No
minimum balance required
Insured
up to $250,000 by NCUA
2.00%APY*
on the account’s first $500

Get your little ones ready to save big

Lessons learned early in life can serve kids for years to come, and that’s especially true when it comes to finances. Learning the value of money and saving when you’re young will help set on the right financial path. A MyLife Savings for Kids account offers you a way to help bring your kids along on their financial journey, giving them a place to watch their savings grow while you guide them.

With a MyLife Savings for Kids account, your child will get:

  • A boosted 2.00% APY on the first $500 in the account so they can really see the growth and get excited about saving early on.
  • An annual $10 birthday gift deposited to their account from USALLIANCE to help them celebrate.
  • An automatic transition to either a MyLife Teen Checking or MyLife Savings account when they turn 13.

With no monthly maintenance fees or minimum balance requirements, your child’s money will stay with them, and you can monitor their progress via digital banking whenever you want. Beginning to build your child’s savings now will certainly benefit them, but the good financial habits they learn from you will be even more valuable.

Father and two daughters about to blow out a birthday cake.
Father and two daughters about to blow out a birthday cake.

Get your little ones ready to save big

Lessons learned early in life can serve kids for years to come, and that’s especially true when it comes to finances. Learning the value of money and saving when you’re young will help set on the right financial path. A MyLife Savings for Kids account offers you a way to help bring your kids along on their financial journey, giving them a place to watch their savings grow while you guide them.

With a MyLife Savings for Kids account, your child will get:

  • A boosted 2.00% APY on the first $500 in the account so they can really see the growth and get excited about saving early on.
  • An annual $10 birthday gift deposited to their account from USALLIANCE to help them celebrate.
  • An automatic transition to either a MyLife Teen Checking or MyLife Savings account when they turn 13.

With no monthly maintenance fees or minimum balance requirements, your child’s money will stay with them, and you can monitor their progress via digital banking whenever you want. Beginning to build your child’s savings now will certainly benefit them, but the good financial habits they learn from you will be even more valuable.

Start your child saving today!

Open Now

What our members say:

Excellent and Patient Service

"One of your customer service reps helped me to open an account for my newly adopted son. She provided detailed information pertaining to the account and also info for college accounts."

- Elsol

Experience the Cooperative Difference

USALLIANCE is a non-profit, membership based, full-service financial organization.

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Member Focused

We do not answer to stock holders; we donʼt have any. Each member holds a share of ownership. Our decisions are aimed to better the lives of each and every member.

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