Before school, 7-year-old Emmy helps gather eggs. Little by little, she’s also learning what it feels like to earn and save money of her own.
Getting started doesn’t take much, just a few dollars and a little encouragement to keep adding to it. With just $5, Emmy has a place for her money that’s all her own, where she can watch those small deposits add up.
It’s less about the interest and more about the habit: learning early that when you save a little at a time, it can grow into something more. Parents manage the account, while children get their own passbook and penguin-themed extras to make saving a little more fun.
| Balance | APY* |
|---|---|
| $0.00 – $5,000.00 | 5.00% |
| $5,000.01 and above | 0.15% |
*APY = Annual Percentage Yield.
Rate current as of publication; contact us or see Current Rates for today's rate.
At 14, Emmy is babysitting on weekends and mowing lawns in the summer. She’s earning more of her own money - and learning what to do with it.
Smart Start Checking gives her a little more independence, without expecting her to figure it all out on her own. Her mom stays on the account as a joint owner, while Emmy gets a debit card of her own with a $200 daily spending and ATM limit.
It’s a chance to practice managing a paycheck, making purchases, and keeping track of what’s left - with a parent still there to offer some guidance along the way.
There’s no monthly paper statement fee, and overdraft protection can be linked to a savings or parent account for an added layer of reassurance.
| Balance | APY* |
|---|---|
| $0.00 – $5,000.00 | 5.00% |
| $5,000.01 and above | 0.15% |
*APY = Annual Percentage Yield.
Rate current as of publication; contact us or see Current Rates for today's rate.
Now 18, Emmy is heading off to trade school in Bismarck, signing her first lease, and taking on responsibility for her own finances.
Emmy’s Smart Start account transitions into Kasasa Rewards Checking, so there’s no need to start over. The joint owner requirement and youth spending limits go away, and Emmy gets access to the full benefits and features of an adult checking account.
She may be starting a whole new chapter, but the good habits she’s built - and the credit union she knows - are already there to help her along the way.
Contact us or see Current Rates for today's Kasasa Rewards Checking rate.