Our Youth Savings Accounts allow for any member, not just parents, to establish savings for the special children in your life. It's never too early to get your child on the path toward a sound financial future. This is a perfect savings tool for parents, grandparents, aunts, and uncles. NCCU has three special youth savings accounts to start your children on their savings journey. They can earn rewards, have fun while saving, and enter drawings to win some great prizes.

At Youth Account opening, all receive an NCCU piggy bank.

Kangaroo Club Account

For Our Youngest Members, ages 5 and under

For every $5.00 that is deposited into their Kangaroo Club Account, they will receive one drawing ticket for prize drawings throughout the year.

 

Junior Savers Club

For Our Members, ages 6-12

For every $5.00 that is deposited into their Kangaroo Club Account, they will receive one drawing ticket for prize drawings throughout the year.

 

Teen Cents Club

For Our Members, ages 13 - 18

For every $5.00 that is deposited into their Kangaroo Club Account, they will receive one drawing ticket for prize drawings throughout the year.

 

Kids Club Account Share Certificates

5.00% dividend rate
5.06% APY** 6-month term
$100.00 minimum balance to earn the APY

To open a youth account share certificate, you must open a share savings account with a minimum balance of $5.00 and open a youth account club savings, no minimum balance required.

  • $100.00 minimum balance to earn 5.06% APY**

  • $5,000.00 maximum aggregate investments per Club Member

  • Dividend rates are subject to change without notice

  • Expect dividends to compound semi-annually

  • Subject to penalty for early withdrawal

The *Annual Percentage Yield is accurate as of 10/08/2020. Is this date correct??
The APY assumes reinvestment of principal and dividends for a 12-month period.
The National Credit Union Administration federally insures this credit union. Membership eligibility required.
 

Prize Drawing & Official Rules

As members of these clubs, you can win quarterly drawings, which will be held on the first business day of April, July and October. The quarterly prizes are as follows:

  • Kangaroo Kids Club   $15.00 deposit – one winner each office

  • Junior Savers Club     $20.00 deposit – one winner each office 

  • Teen Cents Club         $25.00 deposit – one winner each office

After each quarterly drawing, all tickets will be retained for the grand prize drawing. 

Our Youth Account members have the chance to win our annual prize – a tablet. 

  • Entry tickets must be received at the Credit Union by the close of business on December 31st of the current year.  

  • This drawing will take place on the first business day in January of the following year. 

To be eligible for the tablet drawing, there can be no withdrawal from the youth club account during the year, except if the funds were transferred to a special youth account certificate, or the funds were on deposit as of the 1st of the year.

Entry tickets are available to non-club members by request, in person, at each NCCU office.  This is limited to one drawing entry ticket per request per day.

The winner is responsible for any taxes due; a 1099-INT statement will be issued. The winner will be notified by telephone call. The winner(s) parent or legal guardian must sign a waiver authorizing NCCU to use the winner(s) name/picture in any promotional materials before claiming their prize. NCCU employees and their immediate family members living in their household are not eligible to enter the drawing.