NXTGEN Youth Account Rates
It's never too early to start saving.
Even small deposits can add up and the savings is just part of the learning experience.
Learning to save early can really pay off.
Good habits start early. A youth bank account helps kids and teens practice saving for both little wins and big life moments. Maybe it’s a new game, a school trip, a first car, or college costs down the road. Each deposit teaches discipline, patience, and the payoff of sticking to a plan.
Youth account rates
Effective Date: November 5, 2026
| Product | APY* |
|---|---|
| Youth Savings | 7.00% |
| My First Checking | 7.00% |
| Teen Checking | 7.00% |
*APY = Annual Percentage Yield. APY will be earned on Youth Savings balances up to $500, My First Checking balances up to $250, and Teen Checking balances up to $250. Youth Savings account is for children between the ages of 0-17, My First Checking is for children between the ages of 6-13, and Teen Checking is for children between the ages of 13-17. The account will have a primary minor owner with a parent/gaurdian joint owner. Youth Savings account will automatically convert to a Member Savings account on the primary owner's 18th birthday. My First Checking account will automatically convert to a Teen Checking account on the primary owner's 14th birthday. Teen Checking account will automatically convert to a Geaux Free checking account on the primary owner's 18th birthday.