Youth Savings Account
It’s never too early to start saving
A savings account is the first step toward a lifetime of important financial responsibilities. Young children and teens have the opportunity to learn how a penny saved is a penny earned with an RBFCU Youth Savings account.
Youth Savings Account benefits and features:
No monthly service fees
Personalize savings accounts with your goals
Dividends paid monthly
Membership eligibility required. Accounts for minors require additional ownership by a parent, guardian or other adult.
Not a member?
If your child is not an RBFCU member yet, you can open an account for them (and yourself!) online. You can also join by calling us at 210-945-3300 or by visiting any RBFCU branch.
Already a member?
If you and your child are already RBFCU members, you can open an additional youth account for them by calling us at 210-945-3300 or by visiting any RBFCU branch.
Members are required to open a primary savings account with a minimum deposit of $1, which must remain in the account at all times. A $1 minimum balance is required to earn the stated Annual Percentage Yield (APY). A checking account can be opened with a zero balance.
Learn more, earn more, save more
Learn the basics of budgeting, how to start saving, good vs. bad spending habits and more with free financial education resources.
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How do I qualify for membership with RBFCU?
There are several ways to qualify for membership with RBFCU. Common ways to qualify for membership include your employer, place of worship, community organization, neighborhood or school. You may also qualify through immediate family members who are part of the credit union (spouse, children, parents, siblings, stepchildren, adopted relatives, etc.). You can complete a short online application to see if you qualify for membership.
If you are unable to qualify through any of the options listed above, you may contact us and our Member Service Specialists can help you determine if there are additional opportunities to qualify.
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Why do I have to qualify for membership?
Unlike banks that are open to anyone, laws require credit unions like RBFCU to have a defined field of membership, which means you have to be a member to access the products and services credit unions provide. There are a variety of ways to qualify based on where you work, live, worship or attend school. When you become a member of RBFCU, you take advantage of lower loan rates, higher dividends on deposits and lower fees.
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Can my family members qualify for membership?
Yes, your immediate family members (defined as spouse, children, parents, stepparents, siblings and adopted relatives) or household members (people living in the same residence maintaining a single economic unit) can qualify for RBFCU membership through you.
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How do I download the RBFCU Mobile app?
To download the RBFCU Mobile® app:
- On an Apple® device: Click here from your device, or search “RBFCU” on the App Store®
- On an Android™ device: Click here from your device, or search “RBFCU” on Google Play™
For full app functionality, please ensure your device is running the latest software. The latest operating systems (OS) versions are required for security updates and will provide the best experience while using the RBFCU Mobile app. The minimum supported OS1 to use the RBFCU Mobile app are:
- iPhone® iOS 15 or later
- iPadOS® 15 or later
- Apple Watch®2 watchOS® 10 or later
- Android™ OS 8.1 or later
1Some devices may not be supported due to hardware limitations.
2Currently Apple Watch can be used to check available account balances only.
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How many transfers can I make each month?
You can make unlimited transfers from your savings or checking account each month. However, only six transfers per month can be made from your Money Market account.
Membership eligibility required. Accounts for minors require additional ownership by a parent, guardian or other adult. No minimum age requirements.
