Youth Accounts
Help your kids learn about money by opening a youth account with RCU.
Overview
Through April 30th, open a youth account and we’ll deposit $10 into new Youth Savings or $20 into new Teen Checking & Savings accounts.*
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*Offer valid on youth accounts opened between 4/1/2024 through 4/30/2024. $10.00 will be deposited into the savings account of the RCU Jr. Ranger Member (age 12 & under) or $20.00 will be deposited into the savings account of the RCU Jr. Partner Member (age 13-17) who opened a new account within the promotional period. Deposits will be made to the account within 3 business days of account opening. A responsible adult must be added as a joint Member on each youth account. Certain restrictions may apply.
Youth account online application
Please select the Youth Account that best fits your needs
If you’re not currently a Member of RCU, please review our Membership requirements below to determine if your are eligible to open an account.
For kids ages 12 and under.
For kids between the ages 13-17.
You can become a Member of RCU if you meet any of the following:
- You live, work or own a business in the counties of Sonoma, Marin, Napa, Mendocino, Lake, San Francisco, Solano, or Contra Costa.
- You are an immediate family member of a current RCU Member.
- You work for a designated Select Employer Group.
All Highlights
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Open with just $10
A $10 deposit opens a savings account with no fees or minimum balance requirements.
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Earn dividends
Motivate your child or teen to save more when they see their money is earning money.
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Online banking
Show kids how to view balances and watch their savings grow.
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Quarterly newsletter
Our youth newsletters feature saving tips and fun activities to help kids and teens learn money management skills.
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Online learning centers
Our M3 Money Club for kids and Elements of Money site for teens feature fun interactive stories, games, videos, and other activities to teach kids the basics of budgeting, saving, building credit, and more.
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Reward for saving money
Your child or teen will earn a free gift when they hit a specific savings milestone.
PPP Forgiveness Application Deadline
Congress passed The Economic Aid Act which changed the deferment period from 6 months post covered period to 10 months post covered period. For example, if your covered period ended June 30, 2021, under the new guidelines the earliest your first loan payment wouldn’t be due until April 2022, and you have until then to request forgiveness. Please use the following calculation to help you identify when your forgiveness will be due:
- PPP borrowers may select a covered period anywhere from 8 weeks to 24 weeks.
- RCU is automatically calculating your loan due date based on a 24-week covered period, if you intend on using a shorter covered period please inform us immediately as this will impact your due date.
- Your correct deadline will be reflected in your online banking account.
If all or part of your PPP loan is not forgiven, your first loan payment will be due the first of the following month after a decision is made by the SBA.
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