Ready, Set Save Teen Savings Certificate. Available for members age 13-17. Minimum Deposit of $100. Certificate Maximum Amount of $15,000.

Teen Savings Certificates

The Teen Savings Certificate is available for members ages 13-17. The minimum deposit is $100, with an account maximum of $15,000. The certificate matures on the teen’s 18th birthday.

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Teen Savings Certificates09/21/2018
Teen Savings* Dividend Rate Annual Percentage Yield
$100+ 5.39% 5.50%
*Annual Percentage Yield (APY) as of 3/28/18; subject to change. Teen Savings Certificate minimum opening balance is $100. Additional deposits can be made up to $15,000 for the Teen Savings. The minimum additional deposit is $100. The Teen Savings matures on the teens 18th birthday. Any withdrawal prior to maturity will result in a penalty of all dividends earned. One Teen Savings Certificate per MEFCU teen.