Youth Savings

Build strong financial habits that last a lifetime.
Our youth savings is for ages 0-12. Have older kids? Explore our Student Spend Account!

Our savings account with special features just for kids is a must-have for understanding the importance of saving money and making wise spending decisions. 

We are ready to help your kids get excited about saving and growing their money and learn how to make smart choices when spending their money.


Special Offer
We'll match your first deposit up to $25!*
Plus, all new savers take home their own piggy bank.


Ready to get started?
Open a new account in any branch.

Drop in during business hours or make an appointment.

  • Designed for kids ages 0-12 
  • Free use of the coin machine, monthly**
  • Earn competitive dividends, paid quarterly
  • No minimum balance requirements or monthly fees
  • Rack up bonus rewards points with our reading and report card programs***
  • Special events and surprises for young savers throughout the year 
  • Safer than a piggy bank, NCUA insured

Make Learning Fun
: Learning about money should be as exciting as a favorite bedtime story, game, or toy. We're all about teaching kids the basics of saving in fun and engaging ways.

Build Early Saving Habits: Teach your kids the value of saving from an early age. Our account encourages good financial habits that last a lifetime and starting early is the secret sauce to long-term growth.

Kickstart College Savings: Looking ahead, we want to help you support your kids’ college and career education.

Put Savings on Autopilot: Busy parents, we've got your back! Set up recurring deposits hassle-free to make saving a seamless part of your routine.

Little Kids (0-7)

  • Learn the value of saving from an early age.
  • Get excited about saving for small goals.
  • Begin discussions on wants vs. needs when making choices with money. 

Big Kids (8-12)

  • Watch their savings grow. 
  • Learn to responsibly use a debit card and digital banking tools.
  • Begin discussions on how to grow your savings, how loans work, and how to make wise choices with money. 

Exclusive Tools & Resources


Practice making choices with money with our financial literacy partner, Banzai. When life hands you lemons, become an entrepreneur! Designed for ages 8-12, kids will tackle real-world financial dilemmas to create a successful lemonade stand and save for a big purchase.

Get rewarded for great grades! 

Bring in your report card and earn Member Rewards points, redeemable for cash in your account! 

How it works:
  • Earn 300 points ($3 value) for each A
  • Earn 200 points ($2 value) for each B
Maximum value rewarded annually is 2,500 points ($25 value). Rewards points will be added to the member's account and can be redeem for cash through online banking/mobile app or in a branch. Learn more about MAX Member Rewards points here(Opens in a new Window)

Account Requirements

  • Open your MAX savings account with just $5 minimum deposit.*
  • You must be a U.S. citizen or resident alien and 19 years of age or older; under 19 requires a qualified guarantor.
  • You must have a U.S. address and Social Security number, as well as, one of the following: a driver`s license, U.S. passport, or state-issued ID.
  • You must also have a valid email address.

View Disclosures

* Each new account will earn 2,500 bonus member rewards points (a $25 value) 90 days after account opening.
** No fee for use of coin machine with deposit to the share account. Maximum 1 time per month.
*** Reading Rewards Program: Read a book from our library in any branch to a MAX team member and earn 10 member rewards points ($1 value). Report Card Rewards Program: Bring in a school report card and earn member rewards points for A's and B's. A = 30 member rewards points ($3 value); B = 20 member rewards points ($2 value). Maximum per calendar year = 2,500 points ($25 value).Learn more about MAX Member Rewards points here(Opens in a new Window)
**** With a qualified guarantor.

Frequently Asked Questions

You can open a savings account for your child at any age. Once your child is old enough, they can take ownership of the savings account with your support. Our youth savings accounts are designed for kids 12 years old and younger.
Opening a youth savings account is simple. Visit your nearest branch with a form of identification for your child, like their birth certificate, Social Security card, or school photo ID. The parent or guardian should be prepared to sign any legal documents on behalf of the child. Once the account has been set up, the account details will be available to you online or through the mobile app.
There are many benefits to opening a youth savings account for your child, such as helping them learn:
  • Financial responsibility
  • The value of money
  • Basic math skills
  • How to save and stay focused on goals
Yes, you are able to make withdrawals or deposits to your child’s account to help them reach their savings goals. You also have access to the SIDEKICK tool to easily transfer money between accounts. 
This savings account is designed for kids ages 0-19 helps them learn to manage their money as they grow. As your child grows, we also offer the student spend account for teens ages 13 through 19. Once they turn 19, the account will convert to a traditional share account and they will gain full ownership.
We partner with Banzai, an interactive financial literacy platform, to offer educational resources for families. Visit the wellness center for Teaching Kids about Finances to access all content.

Topics Covered:
  • Teaching Children About Money
  • Savings Calculator
  • 50/30/20 Rule for Budgeting
  • Quality vs Cost
  • 8 Lessons to Teach Kids About Credit from K-12
  • 3 Jar Allowance Method 

MAX Credit Union is a full-service financial institution serving Central and East Alabama, including Montgomery, AL; Auburn, AL; Opelika, AL; Prattville, AL; Wetumpka, AL; Tallassee, AL; and Troy, AL.

Ready for a change? Make the move to MAX.