Youth Savings Accounts
We want to help our youth learn to manage money and a bank account. Texas Federal offers 2 youth accounts and extensive resources to help youth learn about banking.
Abby's Adventures- For children 0-12 years of age.
The Abby's Adventures Saving Program was designed to help parents and grandparents teach children and grandchildren about the importance of saving money. The program is designed to teach this serious lesson through a fun, enjoyable approach. Your child will learn how to save money and why to save money!
How does the Program Work?
Your child's account is just like your savings account. It earns dividends, there is no monthly service charge, and it only requires a $25 minimum balance. After setting up the account kids can then begin to make deposits into their very own savings account. Taking this step will put your child on the road to a lifelong relationship with the credit union.
Making Learning Fun!
Upon opening an account, your child will receive an Identification Card, Record Keeper and Beagle Buck Saver. These items will make saving easier and help teach your child how to track their savings. As your child brings money to the credit union to deposit, they will receive one Beagle Buck for each $5.00 they deposit into their account; they can use the Beagle Bucks later on to purchase prizes. Specific details will be provided at the time of the offer or event. Adventurers will also receive a periodic newsletter, Birthday Card from Abby and much more!
Young Texans Checking- For youth 13-17 years of age.
We want to partner with you to help teach your Young Texan how to bank. The Young Texans checking account offers FREE VISA Check Card (debit card), FREE N.E.T. (telephone teller), FREE i-N.E.T. (online banking), *FREE E-Pay (online bill pay), *FREE E-Statements, *FREE Check Imaging and no Monthly Service charge. Now when your Young Texan is in line at the movie theater, they'll have the tools they need to know if they can have popcorn too!
You can also find great tools for helping your Young Texan make financial decisions below.