What is a youth checking account?
A youth checking account is designed for teens to safely save, spend, and manage their money. It offers features like a debit card, online and mobile banking, and no monthly fees or minimum balance requirements, along with tools for learning about budgeting and financial responsibility.
Who can open a youth checking account?
Teens aged 11-17 can open a youth checking account, with a parent or legal guardian required to be a joint owner.
https://www.sierrapacificfcu.org/personal/youth-membership#youth-savings-account
How do I open a youth checking account?
You can open the account online or at any branch. Bring government-issued IDs for both you and your parent or guardian, along with your Social Security or ITIN number.
https://www.sierrapacificfcu.org/personal/youth-membership#youth-savings-account
How do I fund a youth savings or checking account?
Funding the account is easy. You can:
- Transfer from a Joint Owner’s Account: Joint owners can use our mobile app to set up transfers, whether for regular allowances or one-time needs.
- Transfer from Other Banks or Credit Unions: Use your account number and our routing number (321280237) to set up transfers from other institutions.
https://www.sierrapacificfcu.org/personal/youth-membership#youth-savings-account
Can I access my account online or through a mobile app?
Yes! You can access your account online or via our mobile app to check balances, track spending, and deposit checks.
Is there a minimum balance requirement?
There’s no minimum balance requirement after opening the account, but you’ll need $25 to get started. We aim to make it easy to manage your money without worrying about maintaining a specific balance.
https://www.sierrapacificfcu.org/personal/youth-membership#youth-savings-account
Are there any fees associated with the account?
Youth checking accounts have no monthly maintenance fees. However, some services, like using non-network ATMs, may incur fees. Check our fee schedule for more details.
What happens to the account when I turn 18?
When you turn 18, your account transitions to an adult account, and you won’t need a joint owner anymore. If you’d like to remove the joint ownership, just contact us.
Can I get a debit card with my account?
Yes, you can receive a debit card linked to your youth checking account for purchases and ATM withdrawals. You can also set up alerts to keep track of your account activity.
How can I monitor my account activity?
As a joint account holder, you and your parent or guardian can monitor transactions, set alerts, and review statements to help manage your finances.
Is there a savings account option for teens?
Yes! We offer youth savings accounts for ages 0-17, which help you learn about saving and earning interest. Every checking account includes a Regular Shares Savings Account with no monthly charges, plus we’ll deposit the first $5 for you. A $5 minimum balance is required for savings accounts.
https://www.sierrapacificfcu.org/personal/youth-membership#youth-savings-account
Can I set up direct deposit for my job?
Absolutely! You can have your paycheck directly deposited into your youth checking account for easy management of your earnings.
What educational resources are available for money management?
Sierra’s Enrich Financial Wellness Portal provides beginner-level financial courses, articles, and videos for teens aged 13 and up. Create an account to start learning and earning experience points!
Can I use my debit card for online purchases?
Yes, you can use your debit card for online purchases wherever Visa is accepted. We recommend discussing safe online shopping practices and setting spending limits.
What should I do if I lose my debit card?
If you lose your debit card, report it immediately through our mobile app or by contacting us. We’ll cancel the card and issue a new one to protect your account.
Can my parent’s account be linked to my youth checking account?
Yes, joint owners can link their accounts for easier transfers and monitoring, making it simpler to manage allowances and track activity.
How can I deposit money into my account?
You can deposit money through direct deposit, mobile check deposit, ATM deposits, or by visiting a branch. You can also set up transfers from other financial institutions.
Can I write checks with my youth checking account?
Yes, you can write checks. We recommend using checks for larger transactions. The first book of checks is free; additional books can be ordered for a small fee.
What happens if I accidentally overdraft my account?
Youth checking accounts automatically block transactions that could lead to overdrafts, helping you avoid fees. It’s important to keep track of your balance.
Are there any special perks or rewards for youth account holders?
Yes, we occasionally offer promotions, rewards, and contests just for youth account holders. Keep an eye on our website and emails for updates!
How can I start saving for long-term goals like college?
In addition to your checking account, you can open a savings account or a higher-yield savings product like a Money Market account to save for long-term goals.
https://www.sierrapacificfcu.org/personal/youth-membership#youth-savings-account
Is it possible to set up automatic transfers from a parent’s account to my youth account?
Yes, you can set up automatic transfers from a Sierra Pacific account to your youth account through online banking, making it easy to manage regular deposits.
Can I use my account while traveling?
Yes, you can use your debit card while traveling. It’s a good idea to notify us before major trips to prevent issues with unusual activity.
What support is available if I have questions about my account?
Our customer service team is here to help. You can call, visit a branch, or message us online with any questions. We’re dedicated to supporting you as you manage your finances.
Your Own Debit Card
Your Own Checking
Your Own Mobile Access
Concerts
Games
Shows
Road trips
College
Concerts