Start Early with Youth Accounts
You’re never too young to start building good money habits.
We’re committed to making a difference in the lives of our younger members by helping them learn to make better financial decisions. That’s why we encourage you to open an account for your child no matter their age.
A Financially Savvy Future
When you open a Youth Account you can:
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Teach them early about allowance, or deposit money for chores
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Help your child understand the benefits of saving money
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Easily set up a payroll deduction or make deposits into the account
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Ensure your kids are eligible for future Red Canoe scholarships
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We'll deposit the first $5 to their account
Give Your Child a Head Start
A joint account can help put them on the right path.
Opening an account for your child can help them learn the value of the dollar. Save money from chores or allowance and teach them how to spend wisely.
A Branch or ATM Around Each Bend
11 branches spread across Washington and Oregon, plus 30,000+ surcharge-free ATMs.
Member, owner, neighbor – you’re a local and so are we.
Visit your nearest branch and use your debit card at a surcharge-free ATM for easy access and five-star service.
Youth Accounts FAQs
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The major difference between a youth account and opening any other account is that they must be jointly opened by a parent or legal guardian.
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Come and visit us! You can use our Branch Locator tool to find the branch that’s closest to you. Requirements for opening a Youth Account include:
- You must be the child’s parent or legal guardian
- You must have the child’s Social Security Number and date of birth
- We will provide your $5 opening deposit
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If your child is old enough to sign their name, we can add a checking account and debit card to your joint account.