Youth Savings

Great Start Savings

Looking for an easy way to help a child in your life get started with a savings account? ProFed Credit Union makes it easy to teach good money habits. Help build savings by depositing money for birthdays, holidays, good grades, and more! After 12 months, you can use the money to pay for an important expense, roll over the funds into another certificate, or transfer into a 529 plan to keep it growing with tax-advantaged benefits. Adult owner required if under the age of 18.

Adult owners of the account can easily transfer money and schedule deposits for special holidays using ProFed Digital Banking. You can also keep up with how your kid is saving with one easy login. Make money management fun while teaching children good financial habits.

Account opening is easy! In just five minutes, you can set up the account and teach your children the value of financial responsibility. Funds up to at least $250,000 are federally insured by the NCUA.

See Rates Open Account

*The $25.00 bonus will be deposited into the EZ Saver Certificate after the first three months of deposits have been made. **The $5.00 bonus will be deposited into the EZ Saver Certificate if $5.00 or greater is deposited to EZ Saver each month through direct deposit/auto-transfer. There will be a 180-day dividend penalty if the EZ Saver Certificate is closed early. At maturity, the certificate will automatically renew as another 12 month EZ Saver Certificate at our current rate. Adult owner required if under the age of 18.

Savings Rates

Open Savings

Savings	Dividend Rate (Compounded Monthly)	APY* (Compounded Monthly)
Membership Savings**	0.05%	0.05%
Savings 2 & 3	0.05%	0.05%

Membership at ProFed is required. *APY = Annual Percentage Yield. **$5.00 minimum opening deposit for Membership Savings Account. You must maintain a minimum daily balance of $125.00 to earn dividends..

Certificate Rates

Open Certificate

Certificate**	Minimum Opening Balance	Dividend Rate	APY*
12 Month EZ Saver	$25.00	1.00%	1.00%
24 Month EZ Saver	$25.00	1.04%	1.05%

Membership at ProFed is required. *APY = Annual Percentage Yield. **To obtain the annual percentage yield disclosed you must maintain the minimum daily balance disclosed on your Certificate. Only 12 Month EZ Savers can be opened online.