Instep Kids & Teen Savings
Start them young with a savings account that rewards good habits and helps their money grow.
- Earn up to 4.09% APY*
- For ages 17 and under
- Get paid for good grades**
- No monthly service fee
- Dividends paid monthly on every dollar saved
- Automatically converts to a regular savings account on 18th birthday
- Federally insured up to $250,000
Open an Instep Kids & Teen Savings
*APY=Annual Percentage Yield. Effective Date: 10/17/2026. Advertised APY of 4.09% is highest for Instep Kids & Teens accounts and applies to accounts with minimum balances of $5.00 and above. Instep Kids & Teens account dividends are paid monthly on minimum balances of $5.00 and above. Instep CU membership eligibility required. Adults 18 years or older must be a joint account holder on Instep Kid’s or Teen’s account. To open an account, the joint account holder must provide a form of identification for themselves as well as a birth certificate and social security card for the child.
**Student must be an Instep member and in grades PreK-12 at a public or private eligible school. Student must email their semester-end report card to askus@instepmembers.com or submit to either branch within 30 days of issue. For each A you have earned in primary subjects, you will receive $5 deposited into your Youth Savings Account, maximum award of $40 for each report card. That’s up to $40 each semester and up to $80 each school year. Account must be opened for remainder of school year. Fees could reduce the earnings on the account.