Youth Cents Savings
Financial Fundamentals for Youth
Savings accounts for kids and teens
One of the most imperative skills for a stable future is learning how to manage your finances. Thus, Deseret First created “Youth Cents” — helping your children develop good financial habits. As a result, kids can learn while they are young to set goals, spend in moderation, budget, and save!
- 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.