TEEN SAVINGS
Save Smarter & Prepare for What’s Next
Designed for teens ages 13–17, our Teen Savings Account helps young savers take greater ownership of their financial future while earning a competitive 3.03% APY*.
From saving for a first car to future goals, a Teen Savings Account helps teens develop the skills and habits they’ll use for years to come.
Grow & Succeed
Whether they’re saving money for a short-term goal or planning for future goals, we’re here to help your child build smart financial habits.
High Yield Account
Your child will earn a high 3.03% APY* to help them increase their savings over time and watch their money grow.
Financial Education
Help teach your child how to earn, save, and spend wisely with the FREE** Greenlight App and Balance Financial Wellness Program
Get in touch with any questions and visit your local branch to open the account!
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*APY = Annual Percentage Yield. Rate = 3.00%. Rate effective as of 9/2/2025. No minimum balance required to earn stated APY. $5 minimum balance to open a Youth Savings Account. There is a $2 monthly fee if the balance falls below $5 at any time during the month. Rate is variable and may change after the account is opened. Rates are subject to change without notice. Account available for children ages 13-17 only. Fees may reduce earnings. Membership eligibility required. Federally Insured by NCUA.
The Greenlight card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International.
**Financial Resources Federal Credit Union members are eligible for the Greenlight SELECT plan at no cost when they connect their Financial Resources account as the Greenlight funding source for the entirety of the promotion. Subject to minimum balance requirements and identity verification. Upgrades will result in additional fees. Plans start at $5.99/mo. Upon termination of promotion, members will be responsible for associated monthly fees. See terms for details. Offer ends 7/17/2028. Offer subject to change or renewal. Mobile carrier rates may apply.