Why Young Adults Should Start with Youth Checking and Savings Accounts at OUR Credit Union

At OUR Credit Union, we believe that early financial education is one of the most powerful tools a young person can have. Helping young adults and teens take control of their financial future through practical experience, easy-to-use tools, and supportive resources is at the heart of what we do. With over six decades of service in Michigan, OUR Credit Union is committed to guiding members toward lifelong financial wellness.

Whether you're a teen preparing for independence, a college student managing your first job, or a parent helping your child get started, opening a youth checking account at OUR Credit Union and a teen savings account is a smart and empowering decision.

Creating the Path to Financial Independence in Early Adulthood

Financial independence does not begin in your mid-twenties. It starts the first time you set a budget, track your spending, or save for something important. A checking and savings account designed specifically for young adults provides that critical starting point.

With our youth checking account at OUR Credit Union, there are no monthly fees or minimum balance requirements. This low-risk structure makes it ideal for teens and young adults who are just learning to manage their money. It removes the worry of unexpected charges and allows them to focus on understanding the basics of financial responsibility.

Having access to a teen savings account and a checking account early on teaches young members how to handle income from part-time jobs, monitor their spending, and set money aside for future goals. By the time they reach their early 20s, they already have the habits, tools, and confidence needed to operate independently. This foundation paves the way for financial independence and reduces the likelihood of costly mistakes later on.

Banking Features That Support a Mobile Lifestyle

Young adults today are digital-first, and their financial tools should reflect that. At OUR Credit Union, we offer convenient, tech-friendly banking through Our CU Online and the +1 mobile app. These platforms are designed with young users in mind, offering an intuitive experience that puts account access and financial management in the palm of their hand.

Members can check their balances, transfer funds, deposit checks, and set up alerts on their mobile devices. This kind of real-time banking keeps young people engaged and aware of their spending habits. For parents, it provides peace of mind knowing their child can manage their money securely and responsibly, even from a distance.

Teens and young adults also benefit from using tools like mobile budgeting features and spending insights. These encourage thoughtful money management and help them align their habits with their goals. Whether they're saving for a car, school expenses, or a trip with friends, they have the resources to plan and track their progress on the go.

The Educational Value of a Youth Checking and Teen Savings Account

Financial literacy is often overlooked in traditional education, but it is a vital life skill. OUR Credit Union takes a proactive approach to teaching young members how to use money wisely. When a young person opens a teen savings account or youth checking account at OUR Credit Union, they also gain access to our Financial Library.

This resource is designed to educate teens and young adults on topics like credit, budgeting, saving, borrowing, and investing. It turns the everyday use of their accounts into a practical learning experience. The more they use their accounts, the more opportunities they have to understand how money works.

We also offer scholarship opportunities that are directly tied to youth account membership. These opportunities not only reward academic and community achievements, they also reinforce the idea that financial knowledge and responsibility can open real-world doors. By linking savings and checking accounts to educational growth, we encourage young people to stay engaged with their finances in meaningful ways.

A Community-Driven Approach to Youth Banking

Since 1959, OUR Credit Union has proudly served individuals, families, and businesses throughout Michigan. Our commitment to diversity, equity, and inclusion is reflected in every account we offer, every member we support, and every young person we help guide toward a successful future.

Our Oakey Dokey Kids Club introduces money management to children in a way that is fun and age-appropriate. As they grow, they transition seamlessly into our Teen Checking account, where they continue to learn through real-world banking experiences. With the support of our staff and digital tools, they’re never alone in navigating their finances.

All of our locations offer walk-up ATMs, night drop boxes, and self-serve coin machines. We are part of a shared branching network, which gives members access to their accounts across the country. This flexibility is perfect for college students or young adults who are moving, traveling, or working in new cities. They maintain access to their trusted accounts while gaining the independence they need.

Long-Term Benefits of Starting Early

Establishing a relationship with a credit union early in life brings long-term rewards. When a teen or young adult opens a youth checking account at OUR Credit Union, they are not just opening an account, they are starting a financial journey with a partner that values their growth.

As young members become adults, they have the opportunity to explore other financial services with OUR Credit Union, such as auto loans, credit cards, and financial planning tools. Because they already know how to manage a checking and savings account, they are better equipped to handle more complex financial products with confidence.

Additionally, young adults who grow up banking with a credit union often experience higher levels of trust and satisfaction with their financial institution. They’re more likely to continue banking with OUR Credit Union because of the positive experiences and relationships built over time.

Conclusion

Helping teens and young adults open their first accounts is one of the most impactful things we do at OUR Credit Union. It’s more than a transaction. It’s a commitment to their future. With no fees, no minimum balances, mobile access, financial education, and community support, our youth accounts offer everything a young person needs to succeed financially.

Starting early makes all the difference. A youth checking account at OUR Credit Union, paired with a teen savings account, gives young people the confidence and tools they need to become financially independent, responsible, and prepared for whatever lies ahead. Our mission is to support members every step of the way, and we are honored to play a role in shaping the next generation’s financial journey.

Need a Credit Union in Michigan?

OUR Credit Union has provided financial services to individuals, families, and businesses within our community since 1959. We are committed to fostering, cultivating, and preserving a culture of diversity, equity, and inclusion. Our individual backgrounds, experiences, and opinions make each of us unique and we support and recognize these individual differences in our staff, membership, community, and partnerships. Our mission is to help our members meet their financial goals while striving to exceed expectations with each interaction. Contact us or come visit us today!