Set a Strong Foundation
A Student Savings account is a great first step toward teaching solid financial skills to children of any age. From learning how to save for bigger purchases to managing a budget and seeing the power of compounding interest, the knowledge they’ll get from taking care of their own money and their own account will yield dividends for the rest of their lives.
Why starting early is crucial
When you are in your teens, time is money thanks to something called "compound interest". Compound interest is earned on your savings accounts at most financial institutions. This means your money has the ability to start making you more and more because you’re earning interest on previously earned interest. It's a snowball effect that builds and builds. The earlier you get started, the more your money can grow.
Ready to get started?
To open a Student Savings account, stop by one of our eight convenient branches, call us at 206.398.5500 or toll-free at 800.334.2489, or fill out the form below to get started.
Not a member yet?
Current Rates
| Student Savings: | 0.05% APY* |
|---|---|
| Coverdell ESA: | 0.20%-3.10% APY* |
*APR Effective as of May 4, 2023. See disclosures for complete details here.
What our members say
Larissa L.
Thank you Seattle Credit Union for being so wonderful. We so made the right decision switching over to you.
Robert M.
This is the best credit union. Fast, friendly, and very knowledgeable.
Stefani S.
Good credit union that is both personable and professional. Their rates are really good and they have a mobile app that is very helpful.
Sean M.
Never had any issues with Seattle Credit Union, and everyone at the Lynnwood branch are always professional and helpful.
Llamanos
Por favor llame al 206.398.5594 para comunicarse con nuestros representantes que hablan Español a fin de obtener detalles o si tiene preguntas.
By Phone
Our friendly member representatives are happy to answer any questions about our products or the opening process. Call 206.398.5500 to get started.
Online
When you are ready to open an account, head over to our online application. Answer a few short questions, hit submit, and you’ll usually have an answer in just a few minutes.
In Person
Stop by any of our branches to talk with our helpful member representatives. They can help you figure out which product is right for you and get your accounts opened quickly.