Xtreme Teen Savings Account
A unique savings account and financial education program for teens aged 13 to 18.
Give your teen a financial head-start that will last them a lifetime. Our Xtreme Teen Savings Account comes with the following benefits:
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Earn Interest
Teens will enjoy a preferred dividend rate and APY on their savings.
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Financial Literacy
Discover tools that teach smart and practical money management skills.
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Awesome Perks
Teens get rewards for good grades and financial responsibility.
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Federally Insured
The NCUA provides up to $250,000 of insurance per account.
Xtreme Teen Savers Club Details
Belco’s Xtreme Teen Savers (XTS) club is our unique teen savings and financial education program. It’s jam-packed with incentives, loan perks, and helpful information on managing money and finances.
This club is for you if you are a teen between 13 and 18!
Enjoy the following features:
$1 Per a Grade of A
Belco will pay $1.00 per “A” in any subject up to five (5) maximum per marking period when a parent matches the dollar amount of the member grades K-12.
Only the latest marking period will be accepted. You can redeem your report card at any location. Must be a Savings Safari Club (12 & under) or Xtreme Teen Savers Club member.
Straight A Report Card Drawing
Submit your straight A report cards at the end of the school year for a chance to win a $50 Visa® gift card. You must turn in your report cards by the end of July.
The random drawing will occur the first week of August, and we will notify the winner. You can submit your report card to any Belco branch or email them to marketing@belco.org.
Elton “Miller” Peterman Scholarship Program
Belco awards (5) $1,000 scholarships each year to graduating high school seniors and college students continuing their education. Our scholarship application opens by mid-January, and you can complete and submit it online.
Learn to make smart money decisions and enjoy special perks designed just for XTS members.
Accounts include:
- Special savings certificate offers (ask for details)
- First checking account with no-fee Visa debit card
- Free online/mobile banking and remote deposit
- First Visa credit card with no annual fee
- Earn preferred dividends and annual percentage yield (APY)
Open a savings account today for your teen and help them take the first step towards financial independence!
★★★★★
“I love Belco! Everyone is so friendly, and they genuinely care for you and your money. Plus CU’s give a better rate of return and are sometimes easier to get a loan through. They have a really great kids saving program too.”
– Flinnie, Gettysburg, PA.
★★★★★
“Exceptional service, everyone is always so helpful.”
– Carla R., Gettysburg, PA.
★★★★★
“Staff is extremely helpful and professional. Highly recommend this credit union and this location specifically.”
– Matt R., Gettysburg, PA.
Open Your Teen’s Savings Account Today
Xtreme Teen Savers Club FAQs
My child is under 13 years of age. Does Belco have a youth account?
We sure do! Our highly popular Savings Safari Club is for kids 12 and under. It’s a great way to learn how to set and reach their savings goals! Parents can open an account for their child at any Belco location.
How can I earn money for my grades through the Xtreme Teen Savers Club?
You can earn $1.00 for every “A” you receive in any subject, up to five “A”s per marking period. To take advantage of this benefit, a parent must match the dollar amount for the grades earned. We can only accept the most recent marking period’s report card. You can redeem your rewards at any Belco location.
What are the requirements to open a savings account for kids at Belco Community Credit Union?
You must open a joint account with your teen and provide us with their Social Security Number and valid state ID. When you open the account, your child can make their first deposit to start saving money!
Additional Ways to Save and Grow Your Money
Money Market Accounts
Boost your savings with flexible, high-yield growth starting at just $250!
Health Savings Account
Take control of your healthcare costs with a tax-smart savings plan.
Certificate Accounts
Maximize your savings potential with guaranteed returns and higher interest rates.
At Belco Community Credit Union, we’re partnering with My First Nest Egg to build a financially savvy future for our youngest members. Join us in teaching money management skills that last a lifetime.
They’ll get a:
- Chore and Allowance app
- Easy-to-use smart piggy bank
- Fun and age-appropriate financial education