# Everence Federal Credit Union Youth Savings: 5.00% APY

Canonical: https://dealaka.com/offers/everence-federal-credit-union-youth-savings-rate

- Status: Limited reports
- Bonus: 5.00% APY
- APY: 5.00% (ongoing APY for first $1,000, then 0.15%)
- Requirement: $5 minimum, account for members under age 18
- Expires: no published end date
- Availability: Nationwide
- Institution: Everence Federal Credit Union
- Verified: Aug 9, 2026 against everence.com
- Field reports: 0

## Summary
Youth Savings earns 5.00% APY on the first $1,000 in the account and 0.15% APY on balances above $1,000. This special account encourages thrift and fiscal responsibility for young people under age 18. The account converts to a regular savings account when the member reaches age 18.

## Requirements
1. Apply through the offer page to open the Youth Savings.
2. Complete the requirement: $5 minimum, account for members under age 18.

## Fine print that matters
- 5.00% annual percentage yield (apy) applies to first $1,000 on deposit; 0.15% apy applies to remaining balance above $1,000
- APYs may change without notice
- Fees may reduce earnings
- Limited to an individual account - one per tax id under age 18

## Sources
- everence.com rate page <https://www.everence.com/banking/personal-checking-and-savings/youth-savings> (checked Aug 9, 2026)

_This entry is reference information, not financial advice. Confirm current terms on the institution's site before you apply._