Youth Savings Account
A smart start for growing savers.
The Youth Savings Account at Alcon Employees Federal Credit Union helps children and teens learn the value of saving from an early age. Available for ages 0–18, this account offers a simple way to build good money habits while earning dividends. With a low minimum balance and limited withdrawals, it’s a safe, supportive way for families to save together and plan for the future.
Already a Member? Contact us today to open a savings account!
Explore the World of Money with Ali
Youth Month Mission Launches April 1
Buckle up—Ali’s Money Mission is ready for takeoff, and your child’s financial adventure is about to begin.
At Alcon Employees FCU, we believe learning about money should feel exciting, empowering, and full of possibility. With Ali leading the way, kids can discover how to use their very own financial superpowers to reach big goals and build bright futures.
Your Child’s Money Mission Plan
This Youth Month, Ali is guiding young heroes to:
• Take on fun, interactive money challenges
• Outsmart tricky spending habits
• Set their own savings goals—big or small
• Learn simple tools to help their money grow
• Build confidence through smart financial choices
When kids start learning about saving, spending, and goal-setting early, they gain skills—and confidence—that last a lifetime.
Step Into Your Superpower. Start Your Mission. 🚀
Every hero starts somewhere—and this is your child’s moment.
Download the Explore the World of Money activities and begin building smart money habits at home, one mission at a time.
Youth Savings Account
Helping young savers grow with confidence.
Our Youth Savings Account is designed to teach children and teens how to save responsibly. Parents and guardians can guide and support their child while watching their savings grow over time.
Features:
Available for youth ages 0–18
$5 minimum balance to open and maintain the account
Earn dividends on savings
Up to 3 free withdrawals per month
Joint ownership with a parent or guardian
Best for:
Families who want to teach children healthy saving habits from an early age.
How does it work?
Simple steps to start saving early.
Open the account together
A parent or guardian opens the account on behalf of the child.
1
Make regular deposits
Add money from allowances, gifts, or paychecks to help the balance grow.
2
Watch savings grow
The account earns dividends and helps kids learn patience and goal setting.
3
Youth Savings Account FAQs
Who can open a Youth Savings Account?
Youth Savings Accounts are available for children and teens from birth through age 18.
Is there a minimum balance?
Yes. A minimum balance of $5 is required to keep the account open.
How many withdrawals are allowed?
You can make up to 3 free withdrawals per month.
Does the account earn dividends?
Yes. Youth Savings Accounts earn dividends, helping savings grow over time.
Can parents monitor the account?
Yes. A parent or guardian is a joint account owner and can help manage and guide saving activity.
Why Choose Alcon Employees FCU?
Friendly, personal service you can trust
Local decisions and fast support
Secure digital tools that fit your life
Member-owned and not-for-profit
Proudly serving Alcon employees, contractors, and their families.