Dinero Teens Savings
Build a firm financial foundation for your teen.
Introduce Your Teen to Finance with Advancial
Our Dinero Teens savings account establishes your teen's membership with Advancial. With competitive dividend rates and flexible account access, a Dinero savings account is the best savings account for your teen.
$5 minimum deposit to open
$100 minimum balance to earn dividends
No monthly service fee
Carl R. Young Memorial Scholarship
Every spring, Dinero Teens members who are graduating juniors or seniors are eligible to apply for a chance to win one of four $2,500 scholarships. Named in memory of our longtime board member and volunteer, Carl R. Young, our hope is that this scholarship helps Advancial's young members succeed the way that Carl helped our credit union for so many years. Carl’s dedication and commitment to Advancial and our members was a vital part of our growth and success. His wisdom and long-term perspective helped guide and shape Advancial through many transitional moments in our history, and with this scholarship we honor his contributions and his memory.
The 2026 Carl R. Young Memorial Scholarship is now accepting submissions. To apply, download and complete the instructions on the application by Monday, April 27, 2026.
More Dinero Options
Dinero Teens Visa®
Frequently Asked Questions about
Dinero Teens Savings
We also offer the Dinero Teens Program for ages 13-18, which includes a savings account, checking account and the opportunity to apply for a Dinero Visa® at age 16. An adult is required to be a joint owner of the Dinero Visa.
- Withdrawals or transfers made at the ATM
- Transactions made in person at a branch
Dinero Teens Newsletter
Dinero Teens: How Teens Can Avoid Credit Card Debt
You might not have a credit card yet, but learning how credit works before you use it is one of the smartest financial moves you can make. Credit cards can help you build credit—but only if you use them responsibly.
Dinero Teens: Why Credit Unions Often Offer Better Loan Rates
When it comes to borrowing money—whether for a car, a credit card, or school expenses—not all financial institutions work the same way. One reason credit unions often offer better loan and credit card rates is because they’re built differently than banks.
Dinero Teens: Compound Interest and the Importance of Investing Early
You don’t have to be rich—or even an adult—to start learning about investing. The earlier you understand how investing works, the more time your money has to grow. That’s a big deal, thanks to something called compound interest.
Dinero Teens: What is a Credit Score? Why Teens Should Care
A credit score is a number that shows how trustworthy you are with money. Lenders, landlords, and sometimes even employers use it to decide if they can trust you to pay back a loan, rent an apartment, or handle money responsibly. Scores usually range from 300 to 850—the higher, the better.
