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Youth Accounts

Youth Savings AccountsMcCoy Federal has a savings program specially directed to youth savers ages 5 through 17.

The program has no fees and has two groups of savers, age 5 through 10 years and age 11 through 17 years.

HOW DO I JOIN

Go to any of the McCoy locations and let them know you would like to start a Youth Savings Account. Click here for directions to any of the McCoy offices.

HOW DO I SAVE

  • Money for savings can come from money you have already saved in a piggy bank or jar
  • Money from special occasions like birthdays
  • Allowance money
  • Money earned from chores or getting good grades
  • Money earned from babysitting or lawn cutting
  • Money from part time or full time jobs

TOO YOUNG OR TOO OLD
McCoy Federal has accounts to suit everyone's needs. We can set up an account for someone under 5 years of age to convert to a youth account at age 5. At age 18 our youth are invited to participate in McCoy's full range of accounts and financial opportunities.