Youth Accounts

Savings Quest and MyFi Accounts for Young Credit Union Members

Savings Quest (ages 0-12) and MyFi Savings Account (ages 13-22)
Personal finance and money management are essential skills to teach your son or daughter at an early age. At Members CU, you can focus on financial education as early as elementary school by opening a Savings Quest Account, the account that grows with you. It only takes $5 to open, and there is no minimum balance requirement.

At age 13, the account becomes a MyFi Savings Account and qualifies for an ATM Card (Cosigner required). Teach your son or daughter about their credit union account by helping them make deposits, withdraw money and look up their account information using MEMCU Online banking. Both accounts earn the same dividend rate as a Members CU Regular Savings Account.


  • Only $5 opens an account
  • No minimum balance required
  • Dividend paid with average daily balance of $25
  • Eligible for Members CU Cash Card at age 13
  • Parent or guardian joint on account until age 18

MyFi Checking Account (ages 16-22)
Managing a personal Checking Account is an excellent way for a teenager or young adult to prepare for the future. It teaches financial responsibility and the importance of keeping a budget. With a MyFi Checking Account, learn to manage your own money at Members CU, instead of asking the Bank of Mom and Dad for cash.


  • $25 to open
  • No minimum balance requirement
  • Parent or guardian joint on account required until age 18
  • Must be between the ages of 16-22 to open
  • No per check fee
  • Free MCU Cash Card and/or VISA Debit Card upon request
  • FREE eStatements and eBill service available (Parent or Guardian must permit MCU to grant access to these services if the member is a minor)
  • Earns same dividend rate as Regular Checking
  • Becomes a Regular Checking Account upon reaching age 23

How to Open an Account
To open a MyFi Savings, MyFi Checking, or Savings Quest Account, you must be a member. Find out about membership eligibility on our Join MCU page. If you are eligible, you can open an account online or print out a Membership Application and take it to the nearest MCU branch location. Existing members may fill out a Subsequent Action form to open new products. Call 1800-951-8000 (Monday-Friday, 8 a.m. to 5 p.m.) when you need assistance.

Need Assistance?

Call 1 (800) 951-8000

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