Give the gift of savings this holiday season! Opening a CommonWealth membership* for your child, grandchild, or other special kiddo in your life is a holiday gift that starts them on the road to a successful financial future. We have the perfect youth account that will grow with your loved ones.
This is the perfect savings account for teens who are ready to start saving. You may even want to open a checking account for those active teens that are always on the go.
A youth account has all these great features:
Our youth savings accounts are easy to open with a minimum deposit of only $5.00 and they come with an ATM or Debit Card. Plus, in addition to a savings account you can take advantage of opening a 12-month Youth Share Certificate with a rate of 2.00% APY!1
*Sammy Savers Club Account and For Young Investor Club Account must have an adult legal owner and open with a minimum required deposit of $5.00. Legal owners must also have a CommonWealth membership. To take advantage of any other youth products and services, a Sammy Savers Club Account or For Young Investor Club Account must be opened first to establish membership. Youth Accounts will automatically convert to a Regular Shares Account at age 18.
1APY = Annual Percentage Yield. Share Certificates use simple interest on a daily basis, which applies the daily periodic rate to the balance in the account each day. Dividends are paid monthly.
Scholarship Applications Now Open!
Now through March 31st, we are accepting educational scholarship applications for high school seniors.
For a limited time, get a 1.25% loan rate discount when you finance an Enterprise Certified™ used vehiclewith CommonWealth!* Plus, take advantage of no payments of 90 days!**