Minor Account

 

A shares account opened for a minor must be jointly held with an individual who has reached the age of majority, e.g., a parent or a guardian. 

 

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Rates

ProductDividend RateAnnual Percentage Yield
Share Savings Accounts3.25%3.30%

Annual Percentage Yield is accurate as of April 1, 2024.

Dividends are compounded DAILY and declared at the beginning of each month and are credited and posted on the last day of the month.

Share rates are subject to change monthly (such change to be effective on the first day of each month) to reflect any changes as declared by the Board of Directors of the State Farm Credit Union during the month preceding any such change.

Features & Benefits

  • Competitive rates means better returns over time
  • Promotes financial literacy and healthy saving habits at an early age

  • SFFCU Young Savers Program helps establish savings plans early in life by funding the initial $5 share deposit when a minor account is opened for child under the age of 12 months

 

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Why choose SFFCU?

Get these benefits when you save with us.

Great Rates
We offer the same competitive rates regardless of the balance.
24-Hour Access
Online & mobile banking give you access to your accounts anytime, anywhere.
Convenience
Payroll deduction makes saving automatic.
Personalized Service
We care! State Farm employees helping fellow State Farm associates.
Security
Shares are secured by the NCUA.
Achieve Financial Goals
Multiple share savings account options help meet your savings needs.