The Youth Savings program is designed to promote financial education and growth for children with a Share Bear account, up to 12 years old, and a Teen Advantage account, 13 to 17 years old.
An initial deposit of $5.00 is required plus a $1.00 membership fee to open an account.
A birth certificate and social security card are required for the child.
For newborns, we will deposit the first $5.00 to open the account. The newborn will receive an ID card at the time of opening the account.
A quarterly statement will be mailed, or an E-statement can be arranged.
A birthday card will be mailed each birthday and $1.00 will be deposited into the youth member’s savings Share Bear account.
Check out our new Youth Member Incentive Award Program by clicking on the link to the right.
- Must be sixteen years old
- The first order of checks will be free.
- The account is approved on a 3 month trial basis, if there are any overdrafts, fees or bounced checks the account will be closed.
- If at the end of the three-month period there are no fees, application for a debit card may be made. There will also be another three-month probation period for just the debit card.
Current Savings Rates
Certificate Of Deposit's --- A GREAT BIRTHDAY IDEA!
Money deposited in a Certificate Of Deposit cannot be withdrawn for a year.
We offer a 1-year Certificate Of Deposit.
$5 must remain in the account in addition to the amount deposited for the Certificate Of Deposit.
Minimum deposit required is $100.00.
Incentive Award ProgramsMonthly Deposit Incentive Program
With a minimum deposit of $10.00, youth members ages 0-17 will be entered into a monthly drawing for a $5.00 gift card. In addition, $5.00 will be deposited into the youth member's savings account. How great is that!Good Grades Program
Bring your report card in to the Credit Union at the end of the school year and all youth members (ages 0-17) will receive a cash reward for their hard work all year long!
For each grade of "A" or "E" (excellent) that is achieved, we will deposit $2 into the youth member's account.
For each grade of "B" or "S" (satisfactory) that is achieved, we will deposit $1 into the youth member's account.
A maximum limit of $10.00 per youth member applies.