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Youth CD Savings Account in Oneonta, NY

It’s time to start saving with SFCU’s Youth CD from our Oneonta branch. But don’t worry! Saving for your child’s future doesn’t have to be complicated. Youth CDs are a safe and secure way for young savers to grow their money. Give your kids a head start on financial success with our competitive rates while also having peace of mind.

Help Your Child Save Smart with a Youth CD in Oneonta

Youth CDs are a way to help your children save smart. They offer higher interest rates than standard savings accounts and encourage disciplined saving. Our Youth CD for Oneonta families teach long-term financial habits, like planning for future goals, while our flexible options make it simple and rewarding.

Why Choose SFCU’s Youth CD in Oneonta?

Receive Better Rates

Youth CD rates are better compared to standard savings accounts, allowing your child’s savings to grow faster.

Earn More with Less Stress

The competitive rates mean your child’s savings grow steadily, and without the risks or hidden fees, so you can have peace of mind.

Teach Financial Independence

Youth CDs help children learn account money management early and build smart habits for a stronger financial future.

Invest in Tomorrow

SFCU plants a tree for every new account, so your child’s financial growth also supports a greener, more sustainable world and it keeps your money in the local community.

Who Can Open a Youth Certificate of Deposit in Oneonta?

  • A parent or legal guardian will be needed to co-sign the account for minors. Check our specific terms and conditions.  
  • A Youth Certificate of Deposit can be opened by individuals who meet the age requirements set by Sidney Federal Credit Union.  
  • Membership with Sidney Federal Credit Union is required to open any account, including a Youth CD.

How to Open a Youth CD in Oneonta?

  • 1

    Open an account

    Open your Youth CD online or at the Oneonta branch.

  • 2

    Make initial deposit

    Deposit funds to get started.

  • 3

    Earn dividends

    Watch your child’s savings grow.

Open a Youth CD Today

Branch Location for Youth CD Oneonta Account

Sidney Federal Credit Union - Market Street Oneonta Branch

Address:53 Market Street, Oneonta, NY 13820
Lobby Hours: Monday-Friday, 9:00 AM – 4:30 PM
Drive-Thru Hours: Monday-Friday, 9:00 AM – 5:00 PM
Phone: (877) 642-7328

Sidney Federal Credit Union - Oneida Street Oneonta Branch

Address: 75 Oneida Street, Oneonta, NY 13820
Lobby Hours: Monday-Friday, 9:00 AM – 4:30 PM
Drive-Thru Hours: Monday-Friday, 9:00 AM – 5:00 PM, Saturday 9:00 AM – 12:00 PM
Phone: (877) 642-7328

Frequently Asked Questions

  • Ans: The minimum deposit required for a Youth CD is $25. Please check and discuss your account details directly with SFCU. We will answer any questions you have on the deposit requirements for this type of account.

  • Ans: At Sidney Federal Credit Union, our Youth CD offers a competitive interest rate designed to help young savers grow their money. For current rates and terms, please visit our website or contact your local Oneonta branch directly.

  • Ans: Yes, there are early withdrawal penalties to Youth CDs, similar to standard CDs. These penalties may reduce earned interest. It’s best to reach out to us directly. We can provide specific details based on your account.

  • Ans: Additional deposits cannot be made to a Youth CD after it is opened. The initial deposit secures the rate for the term. For more flexible savings options, please ask us about our youth savings accounts or contact us and let’s discuss.