$ave-N-Grow Kids Club

Federated Employees Credit Union offers several types of accounts to encourage kids and teens to save on a regular basis. This is a great opportunity for parents to partner with Federated Employees Credit Union to teach their children about financial responsibility and the value of saving for their future!


Term Share Certificates

  • Available to ages 0-17
  • 9 month term
  • New money can be added in $25 increments
  • $100 minimum balance
  • No payroll deduction allowed
  • Recommend adult joint ownership

Special Club Accounts
  • Existing vacation and Christmas clubs are available for youth

Credit Cards
  • Our Visa Credit Card is available once you turn age 15
  • A parent is required to co-sign until the cardholder turns age 21 and must meet our lending qualifications

Checking Accounts
  • Existing checking accounts will be available once you turn age 14
  • A parent is required to be on your account until you reach age 18

Birthday Club
  • FECU will mail a birthday letter to youth ages 0-17
  • Letter will include a coupon to return for a ½ % increase to a new 9 month Term Share Certificate 
  • FECU will mail out $5.00 McDonalds gift card when Term Share Certificate is set up

Graduation Club
  • FECU will mail a graduation letter the month the teen turns 18
  • Letter will include a coupon to redeem for ½ % rate discount on an auto loan

If you would like to open a Save-N-Grow Account at Federated Employees Credit Union, contact us.

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