Teen Savings Account
StartStrong Savings Account
Designed specifically with you in mind as you continue to build healthy money habits. Our StartStrong Savings Account offers a high yield of 8.00% APY* on your first $500.
Advantages of Opening a StartStrong Savings Account
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Generous Rates
As an incentive to start saving, earn an amazing 8.00% APY* on your first $500. A dividend rate of 0.05% APY* will be paid on the remaining balance in your account that exceeds $500.00.
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Financial Education
Continue on your journey to financial success and build healthy money habits.
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No Monthly Fees
Watch your saving grow with no annual fee, no withdrawal fees, and no minimum balance.
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Access Your Account from Anywhere
Access your account anytime, from anywhere with convenient Online & Mobile Banking.
StartStrong Savings Account Rates
| Minimum to Open | Dividend Rate | APY* |
| $5.00 | 7.721% | 8.00% |
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Everything You Need to Know about a StartStrong Savings Account
- You need just $5 to open an account
- Earn 8.00% APY up to the first $500 in your account, and 0.05% APY on the remaining balance exceeding $500.
- There’s no monthly fees or withdrawal fees
- There is no minimum monthly balance
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Benefits of Opening a StartStrong Savings Account
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Online and Mobile Banking
Access your account anytime, anywhere on a phone or other device.
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Save Anywhere, Anytime
You can deposit any amount of money anytime you like, online or in person.
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Member Perks
With Member Perks, save with discounted movie, sports, and entertainment tickets, plus Cash Back Rewards.
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Money Compass
A personal finance management tool, within Online Banking, that allows you to view and manage accounts you may have with financial institutions outside of Jeanne D’Arc.
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Financial Education
Financial Education resources available to give you the tools and know-how to take control of your finances.
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Deposit Insurance
Deposits are federally insured up to $250,000. Beyond that, deposits are insured by the Massachusetts Share Insurance Corporation (MSIC).
How to Open a Statement Savings Account
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Step 1
Gather Your Details Provide some basic information about yourself.
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Step 2
Apply Open an account easily at any Jeanne D’Arc Credit Union branch.
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Step 3
Deposit Start your savings account with a minimum deposit of just $5.
– Elizabeth C.Best in customer service. JDCU treats you like family…feel the love.
Financial Education Resources
The Freshman 5 (Security Tips)
Remember the Freshman 15, as in weight gained by new college students encountering unlimited meal plans? Well, we’re proposing the … Continue reading
Dream It, Do It: StartStrong Makes Teen Savings Goals a Reality
Why just dream about buying something special and instead actually do it? All you need is the right type of … Continue reading
Why Teens Saving Money Now Is a Total Power Move
If you’re like many teenagers, you might think you’re too young to even think about saving money. But the fact … Continue reading
FAQs about StartStrong Savings Accounts
No, none of the Jeanne D’Arc Credit Union savings accounts have an annual fee. We want to give your money the best chance to grow!
The minimum amount to open a StartStrong Savings Account is just $5.00.
There are no withdrawal fees on all of our savings account with the exception of a Certificate of Deposit, which can only be withdrawn without fees during the grace period. See the consumer fees and service charge schedule for details.
Jeanne D’Arc Credit Union StartStrong Savings Accounts earn 8.00% APY for the first $500 in your account and 0.05% for balances exceeding $500.
Disclosures
*APY=Annual Percentage Yield. 8.00% APY will be paid on the balance in your account up to the first $500.00. A dividend rate of 0.05% will be paid on the remaining balance in your account that exceeds $500.00 with a $500.01 balance earning a 8.00% APY and a $1,000.00 balance earning a 4.193% APY, as examples. Requires a $5.00 minimum balance to open the account. Fees could reduce earnings. All new Jeanne D’Arc Credit Union members will have one of their consumer savings accounts (except retirement statement savings) automatically designated as their primary savings account to receive these special terms. Additional savings accounts established under the same member name, and related tax identification number, are not eligible for these special terms. Dividend rates are effective as of November 1, 2024. All rates are subject to change, after account opening, without notice.
**APY=Annual Percentage Yield. All rates are subject to changes, after account opening, without notice. Fees could reduce earnings on the account. Requires a $5.00 minimum balance to open the account and earn APY. Members must have StartStrong Savings Account or StartStrong Checking Account in order to open a StartStrong Goal Account. Dividend rates are effective as of May 1, 2024.