Kids Savings Accounts
It all starts with savings.
AGES 0-12
A future for them. Confidence for you.
Give your kids a strong start with a savings account built for their future. It’s more than just a place to stash allowance—it’s a way to teach smart saving, goal setting, and financial confidence. And you can rest easy that the habits you help them build today will help them make big, incredible moves tomorrow!
Because You Are Enuff™ and so are they.
As a for-impact financial institution, orsa credit union is dedicated to putting the success of our Michigan members first. No matter how young or awesomely amazing they are. Tap to learn more about our for-impact purpose here.
Kids Savings Account Options
The good stuff
Everything they need to grow—and then some. Available for ages 0-12 and always monthly-fee free!
Kids High Yield Savings with 10% APY*
Their first $1,000 earns money at 10% APY*—the best rate for a savings account!
- 10% APY* on their first $1,000 with a boosted savings rate beyond that!
- No maintenance fees
- No monthly fees
- No minimum to earn dividends
- Dividends compounded and paid monthly
- Full parental control, including digital banking support
- At age 13, automatically becomes a teen account
- Federally Insured by NCUA up to $250,000 with additional coverage up to $100,000 from ESI Corporation
- Just $5 to open!
Standard Kids Savings
Our standard savings account built to grow from the beginning.
- No maintenance fees
- No monthly fees
- No minimum to earn dividends
- Dividends compounded and paid monthly
- Full parental control, including digital banking support
- At age 13, automatically becomes a teen account
- Savings Only Debit Card with $60 ATM limit may be issued to parent or guardian—if requested
- Federally Insured by NCUA up to $250,000 with additional coverage up to $100,000 from ESI Corporation
- Just $5 to open!
Kids Savings Benefits
Earning, meet learning
Amazing kids deserve an amazing future.
Parental Control
An adult must be a joint owner, which means you have full control over the account. Including signing for all withdrawals and to cash checks.
Digital Banking
At orsa, parents are at the wheel. Monitor and control your child’s account right from our full-featured digital banking portal or app—24/7.
Hands On Learning
With 50+ Save. Spend. Give. Programs at schools across the state of Michigan, our Kids Savings Account is the homebase for participating students to save, learn, and earn.
Grow With Them
Not only does our Kids Savings Account grow their savings two ways with interest AND dividends, it also rolls over into a more capable teen account when they turn 13, automatically!
Start with Savings
Ignite their Impossible Dreams
Teach healthy habits early for a strong financial future!
Save. Spend. Give. Program
Earning while learning at school
To invest in the future of Michigan we’re giving students hands-on financial experience at 50+ schools across the state—and empowering them to run the whole show! Because when you build a more financially aware and stable generation, they’re more likely to build a stronger, more prosperous Michigan for us all.
Greenlight Debit Card & App
Greenlight Debit Card & App
Like a debit card with training wheels
Free* to orsa members, the Greenlight debit card & app are designed for kids and students that puts parents in full control. Add allowance money to the card automatically with the Greenlight app, and even create chore lists that pay out as things get checked off! Parents can also monitor their student’s spending, with real-time notifications to keep you in the loop about their progress!
Kidpreneurs born here
The earlier they learn how to handle their money, the better off they’ll be. Learn more about how we’re empowering kids.
News
Dreaming Wild: Introducing the Orsa Hub!
We’ve partnered with Plymouth-Canton Community Schools to ignite accessible STEM and financial education at Plymouth-Canton Educational Park (P-CEP) for years to come!
Guide
The Brand-New Investment Account for Newborns—That Comes With $1,000
Investing in their future is more important than ever—and the Fed’s new Section 530A Account can have them earning dividends while they’re still in diapers. Here’s everything you need to know for the July 2026 launch.
Guide
The Brand-New Investment Account for Newborns—That Comes With $1,000
Investing in their future is more important than ever—and the Fed’s new Section 530A Account can have them earning dividends while they’re still in diapers. Here’s everything you need to know for the July 2026 launch.
Kids, Teen & Young Adult Services
Grow with them
Because kids evolve as they grow, our financial tools grow with them. From easy beginnings to more full-featured accounts, we’re here to help you guide your family to a strong financial future.
Frequently Asked Questions
Kids Savings FAQ
What We Do
Making Impossible Dreams come true on the daily.
Wherever you are on your financial journey, you Belong here.
