Teen Savings Accounts
Stack cash, gain independence.
If you’re reading this, you’re ahead of the curve
Nice work. You're already thinking about saving—that's a smart move. Whether you're stashing cash for your first car, college, or just a rainy day, we make it easy to start. With simple tools and no unnecessary fees, you’re in control of your future—because smart money moves start now.
Because You Are Enuff™, we’re here for you.
As a for-impact financial institution, orsa credit union is dedicated to putting your success first. No matter who you are, where you’ve come from, or what you’re dreaming of, we’ll walk with you to help you get there. Tap to learn more about our for-impact purpose here.
Teen Savings Account Options
The good stuff
The next step to financial freedom: No parent joint ownership required. Available from ages 13 to 23 and always monthly-fee free!
Teen High Yield Savings with 10% APY*
Your first $1,000 earns money at 10% APY*—the best rate for a savings account!
- 10% APY* on your 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
- Digital banking controls
- Federally Insured by NCUA up to $250,000 with additional coverage up to $100,000 from ESI Corporation
- Just $5 to open!
Standard Teen Savings
Our standard savings account designed to grow your cash and fund your future.
- No maintenance fees
- No monthly fees
- No minimum to earn dividends
- Dividends compounded and paid monthly
- Digital banking controls
- Federally Insured by NCUA up to $250,000 with additional coverage up to $100,000 from ESI Corporation
- Just $5 to open!
*APY = Annual Percentage Yield. Rate offered may change at any time. The minimum balance to open the account is $5.00. The 10.00% APY is earned on balances of $.01 to $1,000.00. Balances of $1,000.01 and above earn an APY of 0.10%. Fees could reduce earnings. Federally insured by the NCUA.
Teen Savings Benefits
Freedom to save
Set yourself on the path future-you will appreciate.
Digital Banking
Like a branch right on your phone, you can track, access, and control your account through our app or web portal.
No Monthly Fees
Your money should be your money, so we don’t charge any monthly or maintenance fees that steal your hard-earned cash. All it takes is $5 bucks to become a member and get started!
Two Ways to Earn
Your Teen Savings Account grows your savings two ways—with interest AND dividends! (Dividends are earnings that we share with our members as a reward for keeping your money with us!) It’s just one more benefit of being a credit union member at orsa.
Grow Your Change
Turn spare change into savings, automatically! Connect your orsa teen savings and checking with Grow Your Change to round up your spare change to the nearest dollar and deposit it right into your savings. It’s an easy way to save more every time you make a purchase with your orsa debit card.
Start Your Savings Journey
Open your teen savings account
You’ve got Impossible Dreams. We’ll help you make them happen.
Teen Checking Account
Teen Checking Account
Contact Us
Need a hand getting set up?
All good. We’re here to help!
Ignite your Impossible Dreams
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Kids, Teen & Young Adult Services
Ope! Not a teen?
All good. We have member-centered accounts and services built for every age and stage!
What We Do
Making Impossible Dreams come true on the daily.
Wherever you are on your financial journey, you Belong here.
