Teen Bank Accounts
With an A$pire account, young adults, ages 13 – 17, can explore tools to build their savings and manage their money responsibly:
- A$pire Savings: Establishes your membership with ACCU while offering a flexible way to build your savings as slowly or as quickly as you like with just $5.00 to deposit.
- Secondary Savings: Saving for your own car or for college? You can open as many unique accounts as you need to help you reach your savings goals.
Members between the ages of 13-17 can add:
We also offer the following:
- Summer Savings Challenge each year, where we award prizes for earning money during the summer months. We also offer Report Card Rewards, which give you a special deposit into your account each summer just for bringing in your year-end report card.
- Scholarship Opportunities for members and students attending a Catholic High School League affiliated school.
- Financial Literacy in-school to Catholic Schools, and on our website for all members.
Important Information When You Turn 18
When you turn 18, you will move into a full, adult membership that provides you with additional opportunities for managing your money. We want to make sure we have your contact information, and you have the opportunity to understand everything available to you. Click here to get started. It only takes a minute!
Visit your local branch or call 1-877-950-2228 to get started today!
‡ Balances $1,000.01 and over will earn a lower, standard savings dividend rate than the first $1,000 on deposit in A$pire and AngelSavers accounts.
Click Here to view our savings rates.
FAQ
What is the A$pire account?
With an A$pire account, young adults ages 13–17 can explore tools to build their savings and manage their money responsibly.
How much do I need to open an A$pire Savings account?
With just a $5.00 deposit, an A$pire Savings Account establishes your membership with Alliance Catholic Credit Union while offering a flexible way to build your savings as slowly or as quickly as you like.
Can I open more than one savings account for different goals?
Yes. With Secondary Savings, whether you’re saving for your own car or for college, you can open as many unique accounts as you need to help you reach your savings goals.
Is there a program that rewards saving over the summer?
Yes, the Summer Savings Challenge takes place each year and awards prizes for earning money during the summer months.
What dividend rate does the A$pire Savings Account offer?
Members can earn 5.00% APY on their first $1,000 saved with the A$pire Savings Account, helping their money grow faster.
Can A$pire members get a checking account and debit card?
Yes! Members ages 13–17 can open a checking account and receive a debit/ATM card to help them learn how to manage their money.
What is Report Card Rewards?
Report Card Rewards, available for grades K-12, gives a special deposit each summer for bringing in your report card.