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Youth Products

Youth Products





At Aerospace Federal Credit Union, we know youth today need help establishing the skills that will bring them a future filled with financial stability and prosperity. There is no better place to help kids and teens achieve their financial goals than with a financial institution their family members already know and trust. Explore our youth products below and discover which ones are right for your growing family!

Youth Share (Savings) Account
"Space Explorer Account"

Similar to our Regular Share Account for adults, the Space Explorer Account is the gateway to our full suite of youth products and can be established with a $5 initial deposit. Accounts are held in the name and Social Security Number of the child or teen. This account features an attractive split rate dividend tier and is open to all members under age 18. Membership includes many benefits, including an annual birthday card for the account holder.

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Free Online Financial Education

We are proud to partner with Banzai, the award-winning financial education program used by millions of teachers and students around the country. We want to help kids, teens and adults achieve financial success, so we're offering this financial literacy program totally free to our members! Access this program anywhere, anytime. Get $25 for completing a course online!*

Get Started!

*Get $25 for finishing a course! Members age 8 - 18 who open an AFCU Youth Savings Account (or have an existing AFCU Youth Savings Account) will get $25 deposited into that account when they complete the Banzai Junior or Banzai Teen Course and email a PDF or a screenshot of the Course Completion Certificate to or mail the Course Completion Certificate to AFCU c/o Marketing 2310 E. El Segundo Blvd., El Segundo, CA 90245. Junior and Teen AFCU Members age 8 - 18 only. One entry per person. Offer subject to change at any time without notice.

Satellite College Scholarships

We have one $2,500 and five $500 "Satellite Scholarships" available for graduating high school seniors entering college. Applicants must be high school seniors and AFCU members. The application deadline for the 2024 scholarship has passed.

Youth (Share Certificate) College Saver Account
"Super Nova Account"

With a low $500 minimum initial deposit, this deposit-only share certificate is the perfect account to start saving for higher education!

The certificate is subject to a rate change annually and reaches maturity at their 18th birthday.* You may make deposits anytime, as often as you'd like, as long as you meet the $200 minimum add-on deposit requirement. You may also transfer money from the Space Explorers Account to teach them the difference between long and short-term saving.

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* Dividends will post monthly on the last day of each calendar month and at maturity. Early withdrawal penalty: Paid dividends become part of the principal balance and are not available for withdrawal without a penalty during the remaining term of the Share Certificate. Withdrawal of any portion of the principal balance held in the Share Certificate may not reduce the account below the minimum balance. The penalty on the amount withdrawn will be one hundred eighty (180) days dividend or the total dividend earned to date, whichever is less. An Early Withdrawal Penalty of seven (7) days of dividends will be assessed on the amount withdrawn between the first six (6) days after the initial deposit to open the account.


Youth Share Draft (Checking)
"Galaxy Account"

A FREE checking account is available for all young adults age 12 and older, with a parent or guardian co-signer. This account comes with a debit card for convenience while shopping, and gives account holders the ability to make deposits and withdrawals at thousands of fee-free ATMs around the country. There are no monthly fees or minimum balance requirements. Plus, we pay a competitive dividend rate, provide free AeroAccess Online and Mobile Banking and the first box of checks is free!

 Rates Apply Now

Student Visa® Credit Card

With credit limits from $100 to $1,000 and a low 12.9% APR**, this is the perfect card to help establish credit and learn about money management. The AFCU Student Visa is available to young adults age 12 to 22, with a parent or guardian co-signer, and allows members with little or no credit history to qualify because we know you have to start somewhere! The AFCU Student Visa has no annual or cash advance fees.

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**APR = Annual Percentage Rate. Rates and terms subject to change without notice.

Youth Auto Loans "Launch Pads"

Auto loans are available to minors age 16 and 17. With our extremely competitive rates and low fees, AFCU loans are a smart option when looking to finance a first car purchase. Plus, these loans can help establish credit history and payment responsibilities. Click here to view the New & Used Auto Loans to view the New & Used Auto Loans available and corresponding rates.

Custodial Account

In addition to our Space Explorer account, we offer a traditional custodial account. With an approved membership application and an initial deposit of $5, an account will be established for the minor and can later be converted to a Regular Share Account after the child reaches age 18.

The Custodial Account has no investment term and has the same rate structure as our Regular Share Account product. The Regular Share Account is tiered, meaning the higher the balance the higher the dividend rate (see the rate table). Dividends are calculated from the first day of the current month up to and including the last day of the current month and are paid monthly. Also, there is no early withdrawal penalty if you withdraw funds on deposit before the end of the dividend period.

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All the benefits:

Our youth accounts share the same convenient benefits as our regular accounts:

  • AeroAccess – FREE Online and Mobile App account access to view balances and account history, send money, transfer funds, and make payments using our easy-to-use bill pay service
  • Surcharge-free access to more than 30,000 ATMs nationwide to deposit or withdraw funds, convenient for AFCU account holders who are unable to visit the branch in El Segundo
  • More than 5,600 Shared Branch locations nationwide to conduct transactions using an AFCU account
  • Call24 – 24/7 account access by phone

Aerospace Federal Credit Union does not knowingly collect personal information from children under 13 through our website or affiliated links.

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