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Vault Youth Savings

Level up your savings and financial IQ with Vault’s exceptional dividends, financial learning resources, and savings incentives. And with additional benefits as you mature, your account will grow right along with you. 

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Fast-track your savings 

Not only will you earn dividends from the first dollar saved, your first $1,000 grows at our highest available rates: 

  • Earn 5% APY (annual percentage yield) on your first $500. 
  • Your next $500 earns 3% APY. 
  • Accounts insured for up to $250,000 by the NCUA.
  • Additional savings grows according to the Rate & Fee Schedule.
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Boost your balance and your money smarts

Vault includes learning resources and incentives for saving, like: 

  • A customized financial learning center: Our Youth Hub features short videos, articles, and exercises to help you learn about money, grow your savings, and hit your goals. 
  • Quarterly drawings for the chance to win $250: The more often you save, the more entries you’ll earn. Every deposit of $10 or more earns an automatic entry. 
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Access more perks as you grow

Your Vault account is built to evolve with your needs. Once you turn 13, there are additional perks you can add: 

  • Free digital banking app. Check your balance, deposit checks, set and track savings goals, and so much more. 
  • Checking account to pair with Vault, giving you one account for saving and one for spending.
  • Debit card to make cash-free purchases anywhere Visa® is accepted, and free transactions at 30,000+ ATMs nationwide.   
Portland SELCO community credit union branch in forest park

Drop by a branch to get started

You'll need your parent or guardian with you if you're under 13 or opening an account with a debit card, and you (or your parent/guardian) will need to provide the following:

  • A photo ID (for you or your parent/guardian; student IDs are OK)
  • Proof of your current address 
  • Social Security number (if your parent/guardian opens the account, we'll need theirs, too)
  • $5 to join and at least $5 to put into your new account
Find a Branch

To enroll in Vault, you must be 17 years old or younger and live or work in one of the 27 Oregon counties or 8 Washington counties we serve (or have a family member who does). A qualified adult guarantor is required for deposit accounts and loans issued to members under 18.