Youth, Kids, & Teen Accounts
A penny saved is a penny earned
It's never too soon to start teaching money management skills to your kids and teens. With accounts for children and teens, including CD options, youth savings accounts and teen debit card options, our youngest members have the tools and resources they'll need to become financially savvy adults. To open yours stop by one of our office locations or start the process online!
EXISTING MEMBERS OPEN ONLINE
Consumers youth & kids savings accounts are an engaging way for kids 12 and under to make depositing money fun, while teaching great savings habits and money management skills at the same time.
Fun ways to teach kids how to save with our Wimee Kids’ Savings Club
- $5.00 to open an account (Social Security number and qualified parent or guardian required)
- Choice of Consumers piggy bank upon account opening & enrollment in our Wimee Kids’ Savings Club to earn free Wimee swag:
- First deposit = Wimee Sticker
- Second deposit = Wimee Book
- Third deposit = Wimee Plush
Our teen savings accounts and checking accounts help youth learn to manage their own money by introducing checking accounts and debit cards and gaining access to Consumers’ online and mobile banking tools to see them through college and beyond.
Developing money cents
- Savings accounts – $5.00 to open an account (Social Security number and qualified parent or guardian required)
- Checking accounts and debit cards recommended for teenagers 13+ (with a qualified parent or guardian on the account; ask about younger ages)
- Online and mobile money management for teens: Access to Online Banking through our Mobile App puts your teens’ accounts right at their fingertips.
- Financial education opportunities: Access online financial educational courses tailored to your lifestage.
Help the young ones in your life build strong financial habits early with the Yearly Strides Youth CD from Consumers Credit Union. With a competitive 1.75% APY*, flexible contributions from family and friends, and annual renewal until age 18, it’s a smart way to grow their savings year after year. Plus, you can add funds anytime and enjoy one penalty-free withdrawal.
No matter what stage of life you are in, we are proud to be your financial partner as you live, work and play. Take a look at the tools we have to help you learn about finances.
*APY = Annual Percentage Yield. APY is accurate as of October 15, 2025. $100 opening deposit and minimum balance required. $250,000 maximum deposit per member. CD must be opened through the child’s account by an adult in-person at a Consumers location. One penalty-free withdrawal allowed. Additional withdrawals prior to maturity are subject to an early withdrawal penalty fee. Fees may reduce earnings. Limit one promotional account per member number. Federally insured by NCUA.
