Mother smiling at daughter discussing school.

Youth Accounts

Power up their pocket money

Youth Accounts with Call Federal build more than savings. They build a financial future.

Kids & Teen Savings Accounts at Call Federal

A journey begins with a single step — start your child off right with the perfect savings account.

Grow Money

Best Rates In Town

A Call Federal Youth Savings Account can earn up to a 6.00% APY on the first $1,000.*

Savings

Low Minimum Balance

It’s only $5 to open an account – we’ll even take care of that for you!**

No Fees

No Fees & No Minimum

Take advantage of $0 monthly service or maintenance fees.

Computer

Free Financial Education

Access the Banzai Financial Education program tailored to early learners and savers.

Mobile Phone

Digital Banking Access

Access and control accounts from your favorite devices 24/7.

Creating a Legacy

Call Federal ensures its future by teaching kids financial fundamentals at an early age.

Call Federal is focused on our youth’s future by teaching financial fundamentals at an early age.

Teen Checking Accounts

A Call Federal Teen Checking account empowers your teenager with knowledge of essential financial tasks along with a whole bunch of cool perks.

No Fees

No Fees & No Minimums

$0 monthly service or maintenance fees and no minimum balance requirements.

Debit or Credit Card

Contactless Visa Debit Card

Your teen has convenient access to their funds when they need it.

Mobile Phone

Digital Banking Access

Access and control accounts from your favorite devices 24/7.

 

Computer

Free Financial Education

Access the Banzai Financial Education program tailored to early learners and savers.

Rates

Youth Savings Account

Average Daily Balance

Dividend Rate

APY*

*APY= Annual Percentage Yield. Last Dividend Declaration Date for Youth Savings: December 17, 2024. Must be 17 years old or younger to open with a parent or legal guardian. The account balance will automatically be transferred to a Primary Savings Account during the calendar quarter following their 18th birthday.

Average Daily Balance

$0.01 – $1,000.00

Dividend Rate

5.87%

APY*

6.00%

Average Daily Balance

$1,000.01 – $1,044.68

Dividend Rate

5.87%

APY*

5.88% to 5.99%

Average Daily Balance

$1,044.69 or greater

Dividend Rate

0.25%

APY*

0.25%

SEE ALL RATES

Run Your Numbers

Use our free calculators to learn why now is the best time to focus on your child’s financial future.

5 Star Review

★★★★★

Call Federal clearly understands the importance of family and community. The entire Call Federal Team consistently makes me feel valued and welcomed.

Matilda W.

Open A Youth Account

Parents or Guardians, please complete the form below to let us know how we can best serve your child.

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Parent / Legal Guardian's Name * Required
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Our Team will be in touch with you within 1 business day once your form is submitted.

Open a Youth Account at Call Federal today

We’re here to help you and yours with the important first steps toward financial empowerment.

Call Us
804.274.1200
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Appointments

Disclosures

**Call Federal will make the minimum $5 deposit required to establish a savings account with the credit union. It must remain in the account for 90 days. To open an account for a minor, we require the parent or legal guardian to be joint on the account. You must also present one form of identification for the minor, which can be a Social Security card, school student identification or DMV-issued ID.