Youth Savings

Teen checking phone to update account information

Accounts made just for teens

  • Get paid to save—earn a higher interest rate than most adult accounts. 
  • Our Vault Accounts* offer helpful tools like a checking account, Visa® card, auto loan, and college savings certificate options. 
  • Check your balance, transfer money, and deposit checks on the go with our mobile banking app. 
  • You’ll receive a $10 gift card just for opening your Vault Account, and we hold quarterly drawings for $250 cash.  
Mother teaching daughter about money management on phone

Have a kid 12 and under?

  • Our Safari Savers Account promotes healthy money habits. 
  • Kids will receive the highest available interest rate. 
  • Track deposits, earn prizes. For every deposit of $10 or more, Safari Savers get a punch on their punch cards and will receive a fun prize for filling their card.  
SELCO community credit union Portland branch

Drop by a branch to get started

Visit us with a parent or guardian and bring: 

  • A photo ID (current student IDs are OK).
  • Proof of your current address.
  • Social Security numbers for you and your parent or guardian.
  • For kids accounts, bring $1 to join and $5 to deposit in the account.  
  • For teen accounts, a minimum of $10 ($5 to join, $5 to put in your account).

*To enroll in SELCO’s Vault Account, you must be 13–17 years old and live or work in one of the 27 Oregon counties we serve (or have a family member who does). A qualified adult guarantor is required for all loans and deposit accounts issued to members under 18. 

Resources

Students looking for ways to save.

How Students Can Keep Money in their Pockets

Making a monthly budget can take a bit of time and thought, but it’s worth it. Here are five tips to help students keep money in their problems.

People making financial mistakes.

The Financial Mistakes of Our 20s and 30s

Start saving for retirement when you get your first job and you’ll develop a healthy savings habit that will serve you well down the road.

Young woman on laptop.

Generation Z and the Minefield of Online Scams

Young people's familiarity with technology—specifically, social media—can create a false sense of security when they are targeted by online scams.

Two People Running Together Outside

Plan For Retirement, Especially In Your 20s

Learn how to plan for retirement at an early age. The sooner you get into the habit of saving for retirement, the more time your money has to grow.

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