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Youth Accounts

Start your child on the right financial path

Teach your child the value of saving while also teaching money management. Enjoy higher earnings and monthly paid dividends (banks call this interest).  Say goodbye to the withdrawal penalties or restrictions standardized by competing banks. Sunbelt youth accounts have no monthly fees, so your child can watch their account continue to grow!

Start building a brighter financial future

 

Teach the value of a dollar with high earnings

 

Youth Accounts - Sunny Kids Club Savings

 

Youth Accounts - Rising Sun Savings

Youth Accounts - Rising Sun Checking

 

 
 
 

 

  Earn while you learn

Earn as much as
Rate

0.50%APY balances from $0.01 to $1,500.00

0.25%APY balances over $1,500.01

 

 

Benefits

Earn

No fees and no minimum balance make it the perfect account for the youth of all ages!

 

 

Budget

Learn to budget and manage finances with financial management tools

 

 

Educate

Easy access to your funds with parental controls

 

 

 
 
 
 

Frequently Asked Questions

What is the minimum age requirement to open a savings account?

As long as the minor has a birth certificate and social security card, an account may be opened for them. All youth accounts must have an adult co-owner.

What is the minimum opening deposit?

A deposit of $5.00 must be made into all savings accounts and kept on deposit at all times. This is your share of the credit union.

At what age can a minor start a checking account?

When the minor turns 16, they may start a checking account as long as they have a co-owner.

Is there a fee for minor checking accounts?

No, our youth accounts do not have a fee. See our Rates and Fees for details.

What do I need to get started?

To open an account for a minor, you will need to bring their birth certificate and social security card and proof of residence. All minor accounts must have a co-owner.

 

Transaction Limits

What Account Types Are Affected?

 

  • Share Savings Account
  • Holiday Club Account
  • Money Market Account
What Transactions are Subject to Limits?

 

Preauthorized or automatic electronic withdrawals such as phone and utility bills. Also, transactions done using online (PC & mobile) and phone transfers using e-Phone, fax, or by calling our Contact Center. This applies when funds are coming from an account type listed above.

 

Applies whether:

  • The funds are being transferred to another account.
  • The funds are being sent to a third party via preauthorization, Bill Pay, or wire transfer.
  • The funds are being automatically transferred from a Share Savings to a Share Draft Checking to cover an overdraft.
  • The funds are a scheduled transfer that was set-up by account holder in home banking
What Transactions are Not Affected?

 

  • Transactions from an account type noted below that are completed in-person at a branch or Shared Service Center
  • Transactions made using an ATM
  • Transfers from an account type noted below that are being applied to a loan account
  • Automatic payroll allocations
  • Any Share Draft Checking Account transaction
  • Transactions completed by mail
  • Transactions made by telephone, fax, PC, or mobile device – if it is an official check payable to the member that is mailed to the member

 

Affected Account Types:

  • Share Savings Account
  • Holiday Club Account
  • Money Market Account
What Happens When the Reg D Limit is Reached in a Calendar Month?

 

Once you have reached the six (6) allowable transactions in a calendar month, you will not be allowed to make further transfers/withdrawals from the affected account unless they are made in person at a branch location, Shared Service Center or at an ATM.Transaction attempts from an account type noted above will be declined, unless in-person or at an ATM.

 

HELPFUL TIPS

 

  • Have preauthorized payments (such as phone & utility bills) automatically deducted from a Share Draft account, not a Share Savings account.
  • Make one large transfer to your Share Draft Checking to cover anticipated usage, instead of making many small transfers throughout the month.
  • Visit a branch or ATM location to make withdrawals or transfers.
  • Balance your Share Draft Checking to avoid overdraft transfers from your Share Savings account.
  • Apply for a Line of Credit to use as overdraft protection.
  • Open a Checking Account. Share Draft accounts are not subject to Reg D restrictions.
Quick Transaction Guide

 

LIMITED TRANSACTIONS:

Up to six (6) preauthorized or electronic transactions permitted per calendar month from a non-transaction account.

 

Non-transaction accounts are:

 

  • Share Savings
  • Holiday Club
  • Money Market

 

Transactions done using online (PC & mobile) and phone transfers using Cloud mobile dervices or by calling our Member Service Department from an account type listed above.

 

This rule applies whether:

 

  • Funds are being transferred to another account
  • Funds are being sent to a third party via preauthorization, Bill Pay, or wire transfer
  • Funds are automatically transferred from a Share Savings to a Share Draft Checking to cover an overdraft
  • Funds are scheduled transfers set-up in home banking

 

UNLIMITED TRANSACTIONS:

 

  • Made in person
  • Made using an ATM
  • Made by a letter request (considered the functional equivalent of being physically present)
  • Made by telephone, fax, PC, or mobile device – if it is an official check payable to the member that is mailed to the member
  • Made by the member to pay a loan the member has with the credit union (including MasterCard)

 
 

 

Get Fast Answers To Your Questions

 

Find A Branch To Get Started

 

  Call Us: 601-649-7181

 

 

 

Qualifying required for membership. APY = annual percentage yield. All deposits subject to terms listed in Sunbelt's Rates & Services form. 

 

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Sunbelt is changing the way you bank.  As a not-for-profit financial institution, owned by its members, the most powerful driving force is your voice

LET YOURS BE HEARD