Youth Accounts
Achieve more with a youth savings account.
open a new youth or teen account, get $50
April is Credit Union Youth Month! This month, when you open a new Youth Savings or Teen Account with an initial deposit of $100, sign up for online banking, and enroll in e-statements, we’ll add another $50¹.
Open a Youth Savings account at a branch by mentioning this offer, or online using promo code YouthMonth50.
Open a Teen Account at a branch by mentioning this offer, or online using promo code YouthMonth50_Teen.
New youth members will also be entered in a drawing for a chance to win a Squishmallow™, and new Teen Account holders will be entered in a drawing for a chance to win a GoPro™.²
Already have a Youth Savings or Teen Account? Existing members can stop into any branch and make a deposit of $10 or more in April to be entered in the drawing, too!³
meet the account that grows with your child
teach the money skills that last a lifetime
A Reliant Youth Savings Account is designed to grow right alongside your child, offering a steady way to build lifelong financial habits and set the foundation for future success.
How a Youth Savings Account supports your child at every stage:
Newborn–2: Start their journey early with a dedicated savings account. When you open a Youth Savings Account for your baby, we’ll give you a Reliant bib as a simple way to celebrate the beginning of their financial future.
Ages 3–12: In these formative years, a Youth Savings Account helps kids build the fundamental money skills they’ll carry through life. You’ll receive a birthday card from us each year that you can bring into any branch to get a gift from us. Plus, enjoy access to our kid‑friendly financial literacy program, including a free chore and allowance app, designed to make learning about money fun.
Ages 11–17: Give teens hands‑on experience managing their own money as they put their financial skills into action. Alongside their Youth Savings Account, you can add a Reliant Teen Account, giving them access to their own debit card. Parents can stay connected through our mobile banking app and adjust controls as needed.
GET STARTED
download our financial ed app for families
included with your reliant youth membership
As part of your Reliant youth membership, we offer complimentary access to a fun and engaging financial literacy program, featuring an online library of financial education content for parents and kids, plus a chore and allowance app designed to help children build confidence with money from an early age.
Designed for kids ages 3–13, the experience grows with your child, keeping learning both engaging and age‑appropriate. Through interactive games, challenges, and simple lessons, kids learn the basics of budgeting, saving, and spending wisely.
Parents stay in full control with easy‑to‑use tools to set allowances, assign chores, define rewards, and guide progress. Plus, there’s no need to connect a credit union account—more on that in the FAQs below.
- Smart Piggy Bank: A virtual “Save, Spend, and Give” tracker
- Chore Puzzles: Puzzles turn chores and goals into step‑by‑step progress kids can see
- Goal Setting: Teaches delayed gratification as goals come together piece by piece
- Automatic Allowance & Interest: Parents control amounts, timing, and reward structure
- Leaderboards: Encourages earning, saving, and generosity in an engaging way
In addition to the app and the online library, families can discover printable activities and financial education resources at their local branch, helping everyone build smart money habits together.
Get started with your free subscription today. Click the button to download the app and use code ReliantCU.
DOWNLOAD THE APPchore and allowance app FAQs
The app provides a virtual family piggy bank, tracking money parents are holding on behalf of their children. When you buy something for your child, simply deduct it from their virtual account. When you donate on behalf of your child, it’s easy to move the virtual money into their Give account. Because the app is a virtual piggy bank, you don’t have to enter any personal identifying information like your social security number or credit union account number.
We use puzzles to track earning for a few excellent reasons – all based in behavioral psychology. First, puzzles are fun! Kids need things to be fun if they’re going to keep engaging. Second, puzzles are the perfect way to teach kids the lifelong important skill of delayed gratification. Kids get instant gratification from earning a puzzle piece, and learn to delay their gratification of the overall “prize” until the end. Third, puzzles provide visual stimulus to keep kids motivated. There is nothing more frustrating than staring at an unfinished puzzle.
Very little! The average interaction with the app is less than a minute. The real work is done outside the app. Kids achieve and engage in Acts of Kindness outside the app and then track those accomplishments in the app. Savings can be automatic (life skill!) and the Daily Fun Fact is just that – one fun fact a day to build financial knowledge.
The Give account tracks three things: 1) Money your child has donated to charity. Parents keep track of this and donate to the charity and then move that money from the child’s Spend/Save account into the Give account. 2) Acts of Kindness. Generous kids are happier kids, but children don’t always have money to give, so we also track Acts of Kindness. 3) Community Service. Your child can keep track of hours and have a record of their service.
Yes! Click into the Save section of their Egg and it will give you the option to add interest. The interest is “paid out” on the first of the month.
Yes! Click into the Save section of their Egg and it will give you the option to set up automatic transfers. Once this is complete, a percentage of whatever is added to their Spend account will automatically transfer to their Save account.
Teen Account
Empower your teen with the tools they need to embrace financial responsibility and independence. With their own checking account and debit card, teens ages 11–17 can take charge of their spending while learning essential saving skills. Through Reliant’s mobile banking app, parents can easily track their teen’s financial progress. Teen Accounts seamlessly transition into Everyday Checking Accounts past age 17, ensuring we will be there every step of their financial journey.
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Help us recognize little achievers
Do you know someone age 12 or under who loves helping others? Nominate them to be named a Reliant Little Achiever!
Reliant will select a Little Achiever each month and supplement their efforts to help others by providing gift cards, supplies, or other assistance as needed.
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Bring in your report card, get rewarded!
Education is important and we want to reward you for working hard!
Bring your report card to any branch during the months of June or July and we’ll deposit $10 into your account!4
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Scholarship opportunities
Each year, we award scholarships of up to $3,000 to high school and college students who exemplify the credit union philosophy, “people helping people.”
youth and teen account FAQs
A youth account allows the child whose name is on the account to have access to the funds in the account. Reliant also offers a custodial account, where the funds are for the child, but the child does not have access to the funds. Visit any Reliant branch or call us at 800-724-9282 for more details.
A youth member can qualify to get a Reliant Teen Account, a checking account featuring a debit card, at age 11. In order to open a Teen Account, a parent or guardian must be a joint owner on the account.
Yes. In order to open a new Reliant account, anyone under the age of 18 will need to show one form of ID, such as:
- Birth certificate
- Passport*
- Social Security card
- School ID
- NYS Driver License
- NYS Non-Driver identification
- NYS learner’s permit
*Note: A passport is accepted for identification, but not for address verification.
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Disclosures
1: YOUTH ACCOUNTS: For a qualified new youth member who 1) opens a youth savings account online or in-branch with a minimum deposit of $100 and maintains a $100 average daily balance for at least 90 days; AND 2) signs up for online banking and e-statements, $50 will be deposited into that youth account within 100 days of the account opening as long as $100 average daily balance has been maintained for at least 90 days. To open in-branch, mention this offer to a Member Service Representative. To open online, use promo code YouthMonth50. Offer valid for new Reliant members only. Any member who has had an account with Reliant within the past 24 months will not qualify as a new member. TEEN ACCOUNTS: For a qualified member who 1) opens or adds a Teen Account online or in-branch with a minimum deposit of $100 and maintains a $100 average daily balance for at least 90 days; AND 2) signs up for online banking and e-statements, $50 will be deposited into that account within 100 days of the account opening as long as $100 average daily balance has been maintained for at least 90 days. To open in-branch, mention this offer to a Member Service Representative. To open online, use promo code YouthMonth50_Teen. Bonuses are considered interest and may be reported on IRS Form 1099-INT (or Form 1042-S, if applicable). Offers valid through April 30, 2026. Membership eligibility is required. Limit one incentive offer per member/account and cannot be combined with any other offer.
Federally insured by NCUA.
2: Click here to view official contest rules.
3: Existing youth members who stop into a Reliant branch and deposit $10 into their accounts in April will be entered in the drawing. One entry per youth account. Click here to view official contest rules.
4: For a qualified youth member who brings in their report card to a branch in the months of June or July, $10 will be deposited into that account that day. Limit one incentive offer per member/account per calendar year and cannot be combined with any other offer. Offer is valid for Reliant youth members only. Bonuses are considered interest and may be reported on IRS Form 1099-INT.
5: To access your account using Mobile Banking, you must first enroll your account in Online Banking. Once enrolled, you will use the same Username and Password to access your account through both online and mobile banking.
Membership eligibility is required. This credit union is federally insured by the National Credit Union Administration.
