SJP Federal Credit Union

Where people are worth more than money!

A Smart Start for a Lifetime of Financial Well-Being

Give your child more than a savings account — give them a welcoming introduction to a community-focused credit union that believes in investing early, building strong habits, and growing together.

Welcome to the Credit Union

Opening a Youth Savings Account at SJP Federal Credit Union is often a child’s first experience with banking — and we take that responsibility seriously.

We’re proud to welcome young members into a cooperative built on trust, shared values, and a commitment to the communities we serve. This account is designed to help kids learn, save, and grow — with parents and families alongside them every step of the way.

A Rate That Rewards Good Habits

We believe saving should be encouraged — especially at a young age.

Youth Savings Account Highlights:

  • 6.17% APY on balances up to $10,000.00*

  • Balances in excess of $10,000.00 will earn dividends at the Credit Union’s regular Money Market rate, as set forth in the current Rate Schedule.

  • Competitive rate designed to motivate consistent saving

  • Ideal for allowances, gifts, earnings, and goal-based savings

It’s a powerful way to show kids that smart financial choices really do pay off.

Investing in Our Youth, Investing in Our Future

As a not-for-profit cooperative, we exist to serve our members — not outside shareholders. That means when we invest in youth programs, education, and strong financial foundations, we’re investing in the future of our entire community.

This account reflects our belief that:

  • Financial confidence starts early

  • Education and opportunity go hand in hand

  • Strong communities are built over time

The Beginning of a Lifelong Relationship

For many families, this account is the first step in a long-term relationship with their credit union.

As young members grow, their needs evolve — and we’re here for every stage:

  • First savings account

  • First checking account

  • First loan

  • First home

It all starts here.

A Community Cooperative with Shared Values

When you bank with SJP Federal Credit Union, you’re choosing more than a financial institution.

You’re choosing:

  • Local decision-making

  • Community reinvestment

  • Member ownership

  • A cooperative model built on fairness and shared success

We’re proud to serve families who value community, responsibility, and long-term impact.

Ready to Get Started?

Opening a Youth Savings Account is easy — and it’s one of the best investments you can make in your child’s future.

*The promotional rate of 6.17% APY is paid on the first $10,000.00 on deposit in a Youth Savings Account. Balances in excess of $10,000.00 will earn dividends at the Credit Union’s regular Money Market rate, as set forth in the current Rate Schedule. APY indicates Annual Percentage Yield. There is no minimum balance required to earn dividends on a Youth Savings Account. Dividends are paid monthly. Rates shown are current as of December 23, 2025, and are subject to change at any time. Please call the Credit Union at 716-833-9670 for current rates.