Attention Members: Our Office Hours have temporarily changed in response to COVID-19 concerns. Read more here.
Atención miembros: nuestras horas de oficina han cambiado temporalmente en respuesta a las preocupaciones de COVID-19. Lea más aquí.
By encouraging young people to practice saving and money management skills from an early age, Cooperative Federal helps to prepare the next generation for a lifetime of confidence and financial strength.
Here are the accounts we offer for youth.
Young adults under the age of 18 can get a regular savings account, but with a few special rules to make it easier to get started:
To get a checking account, a parent or guardian must be a joint owner on the account.
Young people age 14 and under can open Treehouse Saver Accounts. These accounts have the simplest ID requirements, and earn dividends starting at a lower balance than regular savings. Read more about Treehouse Savers.
Accounts at Cooperative Federal are federally insured by the National Credit Union Administration (NCUA), a government agency, to at least $250,000 and backed by the full faith and credit of the United States Government.