Youth Savings Accounts: Teaching Financial Responsibility From an Early Age

It might start with a birthday card and a crisp $20 bill. But before you know it, your child is regularly receiving money from gifts, allowance, or small jobs. A Youth Savings Account is more than just a place to put that money—it’s a tool for building lifelong financial responsibility.

At Frontier, smart money habits start early. That’s why we offer Youth Savings Accounts designed to help kids and teens understand the value of saving, budgeting, and planning ahead.

What Is a Youth Savings Account?

Building smart money habits starts early—and Frontier is here to help. Our Youth Accounts are designed to give kids, teens, and young adults the tools they need to manage money with confidence, all while parents and guardians provide guidance along the way. Beyond savings, we offer real-world lessons in spending, credit, and financial independence through our partnership with Banzai.  

Frontier Kids’ Club (ages 0–12)

Teach children the value of saving early with fun perks and hands-on experience:  

  • $50 Quarterly Drawing with each qualified deposit  

  • $0 Coin Machine Fee for deposits made with coins  

  • $5 Birthday Card deposit each year  

  • Certificate of Deposit option (minimum $100) to introduce compound interest  

Learn & Earn (ages 15–18)

Prepare teens for their first paychecks and growing independence:  

  • Open a $100 certificate to grow savings  

  • Add a checking account to manage income and expenses  

  • Use direct deposit and debit cards to build financial responsibility  

Freedom (ages 18+)

Help young adults step into full independence with smart financial tools:  

  • Checking and loan options for complete money management  

  • Guidance for college expenses and everyday spending  

  • Secured credit card with a low limit to begin building credit history  

Extra Support 

Every stage comes with access to Online & Mobile Banking, Direct Deposit options, and parental oversight where needed. Additionally, our Banzai partnership offers interactive financial lessons specifically designed for youth and teens, enabling them to learn not only how to save but also how money works in the real world.  

Why Financial Responsibility Should Start Early

Helping kids open a savings account is one of the most hands-on ways to teach them financial responsibility. Here's why it matters:

  • Builds consistent saving habits
    Depositing allowance or birthday money shows the value of setting money aside.

  • Introduces budgeting basics
    When kids see their balance grow (or shrink), they begin to understand choices and consequences.

  • Encourages goal-setting
    Whether saving for a toy, a trip, or college, Youth Savings Accounts help tie savings to real-life goals.

  • Teaches safe money habits
    With parental guidance and credit union support, kids learn to manage money in a secure environment.

What Makes Frontier’s Youth Accounts Different?

At Frontier, Youth Accounts aren’t just about saving money—they’re about building a lifelong foundation for financial confidence. Each stage of our program is designed to grow with your child, offering hands-on learning, real rewards, and the guidance they need at every step.  

Here’s what makes our accounts stand out:  

  • Age-specific programs tailored for kids, teens, and young adults, so lessons grow alongside their financial journey.

  • Learn & Earn: Tools for independence with checking accounts, debit cards, direct deposit, and certificates that teach the power of compound interest.  

  • Freedom: Full money management with checking, loans, and a secured credit card to safely start building credit.

  • Banzai partnership for free, interactive financial lessons—teaching real-world skills like budgeting, saving, and even credit management.

Our Youth Accounts go beyond the basics by combining financial education with everyday banking, helping kids and teens practice smart habits while parents stay connected along the way.  

How to Get Your Child Involved

The key to success is making saving feel empowering, not like a chore. Here are a few ideas:

  • Let your child fill out the deposit slip or check their balance online.

  • Use a clear savings goal (e.g., $50 for a skateboard) to keep them motivated.

  • Turn banking trips into learning moments by visiting your local FCCU branch together.

The more involved kids are, the greater their sense of ownership over their financial decisions.

Go Beyond the Account with Financial Education

Opening a Youth Savings Account is a great start, but education shouldn’t stop there. Frontier offers free tools to support continued learning:

  • Banzai Junior: An interactive online experience that helps kids make wise money choices in a fun, story-based format

  • Ongoing support: Our team is here to answer questions, provide guidance, and encourage smart habits at every stage

By connecting real-life experiences with practical tools, you can help your child develop into a confident and capable money manager.

Start Building Smart Habits With a Youth Savings Account From FCCU Today

The best time to begin teaching financial responsibility is now. A Youth Savings Account with Frontier gives your child the tools, support, and experience to make wise choices with money today and well into the future.

Learn more about our Youth Accounts and take the first step toward helping your child grow into a financially responsible adult.

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