Youth Cents Savings


Financial Fundamentals for Youth

Savings accounts for kids and teens

One of the most imperative skills for a stable future is learning how to manage your finances. Thus, Deseret First created “Youth Cents” — helping your children develop good financial habits. As a result, kids can learn while they are young to set goals, spend in moderation, budget, and save!

  • DFCU will match 10% on your initial deposit (maximum of $10).
  • Free cash withdrawals at CO-OP or DFCU ATMs (debit or ATM card required).
  • Automatically converts to Membership Savings at age 18.
  • Federally insured by the NCUA up to $250,000.
Open your savings
teenage girl blowing bubbles
siblings playing together with playground in the background

Account Requirements

  • Parent or guardian must be a joint-owner on the account.
  • Child must be under age 18 and eligible for membership.
  • Initial deposit & minimum balance: $5.00.
  • ID verification — children under 16 must have one of the following: social security card, birth certificate, or student ID.
Start Application

Apply online today! For questions or to apply directly with a representative, call 801-456-7000 or 800-326-3328. Available weekdays: 8am-7pm, Sat: 9am-2pm. Additionally, you may visit any Deseret First Branch.

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