Youth and Parents
Our youth products grow with your child and help them reach their goals at every stage of life. Children under 18 can earn up to 4.00% * APY on youth savings account balances up to $500.
PSECU Youth Account Perks
4.00% * APY
Kickstart your child’s savings with a special youth savings rate on account balances up to $500 for children under age 18.
Teach Financial Wellness
We have financial tools, tips, and resources to help your child understand basic money skills of everyday life like banking, budgeting, and investing.
Trusted Financial Partner
Access to great PSECU products and services that grow with your child to help them achieve more at every stage of life.
Greenlight is totally on us**!
Greenlight is a trusted banking app and debit card (issued by Community Federal Savings Bank, Member FDIC) for kids and teens. The Greenlight app is a cool, hands-on way to teach kids how to earn, spend, and save wisely – and parents and guardians will love to use it too. Parents set flexible controls and get real-time notifications of their kids’ money activity.
Free** subscription for the whole family with PSECU membership.
Greenlight is a financial technology company, not a bank. The Greenlight app facilitates banking services through Community Federal Savings Bank (CFSB), Member FDIC.
**PSECU members are eligible for the Greenlight SELECT plan at no cost when they connect their NCUA-insured PSECU checking account as the Greenlight funding source for the entirety of the promotion. PSECU debit cards are not eligible for this promotion. Subject to minimum balance requirements and identity verification. Upgrades will result in additional fees. Upon termination of promotion, customers will be responsible for associated monthly fees. See terms for details. Offer ends 7/30/2025. Offer subject to change and partner participation.


Cash Bonus Offer
(Ages 0-12)
During the month of April (4/1/25 – 4/30/25), we’ll match the first deposit of up to $25*** when you open a new Youth Savings account, add funds by April 30, 2025, and meet promo requirements.
To Earn the Youth Bonus:
- Open a youth savings account with a youth, age 0-12, between 4.1.25 to 4.30.25 using promo code YOUTH.
- PSECU will match the initial deposit made to the Regular savings share up to $25 within 45 days after the requirements are satisfied.
Note: This does not include the initial $5.00 funding to open the account. The match will be made based on only the first deposit after account opening to the Regular savings share. - Limit one (1) new youth savings account bonus per Youth primary owner tax identification number used to open a new PSECU youth savings account.

Cash Bonus Offer
(Ages 13-17)
New teen members who open a Teen Banking Account can earn $100**** cash bonus when they complete the following within 60 days of establishing membership and meet promo requirements:
- Open a Teen Bank Account with a Checking Account and debit card using promo code TEEN.
- Sign up and log into digital banking (online or mobile).
- Make five qualifying transactions – transfers, deposits, and debit card purchases.
Youth Savings Account
(Ages 0-12)
Teach your child the basics of saving with our youth savings option for kids ages 0-12.
Features and Benefits:
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Children under age 18 qualify for a 4.00%1 Annual Percentage Yield (APY) on savings account balances of up to $500.
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With no opening or monthly maintenance fees, your child’s savings stay intact as they build their financial future.
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A parent or guardian is required to be a joint owner on this account to help guide the child and teach them the value of saving.
Teen Banking Account
(Ages 13-17)
Teenagers age 13 and over can open a teen banking account that offers a little more independence.
An adult is required to be a joint owner. The joint owner will help monitor and guide financial decisions, ensuring teens learn to manage their finances responsibly. There is no requirement for them to be removed when the child reaches age 18.
Features and Benefits:
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Children under age 18 qualify for a 4.00%1 Annual Percentage Yield (APY) on savings account balances of up to $500.
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Both the youth and joint owner(s) are eligible for a PSECU debit card in their own names.
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Teens will have the freedom to manage their accounts, such as making deposits (if enrolled in checking), transferring funds, and more through digital banking. While they enjoy this autonomy, parents have a watchful eye as joint owners, helping guide and teach them responsible money management skills every step of the way.
Youth Savings (Ages 0-12)
Features and Benefits:
- Special youth savings rate - Children under age 18 qualify for a 4.00%* Annual Percentage Yield (APY) on savings account balances of up to $500.
- No monthly fees - With no opening or monthly maintenance fees, your child’s savings stay intact as they build their financial future.
- Gentle guidance - A parent or guardian is required to be a joint owner on this account to help guide the child and teach them the value of saving.
To Earn the Youth Bonus
During the month of April (4/1/25 – 4/30/25), we’ll match the first deposit of up to $25*** when you open a new Youth Savings account, add funds by April 30, 2025, and meet promo requirements:
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Open a youth savings account with a youth, age 0-12, between 4.1.25 to 4.30.25 using promo code YOUTH.
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PSECU will match the initial deposit made to the Regular savings share up to $25 within 45 days after the requirements are satisfied.
Note: This does not include the initial $5.00 funding to open the account. The match will be made based on only the first deposit after account opening to the Regular savings share.
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Limit one (1) new youth savings account bonus per Youth primary owner tax identification number used to open a new PSECU youth savings account.
Teen Banking (Ages 13-17)
Features and Benefits:
- Special youth savings rate - Children under age 18 qualify for a 4.00%* Annual Percentage Yield (APY) on savings account balances of up to $500.
- PSECU debit card - Both the youth and joint owner(s) are eligible for a PSECU debit card in their own names.
- Independent access - Teens will have the freedom to manage their accounts, such as making deposits (if enrolled in checking), transferring funds, and more through digital banking. While they enjoy this autonomy, parents have a watchful eye as joint owners, helping guide and teach them responsible money management skills every step of the way.
To Earn the Teen Bonus
New teen members who open a Teen Banking account can earn $100**** cash bonus when they complete the following within 60 days of establishing membership and meet promo requirements:
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Open a Teen Banking account with a Checking Account and debit card using promo code TEEN.
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Sign up and log into digital banking (online or mobile).
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Make five qualifying transactions – transfers, deposits, and debit card purchases.
Custodial Account Option
Parents, guardians, grandparents, or other family members can make an irrevocable financial gift by opening a custodial savings account on behalf of a child. These accounts stay open until the child turns 21, providing a long-term gift that grows with them.
We're Here to Help
Planning for College
As students head off to college, and beyond graduation, our digital banking tools make it easy to manage their money, no matter where they go.
PSECU Scholarships
We have financial tools, tips, and resources to help your child understand basic money skills of everyday life like banking, budgeting, and investing.
International Student Banking
Our digital banking options let international students manage their money at their convenience - anytime, anywhere. To join PSECU, international students will need varying identification documents, depending on their residency status.
How Can I Make Recurring Deposits into My Child’s Account ?
To make regular recurring deposits, you must be one of the following on the child’s account: primary owner, joint owner, or the custodian.
You’ll need to take two separate actions to make automatic deposits using our transfer service. First you need to link the two accounts, then you need to set up recurring transfers. The steps are slightly different between online banking and mobile banking. The instructions are organized to show how to complete the linking and recurring transfers steps for each platform.
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Linking Accounts
- Log into online banking from the account you are the owner of and where the recurring transfer will originate from.
- Select Transfers from the top menu.
- Select Transfer List on the right side.
- Select Link Your PSECU Account on the right side.
- Complete the fields for the username of the account you want to transfer to.
- Select Link Accounts on the right side. A success screen will display.
Setting Up Recurring Transfers
- Log into online banking from the account you are the owner of and where the recurring transfer will originate from.
- Select Transfers from the top menu.
- Select Transfer From and select the account the transfer will originate from.
- A new field will be displayed that will give you access to a secondary drop-down menu. Click on the chevron to select the destination share of the linked account.
- Follow the prompts to amount, frequency, start date, and end date, (optional).
- After you’re satisfied with these details, select Confirm to complete the set up.
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Linking Accounts
- Log into mobile banking from the account you are the owner of and where the recurring transfer will originate from.
- Select Transfers from the bottom of the screen.
- Select Transfer List.
- Select Link Your PSECU Account.
- Enter the username of the account you want to transfer to and select Next.
- Enter the password of the account you want to transfer to and select Link Accounts.
- A success screen will display.
Setting Up Recurring Transfers
- Log into online banking from the account you are the owner of and where the recurring transfer will originate from.
- Select Transfers from the bottom of the screen.
- Select New Transfer.
- Select Transfer List.
- Tap the radio button for the share the money should be withdrawn from.
- Tap the down arrow to the right of the linked account and select the linked account share to transfer the money to.
- Enter the transfer amount, then Next.
- On the following screen, toggle the Schedule Detail switch to select the transfer’s frequency, start date, and end date (optional).
- Selecting Next will schedule the transfer. A success screen will display.

Achieve More with PSECU
More gimmes + less gotchas = modern digital banking. Become a member today, and let your money live in the 21st century.
*APY denotes Annual Percentage Yield. To be eligible for the Youth Savings rate, the primary account owner must be under the age of 18. All eligible Youth Savings Share accounts earn 4.00% APY for balances of $.01 to $500.00. For balances of $500.01 and over, the Regular Savings Share APY will apply. Rates and information are subject to change at any time. Fees could reduce earnings on the account(s). The disclosed dividend rates are variable and may change after the member opens the account(s). Find our current dividend rates at psecu.com/rates. PSECU requires a $5 minimum balance to open and maintain a Regular share account. This $5 share account deposit is also required to be eligible to receive the Youth Savings rate, and the member must be in good standing as defined by PSECU's Bylaws, Article II, Section I. PSECU will make a $5 minimum share purchase on behalf of the member.
***Youth Deposit Promo Terms and Conditions: From 4.1.25 to 4.30.25, PSECU is running a new youth savings account bonus. To receive the bonus, adult members must open a new youth savings account via the online application through psecu.com/youth with a minor aged 0 – 12 years of age (“Youth”) using promotional code YOUTH and satisfy the requirements listed below. Paper applications are not eligible for this promotion. “Youth savings account” is defined as an account where the primary owner of the account is the Youth and the adult is the joint owner on the youth savings account. All youth savings accounts must be opened and funded with promotional code YOUTH by 04.30.2025 at 11:59 pm to be eligible. PSECU will deposit the bonus into the Regular savings share within 45 days after requirements are satisfied. PSECU will match only the first deposit made into the Regular savings share up to $25 after account opening (does not include initial $5 deposit at account opening). Deposits to other shares such as checking or additional savings shares will not qualify for this bonus offer. Promotion open to adults and Youths who are U.S. Residents. Adults must be at least 18 years of age at the time the youth savings account is opened with the Youth. Youths must be aged 0 – 12 years at the time the youth savings account is opened with the adult joint owner. Limit one (1) new youth savings account bonus per Youth primary owner tax identification number used to open a new PSECU youth savings account. Joint owners listed on accounts are not eligible to be rewarded for this bonus. You will not be eligible for the youth savings account bonus offer if the Youth is a current PSECU member, has closed a youth savings account within the past 12 months, or has received any new member incentive bonus within the past 12 months. However, current custodial account holders can qualify for this new youth savings account bonus if the custodial account is in good standing as defined below. Members who open accounts and/or loans by fraudulent, suspicious, or illegal means, including but not limited to providing PSECU with fraudulent or fabricated information, are not eligible to participate in this bonus offer. PSECU may adjust the deposited bonus or remove the deposited bonus at any time if PSECU suspects accounts and/or loans were opened by fraudulent, suspicious, or illegal means, including but not limited to providing PSECU with fraudulent or fabricated information. $5 is required to open and maintain a Regular share account. This $5 share deposit is also required to be eligible to receive the bonus, and the member must be in good standing, at the time of payout, as defined by PSECU's Bylaws Article II, Section 1. A $5 minimum share purchase will be made on behalf of the new member by PSECU. If the member account is closed within the first year of membership, the initial $5 share will be retained by PSECU. The Annual Percentage Yield on PSECU's Youth Savings is 4.00% on balances of $0.01 to $500.00 and 0.50% on balances of $501.00 and greater. This variable rate is current as of 02.01.2023 and may change. Withdrawals and fees may reduce earnings on the account. If you have any questions, please seek the advice of a qualified tax professional. All decisions of PSECU regarding this promotion are final. PSECU may terminate or change the terms and conditions of this promotion without notice. Subject to all applicable federal, state, and local laws and regulations. and may change. Withdrawals and fees may reduce earnings on the account. If you have any questions, please seek the advice of a qualified tax professional. All decisions of PSECU regarding this promotion are final. PSECU may terminate or change the terms and conditions of this promotion without notice. Subject to all applicable federal, state, and local laws and regulations.
****Teen Promo Terms and Conditions: From 4/1/25 to 12/31/25, PSECU is running a teen account promotion. To receive $100, new members, age 13 through 17 must sign up with a teen account with promotional code TEEN via the online application through psecu.com/youth and satisfy each of the requirements listed below. Paper applications are not eligible for this promotion. “Teen account” is defined as an account where the primary owner of the account is the teen and the adult is a joint owner on the teen account. The teen’s information will need to be within the Primary Applicant fields and the adult’s information will need to be within the Joint Applicant’s fields within the Youth Savings Share application. After the first 60 days from establishing membership, your status to receive the bonus will be assessed and processed, which can take up to 30 days. This means, if all requirements are met, you can expect your bonus to be deposited into your Regular savings share within 105 days from establishing membership. Promotion open to U.S. Residents who are between the ages of 13 - 17 (Minor) at the time membership for the Minor and a Joint Owner is established by a Joint Owner who is at least 18 year of age on behalf of the minor. Limit one (1) new teen account promotion $100 per tax identification number used to open a new PSECU account. Joint owners listed on accounts are not eligible to be rewarded for this bonus. You will not be eligible for the $100 Teen promotion if the minor is a current PSECU member, has closed an account within the past 12 months, or has received any new member incentive bonus within the past 12 months. Members who open accounts and/or loans by fraudulent, suspicious, or illegal means, including but not limited to providing PSECU with fraudulent or fabricated information, are not eligible to participate in this promotional offer. PSECU may adjust the deposited bonus or remove the deposited bonus at any time if PSECU suspects accounts and/or loans were opened by fraudulent, suspicious, or illegal means, including but not limited to providing PSECU with fraudulent or fabricated information. $5 is required in the Youth Savings share to open and maintain a Teen Banking account. This $5 Youth Savings share deposit is also required to be eligible to receive the bonus, and the member must be in good standing as defined by PSECU's Bylaws Article II, Section 1 to receive the bonus. A $5 minimum share purchase will be made on behalf of the new member by PSECU. If the member account is closed within the first year of membership, the initial $5 share will be retained by PSECU. The Annual Percentage Yield on PSECU's Youth Savings is 4.00% on balances of $0.01 to $500.00 and 0.50% on balances of $501.00 and greater. This variable rate is current as of 02.01.2023 and may change. Withdrawals and fees may reduce earnings on the account. The recipient of the promotion ($100) is solely responsible for payment of applicable taxes on that amount. If you have any questions, please seek the advice of a qualified tax professional. The decisions to award a portion or total bonus is solely within PSECU’s discretion, and all decisions made by PSECU shall be final. PSECU may terminate or change the terms and conditions of this promotion without notice. Subject to all applicable federal, state, and local laws and regulations. See psecu.com/youth to learn more. $100 Teen Promotion (must be completed within 60 days of establishing membership)
Within 60 days of establishing membership, you must sign up with promotional code TEEN, be approved for a checking account with debit card, sign up and log in to digital banking (online or mobile) and set up and make 5 qualifying transactions. All transactions must be posted to the account by the 60th day in order to qualify. Pending transactions will not count towards a qualifying transaction. PSECU is not responsible for delays caused by force majeure, act of God, or third parties in the processing of any transaction.
Qualifying transactions are defined as transfers, debit card purchases, and deposits. Each transaction must be a minimum of $5. Transfers can be made through external accounts and person to person (P2P). Debit card purchases are purchases made with a PSECU debit card. Deposits are money and checks deposited into the new checking or savings account by mobile deposit, ATM deposit, direct deposit, or cash deposit made at participating PSECU locations.
Transactions that are not eligible for the Teen Promotion include, but are not limited to, the following: unauthorized purchases/fraudulent transactions, purchase of Travelers Cheques, account fees, fee reversals, dividends posted by PSECU, overdraft transfers, merchant returns, credit adjustments, government-owned lotteries, betting, lottery tickets, casino gambling.