Teen Savings Accounts
Stack cash, gain independence.
Nice work. You're already thinking about saving—that's a smart move. Whether you're stashing cash for your first car, college, or just a rainy day, we make it easy to start. With simple tools and no unnecessary fees, you’re in control of your future—because smart money moves start now.
As a for-impact financial institution, we’re dedicated to putting your success first. No matter who you are, where you’ve come from, or what you’re dreaming of, we’ll walk with you to help you get there. Tap to learn more about our for-impact purpose here.
Set yourself on the path future-you will appreciate.
Like a branch right on your phone, you can track, access, and control your account through our app or web portal.
Your money should be your money, so we don’t charge any monthly or maintenance fees that steal your hard-earned cash. All it takes is $5 bucks to become a member and get started!
Your Teen Savings Account grows your savings two ways—with interest AND dividends! (Dividends are earnings that we share with our members as a reward for keeping your money with us!) It’s just one more benefit of being a credit union member at CFCU.
Turn spare change into savings, automatically! Connect your CFCU teen savings and checking with Grow Your Change to round up your spare change to the nearest dollar and deposit it right into your savings. It’s an easy way to save more every time you make a purchase with your CFCU debit card.
The next step to financial freedom: No parent joint ownership required.
You’ve got Impossible Dreams. We’ll help you make them happen.
All good. We’re here to help!
Big money lessons start small. Discover how student-run credit unions help kids build real-world money skills, boost confidence, and create healthy financial habits—right from their school!
Our Student Run Credit Union members saved $47,782 in 2024! All while learning how to save, plan, and manage their money for an impossibly bright future. And that’s only the beginning...
ESCOT Youth Development empowers young people in Westland and beyond through academic, athletic, and leadership programs. Their new student run lawn and snow removal business embodies these pillars while supporting community members unable to mow or shovel.
All good. We have member-centered accounts and services built for every age and stage!
Wherever you are on your financial journey, you Belong here.