Due to inclement weather, all branches will be closed Wednesday, February 1. Branches will reopen at 11:00 a.m. on Thursday, February 2. The Member Service Center will be available normal hours. Digital banking, the LSCU app, and the LSCU Cards app are available 24/7. 

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Youth Accounts

Teaching your children money management is a careful balancing act. You need to give them the tools to learn budgeting and saving, as well as prepare them for an increasingly cashless world with the experience of using a debit card. At the same time, you don't want them to incur any steep fees or tank their financial future before it truly begins. We offer several options to kick start your child's financial education from preschool through high school graduation.

These financial tools help teens learn real-world money management skills that will last a lifetime.

Lone Star Ranger Savings | Ages 0-12

This is the modern version of a piggy bank and a great way to develop excellent savings habits at an early age. Use a Ranger Savings help teach your child that not only are savings accounts safer than storing cash under the bed, but he or she will actually get paid interest to keep his or her money there.

  • Ages 12 and under
  • $25 minimum deposit
  • Earns a higher rate than our Regular Savings Account
FREEdom Checking

We are able to offer our FREEdom Checking to teens. This account features no monthly fees or minimum balance, a free Visa Debit Card, and access to more than 55,000 fee-free ATMs nationwide. 


Youth CDs | Ages 0-17

Certificates of Deposit help you save by putting a set amount of money aside for a specific amount of time ( also referred to as a term). While your savings is tucked away, it's actually earning you money at a higher rate than a regular savings account. Our Youth CD also allows you to make deposits at any time.

  • Ages 17 and under
  • $100 minimum deposit
  • Earns paid dividends
  • Terms range from 1 year (12 months) to 5 years (60 months).
Coverdell Education Savings Account (ESA) | Ages 0-18

Coverdell ESAs are a great way to save for your child's higher-education expenses. Unlike section 529 savings plans, Coverdell ESAs can also be used for elementary and high school expenses at most public, private, and parochial schools. You are eligible to contribute to your child's ESA if your modified adjusted gross income (MAGI)* is less than the limits set by congress.

  • Up to $2,000 in contributions per year per child
  • Contributions allowed until age 18
  • Contributions are not tax-deductible
  • Funds are transferable to a sibling's Coverdell ESA
  • Tax-free withdrawals for qualified education expenses:
    • tuition & fees
    • books
    • computer & technology equipment

Tax-free distributions can be received in same year Lifetime Learning or HOPE Scholarship tax credits are claimed. Non-qualified withdrawals are subject to penalties.

*Contribution and deductible limits change frequently. Please consult your tax professional regarding your individual circumstances.

Traditional IRAs, Roth IRAs, and Coverdell ESAs are provided through CUNA Mutual Group. This information is not intended as tax advice. Please consult a tax professional. 014-0045-0107 ©CUNA Mutual Group