Kids Savings

Teach kids about finance as they watch their money grow.

We Make It Easy For You To Earn More So You Can Save More*


6.00% APY*


Starting a Kids Savings account for a child is about more than just saving a few dollars. It’s a starting point for critical life lessons about money and how to manage it for a successful financial life.

Features of Kids Savings Accounts


Best Rate In Town

A Call Federal youth savings account can earn up to a 6% APY on the first $1,000*.

$5 To Open

Only $5 to open an account and establish credit union membership – but we’ll take care of that for you!**

No Service Fees

$0 monthly service or maintenance fees

Free Financial Education

Tailored to early learners and savers

Kids Need To Understand Personal Finance

As grown-ups, we owe it to younger generations to teach them about money and finance. Get a head start in your child’s development of strong money management skills, and lay the building blocks to a bright financial future.

Call Federal is committed to teaching young people about money and finance.

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What Makes Kids Savings An Exceptional Option For Young Savers

As grown-ups, we owe it to younger generations to teach them about money and finance. Get a head start in your child’s development of strong money management skills, and lay the building blocks to a bright financial future.

Hands-on experience with savings using our Online Banking and FREE financial education called Money & Beyond Jr. which is tailored to meet your needs to support your early saver in this new adventure.

  • We will make the first deposit into your Kids Savings Account.**
  • The ultimate digital banking experience, whether from your desktop or smart phone.
  • Receive wise advice and overwhelming kindness from the Call Federal Credit Union Team.



“I started teaching my son about money by paying him nickels for household duties. Now he gets excited to review his Call Federal Kids Savings account statement and watch his money grow with little effort.”

Michael H.
Call Federal Credit Union Member

Opening an account is easy!


Complete the “Open a Kids Savings Account” form so we can be in touch with you to schedule an appointment.
The parent or legal guardian of the child must be joint on the Kids Savings account so please be sure to bring your ID. You will also need to provide your child’s social security card, school student ID, or DMV-issued ID.

Youth Account FAQs

Yes, all minor accounts require joint ownership with a parent or legal guardian

Our youth accounts are for ages 0-17, it’s never too early to save and become a member of the credit union.

No, while school ID and state ID’s are a great bonus, we only require a Social Security card on file to establish an account for minors under the age of 13.

Youth Accounts can be established by parents or legal guardians. However, grandparents can take advantage another great option to help their grandchildren on their pathway to savings. Our Virginia Uniform Transfer to Minors Act (VUTMA) is an account for parents, legal guardians, or grandparents to nest away a financial gift for their loved one. The custodian over the account can decide the right age of 18, 21, or 25 to gift the account to their child or grandchild. Call or visit a branch today to learn more about our VUTMA account or open their custodial account today.

Yes, your child will have access to their account with a FREE instant issued ATM card

Great question! Within the first months of your child turning 18, their youth account will be transferred into their 01 savings account to retain their credit union membership. But don’t worry, at age 17 we will let you know of all the new added features and benefits on the next stages of their financial life.

Open a Kids Savings Account

and give your child an advantage for their future!

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*APY = Annual Percentage Yield. 5.87% Dividend Rate to 6.00% APY applies to balances $1,000.00 and below. 5.88% Dividend Rate to 5.99% APY applies to balances between $1,000.01 to $1,044.68. .25% Dividend Rate to 0.25% APY applies to balances $1,044.69 or greater. You must be 17 years old or younger to open with an adult joint owner and meet membership eligibility requirements. Account disclosures will be provided at account opening or upon request. The account balance will be automatically transferred to a Primary Share Savings account during the calendar quarter following your 18th birthday. Rates may change after account is open. Listed APY is current as of June 25, 2024. Fees may reduce earning. **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.

Launch Your Child's Financial Future Today!

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Call Us

Our member service team is ready to answer your questions about saving with Call Federal.

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Visit a Branch

You can open a youth savings account at any of our six convenient branch locations.

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Family Discounts

View our member discounts including amusement park tickets.