Youth Accounts

Smart Start Youth Accounts

Start your child on a journey toward financial literacy

A Smart Start Account is a starter savings account for kids 0-11 years old. With a low $5 minimum balance requirement and no monthly fee, it’s a great way to help your child learn the importance of saving money with their very own savings account.

A First-Step Savings Certificate may be just the right step for your child to start investing. Once you accumulate $500 or more, you’ll have other investment options.

• Easy account opening 

• Granite gives you $5 to open an account

• Get a piggy bank to make saving at home easy 

• Come in for a $2.00 bill on every birthday 

• Easily transfer funds from your account to your child’s account in our mobile app or online banking 

On Course Teen Spend Accounts

Stay the course for a successful future with Granite’s Teen Spend Account

When your child turns 12, it’s time to give them a little more opportunity to learn money management skills to prepare them for independence. The On Course Teen Spend Account is a great segue from childhood to adulthood.

An On Course account still has a low $5 minimum balance requirement in the primary share (savings) account and no monthly fee. But, you can double your initial deposit up to $50 dollars. When you open a new On Course youth account, Granite will match your opening deposit up to $50 at the time of account opening. Like your own account, our On Course Teen Spend Account can have as many secondary savings accounts as you’d like to make saving for specific goals easier. Your teen will enjoy incentives that reward them for grades, offer easy savings options, and be given the chance to win a scholarship.

Granite gives more to students with our Pay My Grades program for our On Course Teen Spend Account. It’s easy. Just fill out a short form at the end of each term and upload your end-of-term report card clearly showing your name, the date/year, and class name with your grade, and you’ll receive $3 per A/4.0 and $2 per B/3.0 and above up to $25 per quarter/term deposited into your account.

The On Course Teen Spend Account includes a Simple Spend account. That’s like a standard checking account without the checks. Your teen will receive a free spend (debit) card to use for purchases. Because there are no checks or overdraft protection with this account, it’s a great way to help them learn budgeting skills without the risk of incurring debt.

And here’s something cool, you can transfer money from your account to your child’s account to pay them an allowance, for chores, give them spending money, or whatever you want! However you work things in your family, it’s easy to do through the mobile app or online banking.

Pay My Grades

Now accepting 1st quarter report cards.

On Course Benefits

• Easy account opening

• $50 match on initial deposit

• Free spend (debit) card 

• Free online and mobile banking 

• Get paid for grades 

• Scholarship opportunities 

• Easily transfer funds from your account to your child’s account in our mobile app or online banking 

• Come in for a $2 bill on every birthday 

First-Step Savings Certificates

Investing while you’re young allows more room to grow 

What’s better than a savings account for kids? Investing options for kids and teens! Designed for youth ages 0-17, this youth savings certificate is unique in that you can deposit money into it monthly so your kid can get a head start on investing and watch their savings grow.

Talk to a Member Service Representative about starting a First-Step Savings Certificate.

• No monthly fee 

• No investment fee

• No minimum opening balance 

• Terms up to 5 years

• Principal insured to at least $250,000   

• Penalty for early withdrawal