Youth Savings Accounts
Building Brighter Financial Futures – One Child at a Time
WDPCCU’s Future Stars Youth Account helps children and teens (ages 0-17) develop smart money habits while earning higher interest than regular savings accounts. Give your child the gift of financial literacy today!
Why Open a Youth Account?
For Parents & Guardians
✔ Special 6% interest rate (vs 3% regular savings)
✔ No fees until child turns 18
✔ Teaches responsibility with real banking experience
✔ Secure savings for education or future needs
For Young Savers
🎮 Interactive money lessons via our app
🏆 Rewards for consistent saving
📊 Fun progress trackers
💡 Financial literacy games
Account Features
| Feature | Details |
|---|---|
| Minimum Opening | ¢20 |
| Interest Rate | 6% per annum |
| Access | Parent/guardian + child (12+) joint access |
| Withdrawals | Parent approval required for under-16s |
| Monthly Statements | Colorful, child-friendly formats |
Financial Education Benefits
1. Money Smart App
● Piggy Bank Game – Learn saving basics
● Budget Challenges – Earn badges for smart choices
● Animated Videos – Explaining banking concepts
2. Real-World Rewards
★ Save-to-Win Prizes
★ School supplies for top quarterly savers
★ Birthday bonus – Extra 1% on deposits this month
3. Parent Resources
📚 Guide to teaching kids about money
💬 Quarterly financial parenting workshops
How to Open an Account
Requirements
- Child’s birth certificate
- Parent/guardian Ghana Card
- ¢20 minimum deposit
3 Easy Ways to Start
1️⃣ Visit any branch – Get a free savings starter kit
2️⃣ Online – Upload documents via parent portal
3️⃣ Mobile App – Full account management
Frequently Asked Questions
Q: Can grandparents open accounts?
A: Yes! Any legal guardian can open an account.
Q: What happens at age 18?
A: Automatically converts to regular savings account.
Q: Are there withdrawal limits?
A: Parents control limits for under-16s.
Q: Can schools open group accounts?
A: Yes! We offer special school banking programs.