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Youth Savings
Parents, Count EARN’est the SAVERtooth Tiger says Youth Savings at Fairmont Federal Credit Union is smart! Our Savertooth Savings account was designed for our junior members 12 years old and under. After all, it's never too early to learn good money-saving habits. Kids will enjoy learning with this easy, low-maintenance account.
Hurry in to set your child on the path to a bright future with our high-yield Youth Savings Club Challenge for our members 17 years old and under. Check out the Savings Challenge link for easy and creative ways to build your savings.
Count EARN'est The SAVERtooth Tiger Coloring Page
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Savertooth Savings Account Details
- Savertooth savings account designed for our members age 12 and under*
- Build your first savings account and increase financial literacy
- Earn dividends on your savings when you maintain a $50 minimum average daily balance
- Free coin counting
- Free online banking
- Free e-statements
- Low $5 minimum opening deposit — your share in the Credit Union
- Youth financial education resource with Banzai
Youth Certificate Special
This special is for our youth accounts up to age 17 years old, one certificate per social security number, Jumbo rates do not apply.
| Term | Min. / Max. Balance Requirement | Dividend Rate | APY* |
|---|---|---|---|
| 12 month | $500 / $500 | 4.89% | 5.00% |
*APY = Annual Percentage Yield. Rates subject to change without notice. Penalties may be incurred for early withdrawal of term share certificates. Membership eligibility requirements may apply.
Youth Savings Challenge Club Details
- Savings Challenge Club designed for our members age 17 and under*
- One Savings Club Challenge Account per social security number
- Receive up to 5.00% APY* on balances up to $500
- Balances over $500 earn APY of .10% on portion of balance over $500, resulting in a range from 0.10% to 5.00% APY
- Free coin counting
- Free online banking
- Free e-statements
Rates effective as of 6/25/2019. Rates subject to change without notice and may change after accounts are opened. APY = Annual Percentage Yield.
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Click here for fun and creative ways to start your savings and watch it grow.
Savings Challenge*Parent or guardian must be joint on the account and be present with photo ID and child's birth certificate and SSN card. Membership eligibility requirements may apply. Rates effective as of 6/25/2019. Rates subject to change without notice and may change after accounts are opened. APY = Annual Percentage Yield.
