Youth Accounts
A Savings Account for Kids and Teens. It is never too early to start developing good money management habits. Help a child build a brighter financial future and open a savings account for them today. No matter their age, First Californian has the right savings account to help them achieve their savings.
Minimum Requirements
- Must meet credit union member eligibility requirements.
- Minimum Balance of $5.00 to open account.
- Minimum of $50.00 to earn Dividends.
- Account must be labeled with FBO (for benefit of) designation.
Product Fees
- Account subject to all General Account Fees: (Refer to Services Fee Guide)
- Monthly Inactive Account Fee (180 Days with no transactions): $0.00
- Monthly Below Minimum Share Balance Fee: $2.00
- Monthly Return Statement / Bad Address Fee: $4.00
Product Features
- Dividends are compounded on the Average Daily Balance of $50.00 or more.
- Dividends are paid monthly.
- Quarterly itemized statement.
- Unlimited deposits and withdrawals.
- Federal Regulation D applies to transfers made to another account or third party during any calendar month. (limit is 6 transfers)
- Funds are Federally insured by the National Credit Union Administration. (NCUA)
Product Benefits
- Grade Rewards earned and deposited in the share account for core classes of Math, English/Language Arts, Science, History/Social Studies.
- A = $3.00
- B = $2.00
- C = $1.00
- Family members can conveniently make automatic deposits or transfers from the First Californian Account.
Find a Branch / ATM
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Find a Branch / ATM© 2024 First Californian. All Rights Reserved. Unauthorized account access or use is not permitted and may constitute a crime punishable by law. ABA Routing Number: 324078640
