Where Great Saving Habits Begin
With an Early Savers account, kids 12 and under learn the simple but powerful habit of putting money aside. Whether it’s allowance, birthday money, or spare change, An Early Saver account teaches a valuable lesson: saving a little today can turn into something big tomorrow.
- Initial deposit of $10 required
- Earns monthly dividends
Set up an Early Savers account in your child’s name today! Use the Open an Account form, call 800-442-7792 or visit a branch. Membership of parent or guardian may be required.
Current Early Savers Rates
|
Account Balance
|
Dividend Rates
|
Annual Percentage Yield (APY)
|
|
$5 - $999.99
|
0.05%
|
0.05%
|
|
$1,000 - $7,499.99
|
0.10%
|
0.10%
|
|
$7,500 - $14,999.99
|
0.10%
|
0.10%
|
|
$15,000 - $49,999.99
|
0.10%
|
0.10%
|
|
$50,000 or more
|
0.20%
|
0.20%
|
Growing Smarter with Money
As kids grow up, MTC Federal grows with them. The Teen Savers account is for ages 13-17 that are starting to earn their own money—maybe from their first job, summer work, or helping around the neighborhood.
With a Teen Savers account, teens learn how to manage their money, build good habits, and start preparing for the future.
From first paychecks to future goals, MTC Federal is there every step of the way.
- Initial deposit of $10 required
- Earns monthly dividends
- Resources and information on the CU Rising website
At age 13, Teen Savers become eligible to open their first checking account.
- No minimum balance
- No service charges
- Rewards debit card
- Free online and mobile banking
Set up an account in your child’s name today! Use the Open an Account form, call 800-442-7792 or visit a branch. Membership of parent or guardian may be required.
Teen Account
|
Account Balance
|
Dividend Rates
|
Annual Percentage Yield (APY)
|
|
$5 - $999.99
|
0.05%
|
0.05%
|
|
$1,000 - $7,499.99
|
0.10%
|
0.10%
|
|
$7,500 - $14,999.99
|
0.10%
|
0.10%
|
|
$15,000 - $49,999.99
|
0.10%
|
0.10%
|
|
$50,000 or more
|
0.20%
|
0.20%
|