Kids' Savers Account
Kids' Savers Account
Help your child learn the importance of managing money and saving for a rainy day. Our Kids’ Savers Account requires no opening deposit and has no monthly fee. A parent or guardian is required as a joint account owner.
Free for children 12 and under
Features
- No opening deposit required
- No minimum balance required to earn dividends (rate is variable)
- No monthly fee (an inactivity fee will be charged if there are no transactions in 12 consecutive months)
- Access funds through Digital Banking
- Set up payroll deductions or direct deposit to build your child’s savings faster
- Deposits are federally insured by the NCUA to at least $250,000 (Individual Retirement Accounts up to an additional $250,000)
Open Account
Accounts for minors require a parent or guardian co-signer, so the parent or guardian must also be a member. You can open a child’s account either in person at a local Stanford FCU branch or via Zoom at our Virtual Branch. You’ll need a copy of your child’s picture ID, Passport or birth certificate.
Learn more about Stanford FCU’s commitment to protecting the online privacy of children.
Coverdell Education Savings Account (ESA)
Kids' Savers Account Rates
Scroll Right for More Data
| Account Description | Dividend Rate | Annual Percentage (APY) |
|---|---|---|
| Kids' Savers Account | 0.10% | 0.10% |
| Coverdell Education Savings Account (ESA) | 0.10% | 0.10% |
Effective 7/1/25
Savings Education
Learn the financial basics about savings accounts with our Online Learning Modules.
*Consult a tax advisor. Dividends are compounded and paid monthly. Membership eligibility is required.
