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Overview
Two great children’s savings accounts
It’s never too early to start saving! At AFFCU, we’ve got two great savings accounts for children, depending on their age. Our Coindexter Kids Club Savings Account is for kids 0-12 years of age, and comes with free savings resources and fun financial programs. Our JetSpace Club savings account is for teens 13-17 years of age. With these accounts comes:
- Access to online and mobile banking
- Great interest rates
- Parents can freely contribute deposits
- Access to Coindexter Kids Savings Club
Coindexter Kids Club Savings Account
Our Coindexter account is for kids 0-12, and comes with free savings resources and fun financial programs. Coindexter Kids Club members receive access to the Coindexter Kids Savings Club, a membership card, special quarterly Club newsletters, birthday cards and other special mailings. Plus, parents can freely make deposits.
JetSpace Teen Club Savings Account
Our JetSpace savings account is for teens 13-17, and these members will receive access to AFFCU’s CyberMAT and mobile banking, a membership card, and guaranteed safety for their funds. Earn higher interest on your savings, all while enjoying the convenience of online and mobile banking.
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Kids Club
Coindexter Kids Club Savings Account
One of the best ways to ensure your child grows up financially responsible is to teach them about how to save, spend, manage and invest their money. AFFCU offers the Coindexter Kids Club Savings Account for members who are 12 years and younger, and the account can be opened with as little as $5.00. With the Coindexter Kids Club Savings account, your child will receive:
- Free quarterly newsletters
- Special birthday cards
- Free membership to the Coindexter Kids Club Savings Club
The Coindexter Club
The Coindexter Kids Club immerses children in the exciting and educational world of Econopolis where they learn how to earn, save, spend, manage and invest money. The unique virtual world of Econopolis allows children to explore and advance at their own pace while learning valuable money lessons.
Coindexter Membership
There is so much to see and do in the city of Econopolis. Penny Parker, the president of the Coindexter Club, explains what it means to be a club member in the video on the left. As club members learn and advance, new areas, items, games, and activities are unlocked throughout the virtual world.
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JetSpace Club
JetSpace Teen Club Savings Account
Managing personal finances is one of the most critical skills we can teach our children as they enter their teenage years. Many teens struggle to comprehend the importance of saving their money, and without the proper financial guidance, they may never learn what it’s like to achieve the goal of financial freedom.
- Monitoring – Our JetSpace Club Savings Account is co-signed by a parent/guardian with monitoring rights
- Flexibility for Parents – Parents can freely make deposits to the account
- Dividends – Earn great interest rates
- Convenience – Parents and teens will both have 24/7 access to the GoAFFCU mobile app and CyberMAT online banking
Putting Teens on the Road to Financial Independence
With the help of AFFCU, your teen can now begin to experience and learn the financial motto adults live by: “Pay Yourself First, Pay Your Bills and Have Some Fun”. A savings account can them them start paying themselves and have fun!
For more details or to open an account, visit any branch office or call 210.673.5610 or 800.227.5238.
1 Transactions that qualify for Cash Rewards will receive 12 cents cash back for every signature-based transaction made with a debit card that is five dollars or more. Not all checking accounts are eligible for Cash Rewards. Enrollment required for Cash Rewards program.
*Must have a parent or legal guardian named as joint on the account. Member eligibility required.
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Questions
Frequently Asked Questions
- How much do I need to open an account?Both the Coindexter and JetSpace savings accounts can be opened with just $5.00.
- Do I need to have a parent on the account?Yes, you must have a parent or legal guardian named as joint on the account. If there is a legal guardian, guardianship papers will be required.
- Am I eligible for a debit card with either of the Youth Savings accounts?No, neither of the Youth Savings accounts is eligible for a debit card.