Become a Member  | Make a Payment | Schedule Appointment | Apply for loan

ONLINE BANKING

MINOR & TEEN ACCOUNTS

Smart Money Starts Here
(Ages 13–17)

Helping teens build strong money habits early is one of the best investments we can make in their future. Our Teen Checking and Teen Savings Accounts are designed to teach responsibility, encourage saving, and provide safe, supervised access to everyday banking.

Save smarter, and earn more while you do it. Our Teen Savings Account rewards great saving habits with one of our best youth rates.

Features & Benefits

  • 5% APY on balances up to $1,000
  • Low barrier to entry—just $25 to open online
  • Encourages goal setting and long-term savings
  • NCUA insured up to $250,000
  • No monthly maintenance fee
    (A $5 savings hold is required for membership—we cover the cost)
Get Paid for Good Grades!
Earn $3 for A’s and B’s, up to $15 per semester—that’s up to $30 per year just for doing your best in school.
Everyday banking with built-in limits for peace of mind. Our Teen Checking Account gives teens real-world experience managing money while keeping safety top of mind.
 

Features

  • Free Mastercard®️ Teen Debit Card
  • Daily debit card & ATM limit: $250
  • Mobile & online banking with e-statements
  • Free branch and ATM deposits
  • Access to hundreds of in-network ATMs (look for the CO-OP symbol)
  • No overdraft, inactivity, dormancy, low-balance, or courtesy pay fees
  • No monthly maintenance fee

Financial literacy counseling is required before a debit card is issued for all teens ages 13–17.

Ages 13–14:

  • Parent or guardian required as joint owner
  • Birth Certificate, Social Security Card, or Passport accepted

Ages 15–17:

  • Parent or guardian optional if teen has a valid, unexpired government-issued ID
  • Required if no ID or if removing a parent/guardian as joint owner (new signature card required)
 
Parent/Guardian Requirements:
  • Must be age 18 or older
  • Must present a valid, unexpired government-issued ID
  • Accounts are opened in the teen’s name as the primary owner (UTMA)
  • Taxes are reported under the teen’s name
  • Teen debit cards can be issued with the teen’s name
  • Adults may request a replacement debit card if lost or stolen
  • Both the teen and adult must be present to close the account, or submit a signed closure form
  • Teen accounts are not eligible for REG E overdraft protection
Teen Accounts help young members:
  • Learn responsible money management
  • Build confidence using real financial tools
  • Develop saving habits that last a lifetime
  • Prepare for adulthood with guidance and support

Ready to get started?

Open a Teen Checking or Teen Savings Account today and help your teen take their first steps toward financial independence.

Open An Account Now
1700 Robin Hood Road
Richmond, VA 23220

Banking should feel easy,
and with us, it is.

Download Mobile App
Android | iPhone

 Call anytime 24/7
(804) 359-8754

Follow us!

Tap or scan
with your mobile device.

Facebook Youtube Instagram Linkedin Tiktok

Routing # 251082495    |    NMLS#523374  |  Privacy Policy

If you are using a screen reader or other auxiliary aid and are having problems using this website, please call 804-359-8754 for assistance. All products and services available on this website are available at all RVA Financial Federal Credit Union full-service locations.