Youth Savings Accounts

Helping your child build smart money habits from the very beginning

Most parents want their children to grow up confident, capable and prepared for real life. Learning how to manage money is a big part of that journey. From birthday cash to a first paycheck, those early experiences can shape lifelong habits.

CoastHills youth accounts give parents simple tools to teach saving, spending and responsibility in a safe, supportive way. Whether your child is just starting to recognize coins or preparing for independence as a teen, these accounts grow with them every step of the way.

Start building healthy habits early

Opening a savings account helps children understand that money is earned, saved and used with purpose.

Start small and grow over time

It only takes $10 to open an account1 in your child’s name. Small deposits add up and create powerful lessons.

Make saving easy for busy families

Set up automatic or one-time transfers in Mobile and Online Banking to move allowance, gift money, or savings contributions into your child’s account.

Help their money work harder

Dividends on deposits show children how saving consistently can lead to real growth.

Digital tools they’ll actually use

Mobile and Online Banking help kids and teens learn to track balances, set goals and build confidence with money.

Security parents can trust

Savings are federally insured up to $250,000 by the NCUA, and you can visit us to explore ways to increase coverage if needed.

Early Savers Shares

A powerful head start for young savers

Early Savers Shares is designed to help parents give their children an extra boost as they begin building savings habits. Available for members up to age 17, this account rewards consistency and shows kids how small amounts can grow quickly.

  • Earn a high 5.64% APY2 on balances up to $500
  • Standard dividends on balances above $500
  • Encourages consistent saving from an early age

Whether the money comes from birthdays, chores, or a first job, this account helps children see the direct benefits of saving instead of spending.

Sammy Savers

For children ages 12 and under
Sammy Savers makes it easy for parents to introduce younger children to saving1 in a fun and meaningful way.

  • Deposit allowance, gift money, or special earnings
  • Earn dividends while they learn
  • Celebrate milestones along the way

Every Sammy Saver receives a birthday card with a special gift. Bring it to a branch with a deposit of $1 or more, and we will add a $5 birthday bonus3 to their account. It is a simple way to reinforce the joy of saving year after year.

Teen Scene

For teens ages 13 to 17
As teens begin earning their own money, this account1 helps parents guide them toward smart financial decisions and independence.

  • Save income from part-time jobs
  • Practice budgeting and goal setting
  • Build confidence before adulthood

At age 16, with a parent’s consent, teens may open a Freedom Plus Checking account with a free Visa® debit card.

To qualify for a debit card, teens complete a short financial literacy course called “Understanding Your Money,” helping ensure they are prepared to use it responsibly.

1All new members must pay a $5 minimum deposit plus a $5 fee at the time of share origination which will be deposited into the CoastHills Community Foundation general fund.
2 APY= Annual Percentage Yield. Rate effective February 2, 2026. High dividend of 5.64% APY will be paid on balances up to and including $500. Base dividend of 0.05% APY will be paid on balances over $500. Available for children ages newborn to 17 years of age. Limit one Early Savers Share per membership account. Certain conditions apply. Please speak to a Member Services Officer for details.
3 $1 minimum deposit required to Sammy Savers Account within 60 days of birthday.

CoastHills Credit Union is a full-service financial institution with 11 Central Coast locations throughout Santa Barbara and San Luis Obispo counties.

Wallet-friendly rates

Count on us for great loan rates and earnings on your savings.

Early Savers Shares
as high as
5.64%
APY*
Sammy Savers & Teen Scene
as high as
0.05%
APY*
Freedom Plus Checking
as high as
0.50%
APY*
Promo Share Certificates
as high as
3.45%
APY*
*Click the rate for disclosure information. APY = Annual Percentage Yield. APR = Annual Percentage Rate.

Bank confidently

Related Calculator Related Article Online Banking Mobile Banking Membership/Join

FAQs

Your questions answered

You can find your account number by logging in to CoastHills Online or Mobile Banking. Select the account, then the Account Details drop down. From there, you'll see the ACH number, which is your 13-digit account number.

Travel notes cannot be placed over the phone. To place a note on your account, you can send a secure message in CoastHills Online Banking or visit a CoastHills branch. 

To send a secure message, log in to CoastHills Online Banking. Select Additional Services, then Secure Messaging. Underneath the search bar, you'll click New Message and complete the ticket.

For mobile, you'll select More from the bottom of your screen, then Secure Messaging. Click on New Message and complete the ticket.

The CoastHills routing number is 322270822

Your checking account number starts with 18, followed by 0's up until your reach your Member Number. For example: 180000012345 is your checking account number. 12345 is your member number.

Your savings are federally insured by the National Credit Union Administration (NCUA), to at least $250,000 and backed by the full faith and credit of the United States Government.

To learn more about federally insured savings coverage, give us a call at (805) 733-7600 or make an appointment at one of our 12 local branches.

Vehicle Loans

Travel life's highways, cruise California waters. We'll help you get out and go.

Learn More

Here to help

No matter your inquiry, give us a call at (805) 733-7600, toll-free at (800) 262-4488, or use one of our other convenient contact methods.