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School Banking Program

Overview

A hands-on banking experience

Kids learn the importance of saving right at school. SEFCU's School Banking Program helps kids get in the habit of saving - no matter how small their deposit.

 dollar bill

Emphasizes how often kids save—not how much

Features & Benefits

Kids learn smart savings tips

  • SEFCU deposits the first $5
  • Prizes can be earned for making deposits
  • Receipts can be emailed to parents
  • Parents can keep an eye on the account through SEFCU OnLine

 

 

 school house

 

Rates

Fee-free savings account

Minimum Opening Deposit (SEFCU makes the first deposit) Dividend Rate Annual Percentage Yield* Average Daily Balance to Obtain APY
$1.00 0.25% 0.25% $25.00

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Take advantage of SEFCU's School Banking Program

Parents, see if your school participates.

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Schools, sign up today.

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Forms

FAQs

More to think about...

UTMA

Give Them a Head Start on Saving

Account that transfers to child at age 18 or 21

No fees

* Annual Percentage Yield. Rate and APY are variable and are subject to change after the account is opened. APY is accurate as of today – March 6, 2021. Fees may reduce earnings.