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Youth Savings FAQs
How do I know if I am eligible to join Legacy Community Federal Credit Union?

Anyone who lives, works, worships, or attends school in Jefferson, Shelby, Blount, St. Clair, Walker, Chilton, and Bibb counties surrounding Birmingham, Alabama, is eligible for membership.

Can my under-18-year-old open a teen savings account by himself/herself?

No. They will need a parent or legal guardian over 18 years of age to open an account on their behalf. However, once your child reaches the age of 18, they can become a Legacy Credit Union member on their own.

Are there any fees with a Youth Savings Account?

These accounts don’t have monthly fees, making them ideal for young people.

Where can I see Legacy’s current rates and annual percentage yield (APY)?

Just visit our dedicated rates page to view the most current interest rates and APY details across all account types.

Can I manage a youth savings account online?

Yes! You can easily view and manage your child’s savings account online and monitor their progress.

Why should I open a youth savings account for my child?

A youth savings account will help your child develop a lifelong habit of saving, which will teach them the importance of financial responsibility at an early age and will set them up for financial success in the future.

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