Kid & Teen Accounts
Our Kid and Teen Accounts mean we have something for even our youngest members! From starting them off young with Youth Savings at birth, to teaching them financial responsibility with a Teen Checking, we have the solutions to help your family thrive financially.
Youth Account (UTMA)
Help your child take the first steps toward their financial future by opening a Youth Savings Account, AKA UTMA, exclusively for ages 17 and younger.
What you need to know:
Only $5.00 minimum initial deposit
For ages 17 and younger
Earns monthly compounded dividends
Eligible for a $1,000.00 Scholarship Award
No service fee or minimum balance required
A great alternative to a trust fund account
Babies On Us
CSE’s Babies on Us Program will get your baby’s savings account started by depositing the initial $5.00 opening deposit. Babies from birth to 12 months of age are eligible!
Please call (337) 477-2000 or visit a CSE branch for more details on UTMA accounts.
Teen Savings
Unlike a Youth Savings Account, an adult isn't needed to open the account. In fact, the account is completely accessible by the teen while still allowing an adult to monitor all transactions.
What you need to know:
Minimum opening deposit of $5.00
For anyone between 10 and 17 years of age
Account will automatically be switched to a regular share account once the Member reaches 18 years of age
No monthly service fee
Eligible for a $1,000.00 Scholarship Award
Must hold a minimum balance of $5.00 to earn dividends
Must have a teen's social security card present to open an account
Teen Checking
Start your teenagers on the road to financial responsibility with a Teen Checking Account.
Benefits:
Only $50.00 minimum initial deposit
Access your account anytime and anywhere with CSE Online and Mobile Banking
Every day money management responsibility
Set spending limits with Card Management within the CSE MOBiLE App
No monthly service fee or minimum balance required
Overdraft transfer services*
Teen checking is available for ages 10-17. Parent who is a CSE Member in good standing must sign on the new account. Must present teen's soical security card to open account. Once the teen turns 18 years of age, CSE will convert the Teen Checking to a Basic Checking account.