS?
All First Credit Union savings options are available, including traditional savings accounts, money market accounts, and certificates—so youth members can start simple and grow into higher-earning savings over time. A parent or legal guardian is recommended to be listed on the account.
CAN KIDS OR TEENS HAVE THEIR OWN SAVINGS ACCOUNT
Yes. With a parent or legal guardian, youth members can open a savings account where they are listed as the primary member to start building healthy money habits early.
