YOUTH ACCOUNTS

Youth Accounts are a great way to start for ages 17 and under. Use the youth account as a tool to help children understand basic money management.  For instance, with a deposit account you can help your child set goals on how they will save and spend responsibly, then show them how to keep records of, or track, what they have done. Such experience can pave the way for good financial habits when they become young adults.

Texas DPS Credit Union offers a Youth Savings Account and a Youth Checking Account.

Youth Savings Account*

• For ages newborn to 17
• Enjoy a higher promotional savings rate!

Youth Checking Account

• For ages 13 to 17
• Enjoy:
  • Online Banking Tools
  • eStatements
  • Debit Card (Guardian's permission required) 
    Has a lower daily withdrawal limit for security purposes and a parent's "peace-of-mind".

While supplies last, when you open a Youth Account you may choose one of following useful items.

Youth accounts must be opened with a guardian.
Social Security numbers are required, as with any account for any age.

* One savings account per youth under the age of 18.  Higher interest is earned on balances up to $500.  For balances over $500, the first $500 will earn the higher promotional rate while the overage difference will earn at the regular savings rate. Promotional interest rates may change without notice.

 Federally Insured by the NCUA