Youth Accounts
Get access to your money and learn how to save.
Giving our city’s youth access to responsible, fair banking.
We want to ensure that all of our city’s youth gain from the opportunity of being banked, so you can have easy access to your summer pay and benefit from being able to save.
Build skills you’ll use for a lifetime.
DC Credit Union was the only bank that would let me open an account with my DC One card. Having a DC Credit Union checking and savings account has allowed me to save money.
”Marion S. Barry Summer Youth Employment Program
Through a partnership with Bank on DC, we offer checking and savings accounts to youths participating in MBSYEP. Along with direct deposit and financial coaching, DC Credit Union’s safe, free accounts offer young people a way to build money management habits that will serve them a lifetime.
We offer two types of accounts for program participants:
- Individual accounts with access restricted to ATM and point of sale purchases
- Joint accounts with a parent or guardian that have access to a full suite of banking services, including debit card access.
Youth accounts include:
- Savings account
- No overdraft privileges
- No monthly or usage fees
- Free online banking
- Access to over 150 free ATMs in the metro area
Under 18 years old and opening an individual account? Or opening a joint account with a parent or guardian?
Join online here
18-24 years old and opening an account?
Join online here
Enter the Super Saver Program
- While you’re working for the summer, take the pledge to save money and have a chance to win $1,000!
- Take the pledge saying you’ll save money.
- Set up your savings goal and set money aside every paycheck to meet your goal.
- When we see you’ve set your goal and are saving, you’ll be entered into a drawing to win $1,000 deposited directly into your account.
- Winners are announced at the end of the summer.
Regular Youth Accounts
Not part of the Summer Youth program? We still have an account for you! If you’re under the age of 16, we offer custodial Youth Accounts with the following features:
- Checking account with Debit card
- Savings account
- No overdraft privileges
- No monthly or usage fees
- Free online banking
- Access to over 150 free ATMs in the metro area
- Join with a parent or guardian
Ready to join?
Apply online
Enjoy 24/7 access with online banking
With our It’sMe247 online banking, you can easily access your accounts from wherever you are, when you need it. Transfer funds, deposit checks with your smartphone, pay bills online, and more.
Direct Deposit
Have your paychecks deposited directly into your DC Credit Union account. It’s secure, easy and fast. Set it up with whoever issues your check. Our routing number is 254074455.
Get the answers you’re looking for
The youth participant will need to provide a birth certificate, driver’s license or permit, school ID, DC ONE card, passport, or military ID. If there is a joint owner, we’ll also ask the adult to provide two forms of ID.
No, they are available to any young person looking for an easy, affordable and safe place to bank!
Yes, though our hope is that to help you save for your children’s future. Please talk to us about your cash needs before dipping into your kids’ savings. We can help you think through your options.
As soon as possible. If you’re over 60, take advantage of your Diamond Dividends to get even higher rates for your grandkids.