Join us in celebrating 90 years of trust, community and financial excellence! For a limited time when you open a new All-Stars or Young Millionaires account with a $90 deposit, AgFed will contribute an additional $90 to the account! This is a limited-time offer valid only for youth accounts opened between April 1st and May 15th.
After the membership has been established, email us at marketing@agfed.org with your name, your child's name and your telephone number.
We developed the All-Stars account to help young kids, age 12 and under, learn basic money management skills. You can open the account with just $5. All deposits earn dividends, so your child can watch their savings grow. Statements are mailed quarterly, which provide an excellent teaching opportunity about dividends and savings for young children. Additionally, each child will receive our All-Stars Newsletter twice a year.
Open an All-Stars Account
Our Young Millionaires account was developed to help teenagers, ages 13-17, get started on a lifetime of good money management skills. You can open the account with just $5. All deposits earn dividends. There are no monthly maintenance fees no matter how small your balance is and statements are mailed quarterly. Other benefits include online and mobile banking. If you are 16 years or older, you may be able to open a checking account with debit card access with your parent or guardian.
Open a Young Millionaires Account
Youth Savings FAQs
(1) To qualify for the $90 incentive, the All-Stars or Young Millionaires account must be established between April 1, 2024 and May 15, 2024 and funded with an initial deposit of $90 no more than 14 days after account opening. Limited to one incentive per child. Existing All-Stars/Young Millionaires account holders are not eligible. After the membership has been established, email us at marketing@agfed.org with your name, your child's name, and your telephone number. Upon verification, the incentive will be paid within 30 calendar days after the account is established and funded. The incentive is considered interest and will be reported on IRS 1099-INT. This is a limited time offer. Certain conditions or restrictions may apply. AgFed reserves the right to withdraw this offer at any time without notice.
(2) APY is Annual Percentage Yield. All-Stars and Young Millionaires accounts will earn 6.00% APY on balances up to $1,000. Balances over $1,000 will earn 0.05% APY. Advertised APY of 6.00% is effective as of 4.25.2024. Dividends are compounded and credited monthly, based on the Average Daily Balance. The dividend rate is paid on the portion of the Average Daily Balance within each balance tier. Rates are set by the Credit Union and are subject to change at any time. The All-Stars savings account is only for members ages 0-12. The Young Millionaires savings account is only for members ages 13-17. Account must be opened with a minimum deposit of $5 to receive dividends. Certain conditions and restrictions may apply. Limited to one account per social security number. Click here to view the complete Share Rate/Truth in Savings disclosure.