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Make their first account count.

Jumpstart their savings with all of the fun and none of the fees. Our Youth Savings Accounts help them get on the right financial track!
Visit a Branch to Open an Account

Youth/Kit Savings rates

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.

Rates as of: October 1, 2026
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.

Meet Kit Savings!

A kit is the name for the young of several wildlife species, including foxes, rabbits, squirrels, and beavers. Just like a young kit learns, grows, and prepares for the future, Kit Savings helps kids build strong savings habits from an early age.

When young savers join, they become members of the Kit Club, where learning to save is rewarding, exciting, and fun. Whether they're saving for a special goal or simply learning the value of money, Kit Savings helps their savings grow along the way.

Kit Savings is available for children through age 12. At age 13, Kit Savings will automatically converts to a Youth Savings Account, or eligible members may choose to take the next step and open their first checking account.
Kit Club Graphic (white)

Get $50 for Opening

We love to help kids save. That's why we deposit the first $50 to every Kit Savings Account!*

Birthday Deposit

We celebrate your kids special day by sending them a birthday card and depositing $5 into their account!**

Earn Dividends

Teach them about earning. Our Kit Savings Account earns dividends even at the minimum balance of $5!

Low Minimums

Why wait? With just $5, start teaching your kids the value of money when you open a Kit Savings Account!
Join Kit Club

Youth Savings Account

Help your kids (or grandkids) learn about saving, spending, sharing, and earning all while setting them up for financial success! 

Youth Savings is available for children aged 13 through 17.

Youth Savings Benefits Include:

  • $50 deposited at account opening*
  • Competitive dividends to help savings grow
  • Low account minimum of only $5
  • At age 18, Youth Savings will converts to a Primary Share Savings Account, and they Youth Savings Account will be closed. 
Open Youth Savings
Preteen-and-mother-on-computer-1
Father-and-children-savings-piggy-bank-1

What is needed to open a Kit or Youth account?

Our Youth Savings Accounts must be opened in person. Simply visit a branch with the following during account opening:

  • Adult: A parent, guardian, or adult relative must be present to open a Kit Savings or Youth Savings 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 Youth Savings Accounts only requires a $5 minimum opening balance!
Visit a Branch to Open an Account
CCCU Budgeting eBook

Start building your perfect budget today!

Our Budgeting Tips and Tricks: Quick Solutions to Start Saving Today guide provides everything you need to build your perfect budget and start saving money today.

Ready to get started? Download your guide now:

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.

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FAQs about Youth Savings Account

What happens to a Youth Savings Account once the minor turns 18?

Once 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 Kit Savings or Youth Savings Account?

Yes, there is a minimum $5.00 membership deposit to open and maintain Youth Savings Accounts. 

What is the difference between Kit Savings and Youth Savings?

Kit Savings is available for children through age 12 and comes with a $5 birthday deposit each year in their birthday month.

Youth Savings is available for children from age 13 through 17. This account features the same dividend rate and low account minimum, but your child no longer receives a birthday deposit each year.

Can you open a Kit Savings or Youth Savings Account online?

No, a Youth Savings 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!

Is there a Checking Account available for children?

A minor age 13 or older is eligible to open a Checking Account and debit card with the express permission of the adult joint owner.

DISCLOSURES

* Account must be opened for a new member age 17 and under. A $50.00 savings incentive will be deposited into the account within five business days of account opening. Incentives received are subject to IRS 1099-INT reporting. Membership eligibility is required. All new accounts are subject to CCCU standard account membership terms and disclosures. We reserve the right to change or end this promotion at any time.

**Account must be opened for a new members age 12 and under. Membership eligibility is required. All new accounts are subject to CCCU standard account membership terms and disclosures.

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.

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© Consolidated Community Credit Union 2026 | 2021 NE Sandy Blvd Portland, OR 97232 | Routing #: 323075136 

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CCCU is committed to serving all persons within its field of membership, including those with disabilities. We strive to make not only our physical branches accessible but also to conform to WCAG 2.0 guidelines for website accessibility. Our efforts are ongoing including frequent testing and updates to improve accessibility. Should you have any problems accessing our branches or website, please contact us so that we may promptly assist you and remedy any accessibility concerns.

Consolidated Community Credit Union is an assumed business name of Consolidated Federal Credit Union. Providence Credit Union (PCU), Consolidated Community Credit Union (CCCU) and CCCU Cascade are all trade names or registered service marks of Consolidated Federal Credit Union. Although these branches have different names, they are all part of the same credit union; shares and deposits held at each office are not separately insured.

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