Kids Savings account
Scottie Savers Club
The Scottie Savers Club helps kids 12 and under learn to save, set goals, and have fun building early financial skills.
A HEAD START ON HEALTHY MONEY HABITS
KEY BENEFITS
Financial education for kids
Easy to open
Low-balance dividends
Fun rewards
Why kids (and parents) love the Scottie Savers Club
In the Scottie Savers Club, kids 12 and under learn that saving is fun, rewarding, and connected to their future goals.
Easy to open
Visit any branch to open a Scottie Savers account. Get started with just $5, your child’s Social Security number, and a parent, grandparent, or guardian as a joint owner.
Grow their savings
Kids earn dividends with just a $5 balance.
Fun rewards
- Earn one Scottie Buck for every $5 saved to spend at the Scottie Store on toys, games, and more
- Get a free book at account opening
- Invitation to participate in our annual Scottie Days event at any branch — including treats, gifts, and discounts at the Scottie Store
Build confidence
Fun rewards and real experience help kids connect saving with confidence and accomplishment.
Scottie Savers account details
- Start good habits: Starting early to establish the saving habit is best. It’s an important first step and gives kids a chance to learn about money with parental guidance. Over time they build a better understanding of how money works.
- Be a good influence: Parents and grandparents are the primary influence on kids’ perceptions about money and its use.
- Build understanding: Saving sets the stage for prudent use of other helpful financial services. When kids become teens they’ll likely need checking accounts, credit cards and auto loans.
- Be ready for the future: With an established saving habit, kids are more likely to develop into adult savers who will be ready for unforeseen events such as emergencies — and opportunities.
Effective date
Friday, November 6, 2026
| Account | Minimum balance to earn dividends* | Dividend rate | Annual Percentage Yield (APY) |
|---|---|---|---|
| Basic Savings | $100.00 | 0.10% | 0.10% |
| Scottie Savers** | $5.00 | 0.10% | 0.10% |
| Teen Savings** | $5.00 | 0.10% | 0.10% |
Minimum balance to open all savings accounts is $5.00 | |||
* Minimum balance that must be maintained each day to earn dividends. | |||
** Members under 18 require a parent or guardian as a joint signer. | |||
Savings account rates
Basic Savings
Scottie Savers**
Teen Savings**
Minimum balance to open all savings accounts is $5.00
* Minimum balance that must be maintained each day to earn dividends.
** Members under 18 require a parent or guardian as a joint signer.
| Fee type | Product fees |
|---|---|
| Basic Savings account fees | |
| $250 minimum balance | No charge |
| Less than $250 minimum balance | $3.00 / calendar month |
| Other savings account fees | |
| Scottie Savers Club – Age 0 to 12 | No charge |
| Teen Savings account | No charge |
| High Yield Savings Account | No charge |
Following a 3-month grace period, Basic Savings must maintain a minimum daily balance of more than $250 or, if less than $250, have one other account type to avoid a $3 service fee per calendar month. If you have multiple Basic Savings Accounts, each account may receive a separate fee based on each individual balance. The $3.00 fee is not applicable to Scottie Savers, TLT, or High Yield Savings accounts. The $3.00 service fee may be waived if you qualify for the Enhanced or Premier Member Merits categories. | |
| Overdraft Paid (Courtesy Payment) | |
| $10.00 or less | No fee |
| $10.01 or greater | $10 per presentment** |
| Returned Item fee (non-sufficient funds) | |
| $10.00 or less | No fee |
| $10.01 or greater | $10 per presentment*** |
** Overdraft Paid fees are limited to a daily maximum of 5 overdraft fees per day per account. | |
***Returned Item fees are limited to one per day per account. We may charge a fee each time an item is submitted for payment. | |
Savings account fees
Basic Savings account fees
$250 minimum balance
Less than $250 minimum balance
Other savings account fees
Scottie Savers Club – Age 0 to 12
Teen Savings account
High Yield Savings Account
Following a 3-month grace period, Basic Savings must maintain a minimum daily balance of more than $250 or, if less than $250, have one other account type to avoid a $3 service fee per calendar month. If you have multiple Basic Savings Accounts, each account may receive a separate fee based on each individual balance. The $3.00 fee is not applicable to Scottie Savers, TLT, or High Yield Savings accounts. The $3.00 service fee may be waived if you qualify for the Enhanced or Premier Member Merits categories.
Overdraft Paid (Courtesy Payment)
$10.00 or less
$10.01 or greater
Returned Item fee (non-sufficient funds)
$10.00 or less
$10.01 or greater
** Overdraft Paid fees are limited to a daily maximum of 5 overdraft fees per day per account.
***Returned Item fees are limited to one per day per account. We may charge a fee each time an item is submitted for payment.
Find a branch or ATM
Use the Find a location panel below to find a nearby branch, ATM, or one of more than 40,000 surcharge-free CO-OP ATMs nationwide.
Financial Education Center
The next step: Teen savings
Teens savings accounts are for members ages 13-18 who are not enrolled in college
