Help Your child build strong financial habits - starting now.
The Young Savers Account at Health Advantage s designed for youth age 20 and under. It's never too early to learn the value of saving, and this account makes it easy to start. With no minimum balance requirement and competitive dividends, it's a great first step toward lifelong financial confidence.
Why open a Young Savers Account?
Teaching children and teens about money management is one of the most valuable lessons you can provide. Whether they're just starting to understand what saving means or already setting aside money from birthday gifts, allowances, or part-time jobs, the Young Savers Account supports their growth every step of the way.
This account is more than a place to keep money safe—it’s a tool for teaching responsibility and setting financial goals. And because it earns dividends, young members are rewarded for saving, which helps encourage consistent habits early on.
Account features include:
- Available for youth up to age 20
- Competitive dividends on every dollar saved
- No minimum balance
- Just $5 to open with a regular savings account
With the Young Savers Account, your child or teen can see how even small deposits add up over time. It’s a simple, secure way to build a foundation for smart money management—and a great introduction to what credit unions are all about.
Whether you're a parent, guardian, or young member ready to open that first Youth Account, we're here to support the journey. Our team is happy to answer questions and provide guidance every step of the way.
Ready to get started?
Some products may require joint ownership with a parent or guardian that has established credit. Health Advantage Federal Credit Union does not knowingly collect, nor is our web site designed or directed to use personal information from children under the age of 13 without containing verifiable consent from their parents. We do offer a "Youth" section on our web site that children can access external links to other sites that are age-appropriate. Should a child choose to submit information or questions to us, we would only use that information to respond directly to that child, seek parental consent or provide parental notice. No information would be stored.
