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Youth Accounts

Teaching a child smart money habits can be a challenge but you don’t have to do it alone. We’re here to help with accounts specifically designed to help your child learn the basics of saving at a young age and encourage them in developing good money management skills with their first checking account.

Get your child excited about saving money! The Kirby Kangaroo Club® is specially designed for children 12 and under, with interactive activities that make learning fun.

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.

Current Rates

Children's 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%

Designed for members 13-17, the Claim Your Youth Club® Savings account teaches financial responsibility including budgeting, buying your first car, and saving for college.

At age 13, Claim Your Youth club members become eligible to open their first checking account.

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.

Current Rates

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%

When a member turns 18 years of age, their Claim Your Youth Club® Savings account will roll over into a regular Share Savings account.

MTC Federal has been a part of your child’s early years and we want to be there for a lifetime. With our First Time Buyers Program, young adults will have assistance with auto purchasing, college expenses, credit cards, payment options and even their first home!