Skip to main content

Youth Accounts

First Northern Credit Union’s youth accounts are perfect for teaching kids the value of saving and financial responsibility — lessons that they can carry with them throughout their lives. We welcome kids of all ages to get started saving with us!

Ages 12 and under: Moola Moose Club savings account

Moola MooseTeach your kids the importance of saving!

  • Minimum opening deposit of only $5.00 
  • No monthly maintenance fee
  • Joint ownership for parent/legal guardian
  • Earn dividends on all balances 
  • Parent/legal guardian can view and easily transfer money into the child's account — great for allowance, gifts, and more! 

OPEN Now

 

Ages 13-18: Compass Club savings account

Compass ClubHelps your teen learn financial independence and money management!

  • Minimum opening deposit of only $5.00 
  • No monthly maintenance fee
  • Joint ownership for parent/legal guardian 
  • Earn dividends on all balances 
  • Free FNCUMobile app access which includes Pay A Friend (works just like Zelle!)
  • Parent/legal guardian can view and easily transfer money into the teen's account — great for allowance, gifts, and more! 
  • Compass Club members are eligible for a Prepaid Debit Card (contact us to request)

OPEN Now

Ages 13+ are welcome to open a checking account!

Young adults age 13+ are welcome to open a Value Now checking account! 

  • Minimum opening deposit of only $5.00 
  • No monthly maintenance fee**
  • Joint ownership for parent/legal guardian required if under age 18
  • Free Visa® debit card in the teen's name for easy access to their money, on the go
  • Free FNCUMobile app access which includes Pay A Friend (works just like Zelle!)
  • Parent/legal guardian can view and easily transfer money into the teen's account — great for allowance, gifts, and more! 

OPEN Now

Youth Savings Accounts
Balance APY*
$25,000 and above 0.20%
$2,500 - $24,999.99 0.15%
$5 - $2,499.99 0.10%

OPEN Now   Learn More

* APY = Annual Percentage Yield. Rates subject to change. You must maintain the minimum average daily balance requirement of the account to obtain the disclosed APY. Yields for all share savings accounts accounts are declared quarterly by the Board of Directors. Dividends are paid retroactively and based on earnings for the period. The dividend yield listed is for the period ending 12/31/2023.

**Other fees may apply and may reduce earnings. See fee schedule for details.