Our youngest 7 17 members (under 18 years old) can open up a new, secondary savings account and receive 7.17% APY, up to $1,000.*
- Primary account owner must be under 18 years of age; parents or guardians may be joint owners of the account
- No minimum deposit to open, deposits can be made any time
- Limit of one Youth Startup Savings Account per member
- Youth Startup Savings Account must be opened in a branch; not available online
- 7.17% APY applies to the first $1,000 on deposit, then current youth account savings account rates apply to all balances more than $1,000 – call us or visit our rates webpage for current rates
- Upon the accountholders 18th birthday, the youth startup savings account funds on deposit will be automatically transferred to their 7 17 primary membership savings account
- Dividends paid quarterly
- Offer subject to change or cancellation at any time. Rates subject to change without notice
APY = Annual Percentage Yield
*Primary account owner must be under 18 years of age; parents or guardians may be joint owners of the account. Limit of one Youth Startup Savings Account per member. Youth Startup Savings Account must be opened in a branch; not available online. 7.17% APY (Annual Percentage Yield) applies to the first $1,000 on deposit, then current youth account savings account rates apply to all balances more than $1,000 – call us or visit our rates webpage for current rates. APY effective as of August 1, 2024. Upon the accountholders 18th birthday, the Youth Startup Savings Account funds on deposit will be automatically transferred to their 7 17 Primary Membership Savings Account. Dividends paid quarterly. Offer subject to change or cancellation at any time. Consult a 7 17 Service Charge Schedule for applicable fees. Rates are variable and subject to change without notice.
