Youth Savings Accounts

Teach Your Children Financial Independence

Are your kids on the right track to financial independence? Give the child in your life the financial guidance they need to help make sound decisions! Get them started with one of our Youth Savings Accounts – available with just a minimum deposit of $5.00.

Our Youth Savings Accounts can help your child develop healthy financial habits by encouraging them to learn responsible spending, saving and budgeting practices.

Viriva offer two different youth savings clubs for those under the age of 18:

  • Treasure Savers Club for Kids ages 12 & under.
  • Money Masters Club for Teens ages 13-17.

Learn more about our “TREASURE SAVERS” or “MONEY MASTERS” Youth Savings Accounts!


Viriva is here to help!

For many of today’s young adults, the weakest link lies in learning the basics. According to a 2014 survey conducted by Harris Poll on behalf of Junior Achievement USA (2014 Teens and Personal Finance Survey), 40% of teens do not have a savings account, checking account, or debit or credit card, and 59% of teens do not have money management classes offered at their schools.

Achieving economic prosperity is difficult, and it’s especially hard for young people who’ve never learned how to manage money.

Your credit union is ideally positioned to respond because we believe in the power of education. We’re here to help you launch the youth in your life toward financial independence, and here’s how:

Join. For starters, open a credit union savings account for each child in your family. As soon as your children can write, have them fill out deposit and withdrawal slips. Guide teenagers through using a debit card and tracking transactions.

Share. Include your children in household money discussions. Show them how you budget income and expenses. As their skills improve, give them challenges—such as finding a better cell phone plan, calculating the total monthly cost of owning a car, or sticking to a budget for back-to-school or holiday spending.

Coach. Remind your children to ask for help when they need it. And turn to your credit union when you want help. Our tradition of service and philosophy of self-help make Viriva Community Credit Union a natural partner in pursuing financial security.

For more information, CONTACT US today.



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