The first step to educating kids on money matters is opening an account in their name. Whether you’re a parent or grandparent, aunt or uncle, you can help kids get started on the right track…with an account at the credit union! Just like adults, all youth must have a regular share savings account which is just $5 to open and then they’re eligible to use the other products and services the credit union offers.
Only $5 to open.
$5 minimum balance.
No monthly or annual fees.
No minimum balance.
No monthly or annual fees.
Free debit card.
NOW AVAILABLE: Open Minor Accounts Online
What you’ll need:
- Minor’s Birth Certificate
- Minor’s Social Security Card
- Driver’s License or ID Card if available
- Joint owner for the account
April is National Credit Union Youth Month
Join the National Youth Savings Challenge All you need to do is make a deposit into your PSCU youth account in April to get automatically entered to win $100!**
Open a youth account in April & PSCU will match the opening deposit up to $25!*
*Subject to approval. Account opening deposit matched up to $25 and awarded to new members under 18 years old within 30 days of account opening. Existing PSCU members & former members with account closed within 90 days not eligible. Limited time offer expires April 30, 2023. Matched opening deposit reported on 1099INT.
**The National Youth Saving Challenge is FREE and open to all youth under 18 who visit a participating credit union during April. While youth are encouraged to make a deposit at the credit union, no deposit is required to enter. Parents/guardians giving permission for their youth to enter can submit on a 3″ x 5″ piece of paper the following information to the credit union: Name, Date, Current age. Limit one entry per person. Odds of winning depend on number of entrants. This contest is void where prohibited. In May, the Credit Union National Association (CUNA) will randomly select and give a $1,000 grand prize to a participating credit union. That credit union will then randomly select 10 winners from its entrants. Your credit union will notify you if you are a winner.
Zogo is a gamified financial literacy app that rewards users for completing bite-sized financial literacy lessons on intelligently saving, spending, and managing their money. The app includes nearly 400 modules in 22 different topics, from opening a bank account to saving for retirement – and everything in between. By completing modules, taking interactive five-question quizzes, and participating in daily trivia games, users earn virtual “pineapples” and work toward real-life rewards – like a $5 gift card to one of their favorite stores! Learn More
USE ACCESS CODE: MYPSCU
Peter Pig’s Money Counter– This educational game allows young kids to help Peter Pig count and sort coins. It can help them develop important money skills.
Cash Puzzler– Put the scrambled pieces of the puzzle back together to complete the image of a dollar bill in Visa’s Cash Puzzler game. Choose between 1, 5, 10, 20, 50 and 100 dollar bill puzzles and learn fun facts about Benjamin Franklin, Ulysses S. Grant and more.
One of the most important life skills you can teach kids is how to manage their own money. The sooner they start to learn about finances, the more likely that they will avoid the mistakes many adults make today. Read our latest blog post with more tips for Helping Kids Get Money Savvy.
Practical Money Skills A robust, interactive website where educators, parents and students can access free educational resources, including personal finance articles, games, lesson plans, calculators, comics and more.