Little ones can save big, too
Kids can save and learn when they put money they don't plan to use for a while in a Youth Certificate.
Earn dividends
Earn more and watch the savings grow.
Dividends compound quarterly
Quarterly compounding lets kids see their earnings increase frequently.
Flexible terms
Choose from 12- and 24-month term options.
Add-on deposits
Your child can add money to their certificate during the term to earn more.
Payment options
Kids can reinvest or transfer dividends to another account.
Low minimum balance
Open with just a $250 minimum deposit.1
Today's rates
View more rates24 months
As high as % APY2Calculate your monthly savings3
Final Balance
Contributions: | Earnings:Keep adding, keep earning
With a Youth Certificate, funds can be added at any time during the term to earn more dividends on the increased balance.
We make it easy
Certificates are a great way for kids to learn about saving, and they can get started with just a $250 minimum opening balance.
Members regularly rave about our competitive rates, convenient locations and friendly staff.
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1
Open an account
It only takes a few minutes to open a certificate at a branch or through video banking.
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2
Make an initial deposit
Start a Youth Certificate with a $250 minimum initial deposit.
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3
Earn interest
Sit back and watch your savings grow!
Have questions? We're here to help!
Saving and learning
Kids can earn higher dividends from their dollars with a Youth Certificate.
And financial education? It’s priceless.
Disclosures
1 $250 minimum balance. Fees could reduce earnings on the account. A penalty will be imposed for early withdrawal.
2 APY is the Annual Percentage Yield and assumes principal and interest remain on deposit for the term of the certificate. The stated APY is effective as of November 21, 2024. Fees may reduce earnings.
3 The calculator is provided for informational purposes only and any calculation is solely an estimate based on the information you provide. There is no guaranteed rate or earnings on a Youth Certificate. Contact Members Cooperative Credit Union at 1-800-296-8871 for more information.
Membership required and subject to account requirements.
Use of online or other electronic services may require specific hardware and software and your agreement to certain terms and conditions. Access is subject to the availability of the internet, cellphone and network coverage and plans, and typical service interruptions stemming from your providers or the credit union’s providers.
Rates
Youth Certificate rates
| Account | Minimum balance | APY |
|---|---|---|
|
Youth 12 Month Share Certificate |
$250.00 |
1.70 |
|
Youth 12 Month Share Certificate |
$100,000.00 |
1.80 |
|
Youth 24 Month Share Certificate |
$250.00 |
2.10 |
|
Youth 24 Month Share Certificate |
$100,000.00 |
2.20 |
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