Is the Youth Account Right for You?
The Youth Account is designed for individuals up to the age of 18, offering a debit card, savings, and checking with parental oversight. It’s a great way to teach smart spending and saving habits while allowing parents to manage allowances and monitor transactions. With features like mobile banking, automatic transfers, and account balance alerts, your child can start learning financial responsibility in a secure and supportive environment. Set them up for success today with Youth Accounts!
For Students 18 and Under
- Checking & Savings Accounts
- Easy Way to Give Allowances
- Account Balance Alerts
- Zelle & Online Banking
Open a Youth Account Now!
Apply Now
Why Open a Youth Account?
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Manage Money
Helps manage money by tracking spending, setting savings goals, and making secure payments—all in one place.
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Transfers
Makes it easy for parents to automatically add funds to their teen’s account, helping them build positive saving and spending habits.
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Future Saving
Helps build smart saving habits by allowing to set aside money in a dedicated savings account, preparing for future financial goals.
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Checking Account
Gives youth freedom to manage their own spending with a debit card while parents provide oversight, helping them build responsible money habits.
Talk to a Real Person
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Find Us Nearby
We are thrilled to offer personalized service, expert financial guidance, and access to in-person support.
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Give Us a Call
Get quick answers and personalized assistance without leaving home. We make banking more convenient and accessible.
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Send Us an Email
Email us for personalized, easy, and fast support. A member representative will reply memberservice@welcomecu.org
Learn to Manage Your Money
Opening an account is a great way to learn essential money management skills. You’ll discover how to budget effectively, set and achieve savings goals, and track your spending habits. Our friendly member service representatives are here to help you plan for big milestones, like saving for your first car. Plus, with financial counseling services coming soon, you’ll have access to personalized advice to help you manage, budget, and balance your account successfully.
Youth Account FAQs
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Who is eligible for the Youth Account?
The Youth account is designed for youths 18 and under. A parent or guardian must be a joint account owner and is responsible for the account. They also must be a member.
What are the benefits of the Youth Account?
This account helps young members learn money management with a debit card, checking, and savings, while parents can provide oversight and manage allowances.
What is the minimum deposit required to open an account?
- Checking: $25
- Savings: $5
Does this account come with a debit card?
Yes! A debit card is available for the child, some restrictions may apply.
Can the Youth Account earn interest??
Yes savings account only, it encourages young savers to build healthy financial habits.
Are e-statements required?
Yes, e-statements are required due to regulatory guidelines.
Can I set up automatic transfers to this account?
Yes! Parents can set up automatic transfers and deposits to either the checking or savings account.
What happens if there is no activity on the account?
At least one transaction per year is required to keep the account from going dormant.
Can the account holder borrow money or have overdraft protection?
No, borrowing and overdraft protection are not available for this account.
Does this account support Zelle?
Yes! The Youth Account is Zelle-enabled, allowing easy transfers with friends and family.
The owner of this website has made a commitment to accessibility and inclusion, please report any problems that you encounter using the contact form on this website. This site uses the WP ADA Compliance Check plugin to enhance accessibility.🗓️ Scheduled Maintenance: Online banking will be temporarily unavailable on May 19, 2026, from 2:00 a.m. ET to 9:00 a.m. ET as we complete a scheduled upgrade. We appreciate your patience.
🗓️ Welcome Federal Credit Union will be closed on Wednesday, November 11 in observance of Veterans Day.
🗓️ Welcome Federal Credit Union will be closed for the Thanksgiving Holiday on November 26 & 27, 2025.
🗓️ As we close out 2026 and think forward to 2027, WFCU would like to wish all of our members and their families a wonderful holiday season and a prosperous New Year! Please be advised of our holiday schedule.
Our auditors, Cantey Tiller Pierce & Green, LLP, may contact select members for routine account verification. Thank you for your careful review.