Who says a buck doesn’t get you anything these days? Here, with a $1 initial deposit, kids of all ages will get a savings account specially designed for them. It’s full of extras too – like birthday gifts, fun learning opportunities, and best of all, the chance to watch their money grow. That’s a lot of value for $1, don’t you think?
Jump start your financial future! We want to help you build a solid foundation to provide everything needed to take the first step towards financial freedom and independence. With Jump Start Savings1 at Y-12 FCU, we can help your money grow fast by earning 2.00% APY2 on your first $5,000.
A Y-12 FCU Jump Start Savings account can earn 2% annual percentage yield on the first $5,0002
Jump Start Savings Account is for ages 0-23
Only $1 to open an account and establish credit union membership
$0 monthly service fees
FREE financial education tailored to early learners and savers
Introduce your child to The Penny Penguin Club, Y-12 Federal Credit Union’s exciting savings program especially for kids ages 12 and under. The Penny Penguin Club is designed to help our young members learn the value of money. With The Penny Penguin Club, kids will have the tools needed to learn financial responsibility.
An ID card and holder containing a passbook to keep track of account transactions and a plastic coin that can be saved and redeemed for prizes
Penny Penguin Club birthday card mailed during the child’s birthday month that can be redeemed for a free gift
Special one-year Jump Start Share Certificate ($100 minimum) designed to motivate kids to save money
All members in this age range will be automatically enrolled in The Penny Penguin Club
Want to take your financial development to the next level? Our Achieve for K12 program is a fun and interactive way to engage in learning essential financial skills to help on your journey.