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Limited time offer for Students

We will start your savings with a $25 deposit!*

  • Open a new Teen Savings account between April 1 - May 31, 2025
  • Use Promo Code: STEPS2SAVINGS
  • Earn a $25 deposit*
  • Receive a free gift with account opening when opened at a branch

Check out our Savings and Checking Account Rates

View Rates

Two accounts for teens

We have two accounts available for our teen Members, both with great tech options like eStatements, 30,000 Free ATMs nationwide, and sleek Mobile and Online Banking. Our Teen Savings account helps kids get started saving and earning dividends. The Teen Checking account comes with a convenient Debit Card** with a $200 daily limit.

 

Open a Teen Account

Choose your debit card

Choose between our LBS Financial blue, CSULB Go Beach, or Long Beach City College Debit Card.

Watch Chloe’s Member Testimonial on why she loves her LBS Financial debit card!

Keep an eye on your teen’s account

Monitor your teen’s account from anywhere. Parents/legal guardians remain in control with easy access within Mobile or Online Banking. Check balances or make a transfer, all from your computer or mobile device.

Related Resources

FAQs

You will need your Teen's California State ID or school photo ID, as well as their social security number. Must be ages 13-17. Bring a minimum deposit of $7 ($1 one-time Membership fee per Member on the account and $5 minimum deposit). Parent/guardian must be a joint owner on the account and will also need to bring their government-issued ID and social security number. If parent/guardian is already a Member, you will only need a minimum of $6 to open the account.

Membership in the Credit Union requires a main savings account. The Teen Savings account is required and must be opened first, as it acts as the Membership account. Opening the checking account is optional.

Yes. If your youth or teen is not yet a Member (even if you are), you can open the account online. Accounts may also be opened at a branch with the parent/legal guardian present.

Yes. For our Teen Savings account, it is $5, plus a one-time membership fee of $1 (per Member on the account). For Teen Checking, there is no opening deposit and no minimum balance.

Disclosures

* Youth must be a new Member to the Credit Union. Joint Owner/parental guardian can be a Member but must have an account in good standing to qualify. Must use Promo Code: STEPS2SAVINGS at the branch or online and meet Membership eligibility and account opening requirements. $1 one-time Membership fee per Member to open the account and $5 minimum balance required at account opening. $5 minimum balance must be maintained to receive $25 credit. Teen Savings has a current dividend rate of 0.10% and an Annual Percentage Yield of 0.10%. Rates are subject to change. Parent/legal guardian must be a co-owner on account and provide school ID or California State ID and social security number (and your ID and social security number) at time of initial account opening. Free gift only for accounts opened at a branch. $25 deposit will be credited to account 30 days after account opening. Only one $25 offer per minor and for savings account only. Offer subject to change without notice. $25 credit subject to tax reporting as dividends paid on account. Cannot be combined with any other offer or promotion.

**May require qualification.