Youth Term Deposits

Growing savings for growing kids
Save for long-term goals while earning higher dividends than you would with a traditional savings account.

The future is bright

Position your children and teens for financial success by opening a youth term deposit savings account from Mountain America. It’s a great way for kids to learn the value of investing as they save for long-term goals like financing their college education or buying their first car. Plus, they can add to the deposit balance whenever they want, giving them an additional way to grow their money.

  • Higher dividend rates than regular savings account
  • Add to the balance throughout the year
  • Variety of terms available
  • For anyone 27 and younger

Get your youth term deposit today

To open an account, simply visit your nearest Mountain America branch, or call us at 1-800-748-4302.


Account details

  • $25 to open the youth term deposit account
  • Additional deposits of up to $3,000 per year from date of open
  • Dividends tiered based on length of term and are credited to account monthly
  • No monthly service fees
  • Account terms: 12 and 24 months, as well as 3, 4 and 5 years
  • Automatically renews at a term equal to or less than the current term at the current interest rate
  • After the age of 27 (on 28th birthday), account automatically renews as a normal term deposit
  • 10-day grace period to close with no penalty at maturity

Early-withdrawal penalties may apply. Each member is limited to $100,000 in any one or combination of Term Deposit Plus accounts.  Fees may reduce earnings on 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
Youth Savings
Give your kids a head start.
Online Banking
Stay in touch with your money.
Mobile Banking
Manage your money on the go.
Must Reads
7 essential money lessons for kids