Youth Cents Savings
Financial Fundamentals for Youth
Savings accounts for kids and teens
Learning how to manage your finances is one of the most imperative skills to help build a stable future. The Youth Cents savings account can help your child develop good financial habits like setting goals, spending in moderation, budgeting, and more!
- DFCU will match 10% on your initial deposit (maximum of $10).
- Free cash withdrawals at CO-OP or DFCU ATMs (debit or ATM card required).
- Automatically converts to Membership Savings at age 18.
- Federally insured by the NCUA up to $250,000.
Account Requirements
- Parent or guardian must be a joint-owner on the account.
- Child must be under age 18 and eligible for membership.
- Initial deposit & minimum balance: $5.00.
- ID verification — children under 16 must have one of the following: social security card, birth certificate, or student ID.
Apply online today! For questions or to apply directly with a representative, call 801-456-7000 or 800-326-3328. Available weekdays: 8am-7pm, Sat: 9am-2pm. Additionally, you may visit any Deseret First Branch.