Teen Bank Accounts at Heartland Credit Union
Your Money. Your Goals. Your Future.
A first job, first car and first debit card all come with new financial responsibilities. The HCU Teen Account gives teens ages 13–18 the tools to learn, save and spend with confidence—with support from HCU along the way.
Benefits of a Teen Bank Account at HCU
- Savings and checking account options
- HCU check card
- Access to more than 55,000 Surcharge FREE ATMs
- Free access to It’s Me 247 Online Banking and the HCU Mobile App
- Mobile deposit
- Mobile wallet access, subject to eligibility requirements
- Account alerts to help monitor balances and transactions
- Free starter checks
- Student Visa available with an acceptable co-maker
- Kids and Teen Add-On Certificate of Deposit
- Access to Greenlight for additional money-management tools
Learn to Manage Money with Greenlight
With Greenlight, families can:
- Send money instantly
- Set up chores and allowance
- Create savings goals
- Use round-ups and parent-paid interest to encourage saving
- Set spending controls
- Turn a card on or off with one tap
- Receive real-time purchase notifications
- Add cards to Apple Pay or Google Pay, subject to age requirements
Greenlight Select Plan
Eligible HCU members can receive the Greenlight SELECT plan at no monthly cost when an eligible HCU checking account is connected as the funding source.*
Learn More About Greenlight
Start Saving for What Matters to You
Whether you are saving for your first car, college, a new phone or something just for fun, starting early can make a big difference.
The Kids and Teen Add-On Certificate* lets you:
- Open an account with as little as $25
- Make additional deposits throughout the 12-month term
- Earn a fixed dividend rate
- Automatically renew the certificate at maturity
View current rate
6 Smart Money Tips for Teens
Your HCU account is also an opportunity to learn financial skills you can use for life:
- Create a budget for income from a job or allowance
- Pay yourself first by moving part of every deposit into savings
- Set alerts to keep track of spending and account balances
- Never share your password, PIN or verification code
- Be cautious of payment requests and “easy money” offers on social media
- Review account activity regularly and report anything unfamiliar
Ready to Get Started?
Visit any HCU branch with a parent or guardian to open a Teen Account and begin building smart money habits.
Minimum deposit of $5 and $1 one time membership fee required. In order to receive the club benefits, the account must be in active status.
*Dividend Rate is fixed for 12 months. The annual percentage yield is based on an assumption that dividends will remain on deposit until maturity. A withdrawal of dividends will reduce earnings. The Dividend Period is 12 months. Dividends are calculated using the daily balance method and compounded and credited monthly. Dividends will begin to accrue on noncash deposits on the business day you make the deposit. Additional deposits are allowed. Withdrawals of principal are subject to penalties. Withdrawal of dividends are not subject to penalty. We may impose a penalty equal to 90 days dividends on any amount withdrawn subject to penalty. The Minimum Opening Deposit and Minimum Account Balance is $25.00. The account will renew automatically at maturity; you have a grace period of ten (10) days after maturity in which to withdraw without penalty.
More Resources for Teens
Grad Account
Whether you are a graduate of high school, college or just life, expenses can be tight. HCU established the Grad Account for those young adults (ages 19-25) who still need a little financial guidance. Building a strong financial foundation is a lesson you will learn in the classroom of life and HCU is happy to provide you with the tools you need to get an A+.
Minimum deposit of $5 and $1 one time membership fee required. In order to receive the club benefits, the account must be in active status.