Youth Accounts

Teach your children good money habits by opening a Pee Wee Penguin Club savings account.  An account designed for our young members, age 12 and under, that earns interest and has a low minimum deposit requirement.

Savings Rates

  •  Rates effective 04-24-2017
Minimum Deposit Minimum Dividends Balance APY Alert Me
Base Share (savings)1 $5.00 $100.00 0.10%
Auxilliary (savings) $0.00 $100.00 0.10%
Peewee Penguin $5.00 $5.00 0.499%
Double Nickle
(for members 55 or older)
$5.00 $100.00 0.20%
Summer Club $25.00 $5.00 0.20%
Christmas Club $25.00 $5.00 0.20%
Average daily balance computation method Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is the quarterly statement cycle.
  • 1Dividend Earnings Share Draft Account $500.00 minimum balance to avoid a service charge of $5.00 per month.