Teen Checking

Teen & Youth Checking

Teach your teen the basics of financial responsibility.

Open an Account

APY Effective 5/1/2019*

.05
%
APY

Checking

0.10
%
APY

Early Saver

$500.01+

6.17
%
APY

Early Saver

Up to $500

See Account Disclosure for details

Teaching Dollars and Sense

Start your child on the right financial path by teaching smart money management. Our free checking account is an ideal place to begin - it's a joint bank account for both you and your teen.

Free Banking Features

How to Open an Account

  1. Join or open an account in-person at a Neighborhood Financial Center 
  2. Select a debit card design
  3. Enroll in Online Banking**

Learn more about how to open an account with our checklist. Note: Existing Early Saver members can open a teen checking account online  through the teen's Online Banking. 

Beyond Teen Checking

At BECU, we believe in financial health. We also believe in keeping things simple. How do we do that? After your teen turns 18, their Early Saver savings account automatically converts into a standard BECU savings account, while their checking account remains a standard BECU checking account. You can either remain a joint account holder on the savings and checking account (helpful for parental deposits), or your teen can choose to convert the checking and savings accounts into independent accounts. As an "adult" account, they enjoy all the benefits of full-fledged BECU members:

  • All the same free features and tools they had before
  • Still no monthly fees or minimum balances
  • Eligible for Member Advantage,  which earns a higher rate of return on first $500 in deposits for both your checking and savings accounts***


Additional Resources

Savings Calculators

The Next Big Talk

BECU wants to make it easier for parents to have the next big talk about money management with their teens and help inspire financially independent adults. Teach your teen the importance of how to spend, save, borrow and plan. Start talking with your teen.

Easy to Use Calculators

*APY = Annual Percentage Yield; rates subject to change, fees may reduce earnings. To open a checking account you must establish membership by opening an Early Saver account. See Account Disclosure for details.
**Online Banking and eStatements are not available to anyone under 13 years old, eligibility and benefits subject to change.
***Limit one Member Advantage Checking and Saving account per person.