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Youth & Young Adult Savings
Youth and Young Adult Savings
Let your kids watch their money grow when they earn a generous dividend rate of 1.26% APY* on the first $1,000!
Youth Savings and Young Adult Savings accounts are a great way for parents to give their kids the opportunity to learn financial responsibility by saving money in their very own account. The youth is the primary account holder, which means the account can develop with your child as they get older.
After your child turns 18 years of age, the account will automatically convert to a Young Adult Savings account, which will earn an even higher dividend rate of 3.05% APY* while also providing access to the next financial products and services needed to transition into adulthood.
Youth Savings Account
Special Savings Accounts and Certificates can be added to this account. Members ages 13 - 15 can enjoy Simply Checking or High Rewards Checking when a responsible adult is also on the account. Members who are 16 or 17 can add a checking as long as they have a government-issued ID. LGE debit cards have no monthly fee, and you can even order a Spirit Card with the design of your high school!
Young Adult Savings Account
No joint owner is required, and any other credit union products and services that you qualify for, such as an auto loan, credit card, or Courtesy Pay for your checking account, may be added to the account.
Open a Youth or Young Adult Savings Account
Stop by any of our branches.
Call 770-424-0060 to convert an existing savings account over the phone.
Open an account online from the comfort of your home.
*APY=Annual Percentage Yield. See our Rate for current rate and APY. Rates effective 10/01/2021 and may change at any time. A $100 minimum balance is required to earn dividends on Youth and Young Adult Savings Accounts. Fees could reduce earnings on accounts. Refer to the Deposits Rates page for current rate and APY.Youth and young adult savings accounts are available to members through age 22 and are limited to one account per person.