The Youth are the future, and we’re here to nurture them. Kaiperm’s Youth Accounts are designed for our youngest members to learn about money by providing the tools they’ll use as adults – but designed specially for children. Our Pup Account is for children up to age 12, and for our teenage members, our Student Account is designed to help them build healthy financial habits that will carry them into adulthood.
Open your child a Youth Account today!
More Than a Savings Account
Kaiperm Pup Account (age 0-12) comes with:
- Kaiperm drawstring backpack
- Pup certificates
- Higher dividend rate
- No maintenance fees
Kaiperm Student Account (age 13-17) comes with:
- Kaiperm drawstring backpack
- VISA Debit Card with customizable spending limits
- Higher dividend rate
- No maintenance fees
Financial Education for Teens & College Students
Rate Effective Date: Mar 1, 2023
Compare Our Savings Accounts | Kaiperm Pup Account | Kaiperm Student Account |
|---|---|---|
| Age qualification | 0-12 years old1 | 13-17 years old2 |
| High-Yield Savings Account5 | 0.5% APY4 on the first $10,0003 Minimum Opening Deposit $25 | 0.5% APY4 on the first $10,0003 Minimum Opening Deposit $25 |
| High-Yield Certificate Account5 | 12-month Pup Certificate earns 7.00% APY, with unlimited add-ons up to $500 maximum balance | 12-month Student Certificate earns 7.00% APY, with unlimited add-ons up to $1,000 maximum balance |
| Youth Checking Account5 | Not Available | Available. Daily Limits and alerts can also be setup. |
| Visa® Debit Card | Not Available | Free and accepted at over 23 million locations worldwide |
| Account ownership | The minor is the Primary owner of funds and the Joint Owner (ex. parent, guardian, grandparent) controls the account | Minor and Joint Owner share controls |
| Minimum opening deposit | $25 | $25 |
| Federally insured by the NCUA |  | |
Calculate
your savings
Final Balance
Contributions: $ | Earnings: $
1 Account will convert to Kaiperm Student account on 13th birthday
2 Account will convert to a regular Kaiperm account on 18th birthday
3 Calculated based on average daily balance. Earn 0.5% APY balances up to $10,000 and 0.10% on all other balances
4 APY = Annual Percentage Yield.
5 Limit 1 per minor social security number.
*Based on monthly deposit of $40 on the first of each month and example of calculation based on 5.00% APY for 12 months, compounded monthly.
Dividends are paid monthly based on average daily balance.
This page is in compliance with the Children’s Online Privacy Protection Act (COPPA) and does not collect or retain information from any visitor to the page including children under the age of 13. For more information on The Children’s Online Privacy Protection Act please read Frequently Asked Questions about the Children’s Online Privacy Protection Rule.
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A Safe Place for Your Money
Find comfort in knowing that deposits at Kaiperm Credit Union are automatically protected up to $1,000,000