JFCU logo

Open Their Eyes to a Credit Union

Refer the child in your life for Membership, and we'll give them a $25 Welcome Bonus to kickstart their Young Savers Account.*

Plus, you’ll receive a $25 Referral Reward for putting them on the path to financial success.*


Establish Membership for the child in your life using our fast and secure online application in minutes.
At the end of the application, enter your First Name, Last Name and Zip Code as the referring Member.
Once Membership is established via a $5 deposit into the Young Savers account, they will receive their $25 Welcome Bonus and you will receive your $25 Referral Reward.

Your referral will need to meet eligibility requirements to join Justice Federal

youth savings
Why Your Child Should Have a Savings Account
By Justice Federal

Kids today are growing up with more access to financial products than ever before. From mobile apps and wallets to debit cards and specialty accounts, they have so many options when it comes to managing their money. One of the best ways to teach your kids about responsible money management is by opening a savings account in their name and helping them learn the basics of smart saving habits. Let’s take a look at why it can be a good idea to open a savings account for your child.



Young Savers Account

It’s never too early to start your child on the path to financial success. With a Young Savers Account*, your child can start saving for their future while learning money management skills. As a parent, you can make transfers to your child’s account with ease through Digital Banking. Don’t stop there! Take an active role in teaching your child about dividends, compound interest, making deposits or withdrawals, and checking the balance.

Benefits of Young Savers

  • chevron_right No monthly service fees
  • chevron_right No minimum account balance fees
  • chevron_right Only $5 to open and start saving
  • chevron_right Dividends are compounded and paid monthly
  • chevron_right Available to all children under 18 years old who qualify for membership

Coverdell Education Savings Account (CESA)

The Coverdell Education Savings Account was created to help parents pay for a child’s education at any level – from kindergarten through high school and beyond.

A CESA allows a maximum annual contribution of $2,000. Consider the earning potential of this account: If you contribute the maximum for a newborn child every year until the child is 18, earning an estimated average investment rate of 6.00%, the account will grow to $70,000.

Contributions to a CESA are tax-free, as are withdrawals, however, you are not able to get a tax deduction on your contributions. Consult a tax advisor for details.

school kids

Additional Savings Options

Whether your new to the savings game, or an established saver, Justice Federal has the account you are looking for. Watch your money grow.

Legal Disclaimers & Information

*Existing Member: Must be 18 years of age, in good standing, and not have caused a loss to the Credit Union to participate in the referral promotion. New Member: Must establish a Share Savings or Young Savers Account with a $5 minimum deposit and New Members age 18+ must open one additional deposit or loan product. Share Savings Annual Percentage Yield starting at 0.100%. Young Savers Annual Percentage Yield starting at 0.200%. Referral reward and “Welcome Bonus” will be disbursed within 30 days of the New Member establishing their relationship. All new accounts are subject to approval. Not all applicants may qualify for a loan. Some restrictions may apply. “Welcome Bonus” is considered interest and will be reported on IRS 1099-INT. Offer effective March 1, 2024. Justice Federal reserves the right to withdraw this offer at any time. See Representative for details.