A mother and daughter are enjoying putting coins into a puggy bank as they get ready to open a kids savings account.

M3 Money Club - Kids’ Savings Account

Get your child off to a great start learning valuable financial skills and earning big on their first $500. Watch their excitement grow with their money!

Open an Account

Benefits of Opening a Kids’ Savings Account

  • Financial Education

    Give your child an early start on their journey to financial success as saving teaches valuable skills.

  • Generous Rates

    As an incentive to start saving, your child will get an amazing 5.00% APY on their first $500.

  • No Monthly Fees

    Watch your child’s money grow with no annual fee, no withdrawal fees, and no minimum balance.

  • Just $5 to Open

    Five dollars is all you need to open an account – then you can choose how much to deposit and when.

  • M3 Money Club – Kids’ Savings Account

    Here’s everything you need to know about the Jeanne D’Arc kids’ savings account:

    • You need just $5 to open an account for your child.
    • There are no monthly fees or withdrawal fees.
    • There is no minimum monthly balance.
    • Your child will get an annual percentage yield (APY) of 5.00% on their savings up to $500.
    • Above $500, your child’s savings will earn a dividend rate of 0.05%

    Open an Account

  • A silhouette of parents and two children holding hands in front of a stack of coins that is growing thanks to a kids savings account.

A Kids’ Account Comes With All These Great Features

  • Online and Mobile Banking

    You can show your child how to access their account on a phone or other device.

  • Save Anywhere, Anytime

    Your child can deposit any amount of money anytime they like, online or in person.

  • Member Perks

    As a credit union member, your child will be able to enjoy many future discounts and deals.

  • Deposit Insurance

    Your child’s deposits are federally insured up to $250,000. Beyond that, deposits are insured by the Massachusetts Share Insurance Corporation (MSIC).

  • No Hidden Fees

    Your child will always stay in the black with no monthly fee or minimum balance.

  • A Great Path Forward

    Once your child turns 13, the account automatically transitions to a JDCU statement savings account, or you can choose to direct funds to another account if preferred.

How to Open a Kids’ Savings Account

  • Step 

    1

    Gather Your Details

    Provide some basic information about you and your child.

  • Step 

    2

    Apply Online

    Or call your local branch for fast, friendly service.

  • Step 

    3

    Deposit Just $5

    Then make regular deposits and watch the savings add up!

Best in customer service. JDCU treats you like family…feel the love.

Elizabeth C.

FAQs about Kids’ Savings Accounts

No, none of the Jeanne D’Arc Credit Union savings accounts have an annual fee; this includes our kids’ savings account. We want to give your money the best chance to grow!

The minimum amount to open an account is just $5. After that, there’s no minimum monthly balance for our kids’ savings accounts.

No, there are no withdrawal fees. You and your child can take out money anytime you like, or sit back and watch the money grow for your child’s future.

Our M3 Money Club Savings Account comes with a generous annual percentage yield (APY) of 5.00% up to the first $500 deposited. Above $500, the funds in your kids’ account will get a dividend rate of 0.05%.