Centsables Youth Savings Program

A program just for kids? Makes cents!

Show them how patience and saving really do pay off

It's a lesson that can be difficult to teach, but rewarding to follow. Use our Centsables Youth Savings Program to teach your kids valuable money management habits for life. 

Available to children ages 12 and younger

Open the account with just $5

No monthly maintenance fees

Delayed gratification, instant savings

With money in hand, it's easy to immediately think about what to purchase. And that's true for kids as well as adults. But you can show your children the value of saving money for all types of reasons through our Youth Savings account. It's a great way to give kids a head start building habits they'll continue to use as they get older. 

  • Track savings progress through online banking and our mobile app 
  • Get a Mini Savers Reward Card, which we will stamp every time you make a deposit of any amount and receive a special prize with your fifth stamp
  • Take advantage of Youth Saturdays at our Harrisonburg and Main Branch to enjoy Ice Cream Saturdays, Pictures with Santa, games, arts and crafts and more 
  • Get free access to The Centsables Program with more financial education resources for the whole family 
Great rates to get you started on your goals.
Centsables Youth Savings Program
as high as
2.10
% APY
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What's Your Journey?

This credit union has been a big part of my family as we've faced different life transitions, like purchasing cars and managing our finances. I appreciate the engaging programs for my children. The auto loan product has been especially helpful for me, providing a simplified car shopping experience.

Yvette
Member Since 2009

CommonWealth One Federal Credit Union is a full-service financial institution with branches in Northern Virginia, Maryland and Washington D.C.

Disclosures
*Annual Percentage Yield (APY)
1 Standard Annual Percentage Yield applies to any account balances over $1,000. Only one Youth Savings Account per Social Security Number. Parent/legal guardian required as joint owner, if under the age of 18. 

Children’s Online Privacy Protection Act

CommonWealth One Federal Credit Union recognizes its responsibility to protect the privacy of our youngest members. We are committed to protecting our young members and other visitors as they visit our kids section of our website.

It is the intent of CommonWealth One Federal Credit Union to comply with the Children’s Online Privacy Protection Act (COPPA) that governs and protects the privacy of our youngest members. For purposes of these guidelines, our youngest members are children under the age of 13. The online financial services offered through the CommonWealth One’s website are not designated for or directed toward children under age 13. Parents of individuals within this age group could register for online accounts.

We do not knowingly solicit or collect data from children, and we do not knowingly market to children online without express parental consent or notification. If we receive online information from anyone that we know to be a child including personal information such as name, address, email, account number, telephone, and social security number, we will only use the information to respond directly to a child’s request, seek parental consent, or provide parental notice. We will not sell, give, or share their personal information to/with any third party vendor or any other organization.

A parent or guardian has the right to review the personal information collected on a child under 13 years old. If requested, the parent or guardian can have the information deleted and refuse to allow any further collection or use of the child’s information. To make such requests, please contact us at (703) 823-5211.

CommonWealth One Federal Credit Union may collect information on domain names, dates and times of visits, and number of page views. This information contains no personal information. It will only be used to keep track of usage of our site and help improve our member’s overall website experience. Visitor information is never sold, given, or discussed with third parties.

CommonWealth One Federal Credit Union is committed to protecting our youngest members and will comply with all COPPA notice requirements. For more information about the Children’s Online Privacy Protection Act (COPPA), visit the FTC website, www.ftc.gov.