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Youth Accounts

A child’s first savings account can grow with them.

Parda offers youth accounts for young members to start good money management skills early in life. We also partner with Banzai to bring financial education to your entire family!

Our Youth Summer Savings Account is back! Open a Youth Account in June, July, or August and earn 10.47% APY* on the first $500 deposited! PLUS – make an in-branch deposit and pick a prize from our treasure chest! 

 

Parda Academy

Parda Academy Logo

Parda Academy, where kids can learn about the importance of saving money while having fun. Stop into your local branch to become a member of Parda Academy today!

(Ages 10 and under)

Parda University

Parda University Logo

Parda University, where teens are able to learn about starting a savings account and how to save for the future. Stop into your local branch to become a member of Parda University today!

(Ages 11 to 17)

*APY = Annual Percentage Yield. Earn 10.47% APY on balances up to $500 through August 31, 2023. Balances over $500 will earn dividends at the current share rate. Refer to our current rate schedule online, or inquire at one of our local branches. A $25 membership is required to take advantage of this great promotion. Only valid for youth account holders under the age of 18 years. Must be new money. No transfers permitted. The account balance will be transferred to a regular share account at the end of the promotional period, on August 31, 2023, or after at which time the Youth Summer Savings Account will be closed.