Youth Accounts
Managing money is a foundational life skill for kids, teens, and young adults. Here at Interior Federal, we understand the importance of this task and are proud to offer three specialized accounts for these age groups.
Little Buffalos
Ages 0-12
Do you want to teach your child the value of money and the importance of saving for special items by setting aside their birthday, holiday, and gift money? If so, make a lasting impression by letting them learn through experience with their own Little Buffalos Account. With this account, children ages 0-12 will develop smart money habits and financial responsibility from a young age.
- No minimum opening deposit (we’ll fund your initial $25 deposit!1)
- No minimum balance (although account will be closed if it carries a zero balance for 18 months)
- Accumulator Certificate
- Minimum of $25 increments for any subsequent deposit
- Available for 24-month term
Teen Accounts
Ages 13-17
If you’re between 13 and 17, our Teen Accounts are perfect for you. With a Teen Account from Interior Federal, you can start saving for whatever you want, whether it’s a car, college, or something fun. It’s time to start building your savings. Plus, you’ll gain experience with a checking account and debit card, paving the way to financial independence.
- We’ll fund your initial $25 deposit1!
- No minimum balance (although account will be closed if it carries a zero balance for 18 months)
- No monthly fees
- Unlimited free ATM transactions+
- Free Visa® Debit Card with Rewards
+Although our ATM fees for Young Adult and Teen Accounts are waived for transactions performed at our ATMs and on those in the surcharge-free networks (AllPoint, Alliance One, Co-Op, CUNow, CU24, and STAR) there may be a charge from foreign ATM networks and/or ATM owners. A foreign ATM is defined as not being part of the Credit Union’s surcharge-free ATM networks.
Young Adults
Ages 18-26
If you’re a young adult between 18 and 26, Interior Federal is here to help you start your journey to financial independence! This isn’t a “kids’ club” gimmick—it’s real savings on our regular products, exclusively for young adults like you. Take advantage of these offers now, because once you turn 27, all the special benefits will convert to regular membership.
- Annual percentage yield of 3.01% on funds up to $500
- Same rate as Regular Checking on balances of $500 and over
- No monthly fees
- We provide an Oops! Coupon to cover your first official “bounced check fee” (because mistakes happen)
- With your first auto loan from Interior Federal, we will automatically send you a $50 gift card, via email, to use toward your first tank of gas
1A cash incentive from Interior Federal is considered a “bonus” as defined by the NCUA regulations, Truth-in-Savings, Section 707.2(f) and must be reported on IRS form 1099 as dividend income. The bonus will be given when we receive the completed membership application and all required documentation. A minimum balance ($25) must be maintained.
Variable rate is current as of date declared on Current Rates webpage and is subject to change. More details are available in our Schedule of Fees and Charges, Truth-In-Savings Disclosure and Membership Disclosure.
Interior Federal does not knowingly solicit data from children. Interior Federal recognizes that protecting children’s identities and privacy on-line is important, and the responsibility to do so, rests with both online industry and parents. Due to the requirement that all online accounts have an email address associated with them, we are aware that accounts for minors may have active email addresses for the minor or the custodian. Interior Federal emails in general never solicit personal or financial information.
