Smart saving starts with a Cub Account.

Empower your child's future with a kids savings program that makes learning about money fun and rewarding.

Open Account

YOUTH/KIDS/TEEN SAVINGS RATES

Account Balance

Min Balance to Receive Dividends

DIVIDEND RATE

APY¹

Account Balance

$5 - $99.99

Min Balance to Receive Dividends

$5.00

DIVIDEND RATE

0.25%

APY¹

0.25%

Account Balance

$100 - $4,999.99

Min Balance to Receive Dividends

$5.00

DIVIDEND RATE

0.50%

APY¹

0.50%

Account Balance

$5,000+

Min Balance to Receive Dividends

$5.00

DIVIDEND RATE

0.75%

APY¹

0.75%

¹APY – Annual Percentage Yield. Rates may change after the account is opened. Terms, conditions, and services are subject to change without notice. Fees could reduce earnings on the account. Certain restrictions may apply. Subject to membership eligibility.

Start your Cub Account application

Berenstain Bears^® Cub Account

The Berenstain Bears^® Cub Account is a savings account specifically designed for kids aged 10 and younger. The program teaches your child the money management concepts of Save, Share, Spend and Earn so they can grow to make smart financial decisions!

Free Swag Bag

Upon account opening, your child gets a free bag filled with The Berenstain Bears^® book and other surprises!

Monthly Newsletter

Nurture smart habits with money saving tips, fun games, and exclusive offers every month.

Birthday Surprise

Your child will receive a birthday card with a surprise birthday gift every year they have a Cub Account.

Fun Activities

Enjoy free coloring pages and other fun activities to help your kids learn about saving and spending!

Open Cub Account

What is needed to open a Cub Account?

We want to help kids develop smart, healthy financial habits, so we make it easy to open a Cub Account at CCCU. Just have the following during account opening:

Adult: A parent, guardian, or adult relative must be present to open a Cub Account in any of our local branches.
Identification: We'll ask for the child's personal information, including their social security number. As joint owner, you'll also need your photo ID.
Deposit: Our Cub Account only requires a $5 minimum opening balance!

Start Saving Today

Get creative with The Berenstain Bears^® Coloring Pages

What our members are saying:

“I stopped in to open an account for my teenager. They were so friendly, patient, and helpful. We never felt rushed, we got all our questions answered, and he is now the proud owner of his own account! Thank you, CCCU.”

Jen K.

“CCCU helped me open an account for my grandchild, and they gave her $50 just for opening the account. It's helped her learn to save and use a bank.”

James Y.

“CCCCU cares about the Community, their Work Family, & You! Impressive. Ask for Alan!”

R.J.W.

FAQs About Kids Savings Account

What happens to a Cub Account once the kid turns 11?

Once the kid turns 11, the money in their Cub Account will be transferred into a Youth Savings Account. Then, when the minor turns 18, the money in their Youth Savings Account will be transferred into a Primary Share Savings Account and their Youth Savings Account will be closed.

With their own Primary Share Savings Account, they will gain access to all the valuable products and services we offer that help our members reach goals at various life stages.

Is there a minimum account balance for a Cub Account?

Yes, there is a minimum $5.00 membership deposit to open and maintain a Cub Account.

Can you open a Cub Account online?

No, a Cub Account cannot be opened online. Please contact a CCCU Member Advisor to open this particular account. You'll need the child's personal information, including their Social Security Number.

How can I contribute to my child/grandchild's savings?

As a joint owner on the account, you have the option to set up recurring deposits and help them save. You could also visit the credit union each month to make a deposit together!

DISCLOSURES

2 The Cub Savings Account is only available to children ages 10 and younger. When the account owner reaches 11 years old, the Cub account will automatically be converted to an Youth Savings Account.

3 ANNUAL PERCENTAGE YIELD (APY). Cubby Certificates are only available for members 10 years old or younger who also have a Cub Account. You must enroll in eStatements to open a Cubby Certificate. Only one Cubby Certificate is available for each member. Deposits will be permitted until the $500 maximum balance; after that, no new funds may be deposited on a Cubby

Certificate. The rate applies only to deposits of new funds; it does not apply to transfers of funds from another account within the Credit Union. Funds deposited from within the Credit Union will earn the same dividend rate and APY as Cub Account. Cubby Certificate balances of up to $500 will earn the dividend rate for the 12-month Certificate term. After the 12-month term, the Certificate will be transferred into the Cub Account and will earn the same dividend rate and APY that applies to Cub Accounts. Dividends earned on the Cubby Certificate will be deposited into the Cub Account.

©The Berenstain Bears, Berenstain Enterprises, Inc. 2024

We do not knowingly market to children online, and we do not knowingly solicit to or collect data from children under 13 without express parental consent or notification. We recognize that protecting children's identities and their online privacy is important. If you believe your child has provided personally identifiable information to us, please contact the credit union so we can allow you the opportunity to review the information and request we delete it.

Smart saving starts with a Cub Account.

YOUTH/KIDS/TEEN SAVINGS RATES

Start your Cub Account application