Youth Accounts
With accounts for all stages of your child's life, you can get them started towards good financial management with an account at Chesterfield Federal Credit Union.
You're Never Too Young To Learn About Money
Starting your child early on saving not only provides a head start on college saving, but also helps teach good money management skills and helps stress the importance of saving.
Chesterfield Federal Credit Union has accounts perfect for all stages of your child's life.
Save for your child's future with a VUTMA account
Our VUTMA accounts are easy to manage and earn great dividends. You will be the custodian on an account in the child’s name. Deposits can be made at any time, and you’ll earn the same great rates that all members receive. You can earn even more by opening a Share Certificate account!
Your child will not have access to this account until the age you specify (either 18 or 21). A VUTMA account is the perfect way to save for your child's education and restrict the access they have to the funds.
Give Your Child the Key to their Financial Future
Start your child’s saving early by enrolling them in the New Arrival Club for children age 0 - 4. You’ll enjoy no minimum balance to earn interest, and your child will have access to a savings account for allowances, birthday money and more!
Join the club perfect for your child to start saving money on their own! Team Green is exclusively for kids 5 - 17. If your child has an account in the New Arrival's Club, they automatically become members of Team Green at age 5.
Learn more about Team Green
Chesterfield Federal Credit Union offers a checking account exclusively for young adults aged 14 - 17. With school, a first job and preparing for college, young adults are establishing their identity and taking on additional responsibilities. We want to help you support their move toward independence with a checking account made just for young adults.
Click here to learn more about Declare Checking!
Open an account for your child today!