Start Their Financial Journey Early
A PAFCU Youth Savings Account helps children build smart money habits while earning more on their savings. With our High-Yield Youth Savings Account, kids earn 4.50% APY on balances up to $1,000 (ages 0–18)—with standard dividend rates applied to balances above $1,000.
Why Open a Youth Savings Account?
Give kids a safe, rewarding way to learn about money.
Benefits
- Earn up to 4.50% APY on the first $1,000
- Standard dividend rate applies to balances above $1,000
- Learn saving and money management basics
- Watch savings grow through dividends
- Safe place for allowance and gift money
- Set and achieve savings goals
- Starting early builds lifelong financial habits
Account Features
Simple, secure, and designed for young savers.
Key Features
- High-yield savings: 4.50% APY on balances up to $1,000
- Standard dividend rate on amounts over $1,000
- Available for ages 0–18
- Low minimum opening deposit – $5
- No monthly service fees
- Dividends paid quarterly
- Online & mobile access (with parent/guardian permission)
- Federally insured up to $250,000 by NCUA
Fun Way to Learn
Save allowance and gift money
Set goals for purchases
Track their balance and growth
Learn patience and planning
Designed for Families
A parent or guardian can be joint on the account to guide and support financial learning.