inspiring our members to achieve financial success

Youth Savings Accounts

Give Your Children a Head Start on the Road to Financial Security
Teaching children about the benefits of saving for the future can sometimes be a struggle. So why not let Oxford Federal Credit Union help? Our Youth Savings Account, with our mascot Monty Moose, is an ideal – and fun – way to give your kids a head start in saving money.

Our Youth Savings Account:

  • Available to all Oxford FCU members under age 13
  • Only requires a $5 minimum deposit
  • Offers the same dividend rates as a Share Savings Account
  • Youth Account Savers receive a $5.00 deposit on their birthday from Monty Moose.


To open a Youth Savings, Share, or Custodial account online Click Here or call us at 1.800.991.9219.

Youth Share Certificates Youngsters who are serious about saving can open a Youth Share Certificate* with a deposit of just $100. Additional deposits in increments of $50 can be made without changing the terms of the Certificate. Youth Share Certificates:

  • Offer the same terms as our Regular Share Certificates
  • Are available only to individuals under age 18
  • Require a $100 minimum opening deposit
  • Allow for additional deposits of $50 or more
  • Pay a higher rate than a Share Savings Account
  • Are automatically Renewable

An early withdrawal penalty may apply.

Custodial Accounts You can also save for your child's future with a Custodial Account, which you control until your child reaches adulthood. The account custodian (often a parent or grandparent) can add or withdraw funds to or from the account at any time for the benefit the child. With a Custodial Account:

  • The account is opened under the child's name and social security number
  • At age 18, funds are transferred into a Share Savings Account in the child's name
  • Funds can be invested in Certificates or in a Money Market Account