Teen Savings

Preparing teens for the future
Make sure your young adults are ready for financial independence by opening a teen savings account.

The path to financial independence

Help ensure your teens are moving in the right direction financially by opening a Mountain America teen savings account. It’s a great way for young adults to acquire money management basics, such as balancing bank accounts, growing their savings, and with our MyExpress Debit Card, handling a debit and credit card.

Benefits of a teen savings account

  • Competitive dividend rates
  • Free mobile and online banking
  • Checking account available with a parent or guardian co-signer
  • Debit card available with a parent or guardian co-signer
  • Designed for young adults ages 13–17
  • Eligible for youth term deposit—earn higher dividends on your savings



Account details

  • Only $5 to open a savings account for teens
  • Requires an average daily balance of $5 to maintain account
  • Minors must have a joint on the account over 18
  • No monthly service fees
  • Earns dividends on average daily balance of $5 or more
  • Automatically converts to primary savings at age 18

Elevate your teen's path to success

Open a new teen savings account today online, at your nearest Mountain America branch or over the phone at 1-800-748-4302.

Open your account

Mountain America Credit Union does not collect or use personal information from children under 13. For more information about the Children’s Online Privacy Protection Act (COPPA), visit the FTC website.

Rate & fee schedule
MyExpress Debit
A helpful financial tool for teens.
Mobile Banking
Manage your account on the go.
Online Banking
Stay in touch with your money.
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