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Youth Savings Account

Upgrade that piggy bank

Give your child a head start in life with a Jr. Saver Youth Savings Account.


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What Is It?

Youth Savings Account from Yolo Federal

You want your kids to grow up healthy and strong, and it would be pretty nice if they knew how to manage their money too. Why not start them young with a kid-sized savings account? They can earn dividends and practice good spending habits from an early age.

Yolo-federal-credit-union-junior-savers

Jr. Saver Kickstart

Calling all elementary school students in Yolo, Sacramento, Placer, and El Dorado counties! Open your FREE Jr. Saver Youth Account at Yolo FCU between 1/1/24-12/31/24, and we will match your first $5 deposit* to help kickstart your savings.

Get your school involved! Every elementary school that opens a minimum of 50 new Jr. Saver Accounts between 1/1/24-12/31/24 will earn a $1,000 donation**. Support your school and get started today!

Why Yolo Federal

Just right for your kids

  • For ages 0-12
  • No minimum balance required
  • Parents can make deposits and monitor the account
  • $5 deposit match*

Rates & Fees

Savings Accounts

Minimum Daily Balance Dividend Rate Annual Percentage Yield
$0 0.03% 0.03%
$100 0.03% 0.03%
$10,000 0.03% 0.03%
$50,000 0.03% 0.03%
$100,000 0.03% 0.03%

Effective Date: November 1, 2024. Last Dividend Declaration Date: October 31, 2024. Rates subject to change at any time.

Dividends paid from current income and available earnings after required transfer to reserves at the end of the dividend period. Rates are subject to change without notice as determined by the Credit Union’s Board of Directors. Fees could reduce earnings on accounts. Some restrictions may apply.

Some fees may apply. Click on the Consumer Fee Schedule at the bottom of the page under Resources.

  • Disclosures

    *Yolo Federal is offering a Kickstart Bonus Match (“Bonus”) in the amount of $5 for any new Youth Savings account opened for ages 0-12 (“Youth”) between 1/1/24 and 12/31/24 (“Promotional Period”). To receive the Bonus, the parent or guardian on the account must be 18 years or older, qualify for membership, and open a Youth Savings account with a minimum of $5 during the Promotional Period. The Bonus will be deposited into the S1 account at account opening. To avoid the monthly service fee, if over the age of 22, they must: maintain a minimum of $100 in their S1 Savings account, have Direct Deposit, or aggregate deposits and loans of $5,000 or more; otherwise a $5 fee applies. Minimum Savings balance to earn dividends is $0 and Annual Percentage Yield (APY) is 0.03%. APY effective March 1, 2023. Rates subject to change at any time. Employees and volunteers of Yolo FCU are ineligible for the bonus. The value of the bonus may be considered a taxable dividend and it will be reported on IRS Form 1099-INT. Some restrictions may apply.

    To establish membership they must deposit $1 in their S1 Savings account. Membership is available to anyone who lives, works, worships, or goes to school in Yolo, Sacramento, El Dorado, or Placer County or has an immediate family member who is a current member. Some restrictions may apply.

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    **Every elementary school that opens a minimum of 50 new Jr. Saver accounts between 1/1/24-12/31/24 will earn a $1,000 donation. Donation to be made within 60 days of reaching minimum requirement.

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To qualify for membership, you must live, work, worship, attend school in Yolo, Sacramento, Placer, or El Dorado counties.

To apply for a Home Loan, you must qualify for membership, and the property must be located in Yolo, Sacramento, Placer, or El Dorado counties or within 50 miles of our corporate office. 

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