Features & benefits of PDCU youth accounts
Youth Accounts offer a range of benefits designed to provide parents and guardians peace of mind while teaching children the fundamentals of money management. With features like parent controls, easy ways to add money, and automatic savings tools, our Youth Accounts make it simple and convenient for families to save and manage money together. Whether you’re looking to instill financial responsibility in your child or help them reach their savings goals, our Youth Accounts are the perfect solution. Join us today and start your child’s journey towards financial success with People Driven Credit Union.
Youth account perks
- Free debit card
- 34,000+ free ATMs
- Parent advantages and monitoring
- Limit on withdrawals and spending alerts
As they grow, let them take control of their finances while you monitor their progress
- Help your child and teenager think before buying.
- They’ll learn to distinguish between needs and wants.
- They can access their money using an ATM or debit card.
- They can practice creating and sticking to a budget.
- Having their own account can help them learn to save money.
Parent controls
The parent or legal guardian on the account can give them limited access to account services. You can allow them to:
- Check account balance
- Transfer money
- Make a deposit
Easy ways to add money
Whether you’re at home or on the go, you can easily add money to a PDCU Youth account.
- Transfer money directly into your child’s account. Use automatic transfers for chores or an allowance.
- Deposit checks from your smartphone using Deposit@Mobile®.
- Teach your teen how to deposit money at select ATMs.See note3
- All accounts are guaranteed by the NCUA
Automatic savings
Our savings tools provide easy ways to show your child how to save. When you have a PDCU checking account and are listed as the parent or guardian on your child’s PDCU Youth Savings account, you can:
- Move small amounts from your checking account into your child’s savings account.
- Select a portion of a regular deposit, like a paycheck, to transfer from your PDCU checking account to their savings account.
I have been a member for years. The service is phenomenal! It begins with their greeter and continues with rest of the staff until the completion of your business.
Pamela D.
Frequently asked questions
Youth account rates
-
Minimum Balance to Earn Dividend
Dividend Rate
APY²
$100 and over 0.010% 0.01% Rates Effective as of:
-
Minimum Balance (Range) to Earn Stated Dividend
Dividend Rate
APY²
$100 and over 0.00% 0.00% Rates Effective as of:
-
³New money required to qualify for this rate. Only new funds transferred from external sources to the credit union qualify for this promotion.
Minimum Deposit
Dividend/Interest Rate
APY²
$1,000 to $2,499³ 0.349% 0.35% $2,500 to $9,999³ 0.499% 0.50% $10,000 to $24,999³ 0.598% 0.60% $25,000 to $49,999³ 1.094% 1.10% $50,000 to $99,999³ 1.144% 1.15% $100,000 to $249,999³ 1.243% 1.25% $250,000 and above³ 2.960% 3.00% Rates Effective as of:
-
³New money required to qualify for this rate. Only new funds transferred from external sources to the credit union qualify for this promotion.
Minimum Deposit
Dividend/Interest Rate
APY²
$10,000 and above³ 3.348% 3.40% Rates Effective as of:
-
Minimum Deposit
Dividend/Interest Rate
APY²
Below $10,000 4.426% 4.50% $10,000 and above 2.722% 2.75% Rates Effective as of:
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Disclosures
