Kids Can Join, Too!
There is no minimum age requirement for membership in D.C. Teachers
Federal Credit Union. If you're eligible to join our credit union,
so are your children, grandchildren and stepchildren, no matter
what their ages.
Ordinarily, one must open a DCTFCU share account with
an initial deposit of at least $100, along with a $5 membership
fee, to become a DCTFCU member. For those under 18, however, there's
no fee and the minimum deposit is a "kid-friendly" $5.
They then have until they're 18 to deposit $100. Once a young person
has opened his or her account, he or she can then make withdrawals
and deposits and earn dividends, the same as any other Regular Share
It's easy enough for a child to learn to spend
money. A DCTFCU share account can help them learn to save it.
our current rates.
To open a Youth Savings Account, print out this application
for membership and submit it with your initial deposit of at
least $5. Return it to the credit union in person or by mail. Be
sure to indicate the family relationship that makes you eligible
Use our College
Savings Calculator to find out whether you're saving enough
for your child's college education.
Use our Savings
Calculator to find out what your dividend earnings will be over
a specified period of time or the amount you have to deposit today
to have a targeted amount in the future.
Account Terms, Disclosures