CORE Youth Accounts

Teaching children about money management can be a valuable lesson that will help them make smart financial decisions throughout their lives. By learning about budgeting, saving, and investing at a young age, children can avoid common financial pitfalls like debt and overspending.

Cornerstone’s CORE Youth Accounts (and a little help from parents) can teach them to save consistently, spend wisely, and give back to the community. Cornerstone has account options for every age, from cradle to college.
 

Receive $25* with a new CORE Youth Account

As kids and teens grow, so do their account options. From saving their allowance to buying their first car, CCF is in their corner every step of the way. See below for detailed account options.

*Offer subject to change at any time. The $25 cash deposit will be deposited into the CORE Youth Account as a dividend payment within 30 days of account opening. Account must be in good standing (no negative balance) to receive match. One account per SSN. $10 deposit required for membership. A 1099-INT will be issued for dividend bonus payment.

CORE KID (Ages 0-12)
Put a credit union in their corner from day one with a CORE Youth Savings account.


Fun Rewards:

  • Birthday Gifts: CORE Kids receive a gift in the mail during their birthday month.
  • Savings Punch Card: Every deposit earns a punch, every 10th punch earns a reward, up to 3x per year.
  • Good Grade Rewards: Get an A or B on a report card? CORE members can bring in their report cards to any CCF branch to receive two (2) entries for A's and one (1) entry for B's.
  • Zogo: Get paid to get your financial learn on - with Zogo! This mobile app makes financial education engaging and entertaining.

Free Services:

  • Coin Counting: If they save ‘em, we’ll count ‘em. Automatic coin-counting machines are available at every branch.
  • Free mobile banking with the Cornerstone app
In addition to getting all the fun rewards and free services available to CORE Kid members, CORE Teens can take advantage of these benefits:

  • CORE Reward Checking: Starting at age 13, teens can learn to use a debit card, pay bills and manage funds while earning 2.02% APY* (up to $25 per month) on their deposits. All with no minimum balance or monthly fees. 
  • As a joint account holder, parents/guardians are able to see everything that goes on in the account, as well as set age-appropriate limits on spending and withdrawals.
    • Your teen can stack the savings with Rewards Checking and CCF's Round-Up Rewards program! 
    • With CCF's mobile banking app, you can track your teen’s spending, tag/comment on purchases and share receipts.
*APY = Annual Percentage Yield effective as of October 1st, 2023. Balances up to $15,000 receive APY of 2.02%. If qualifications are not met no dividends will be earned. View full Membership Agreement for full disclosure.
High Yield Savings Account Options

Youth High-Yield Savings Account (HYSA)

  • Available for members 0-17 years old
  • Earn 3.15% APY* on balances up to $1,000
  • Balance transfers to the Young Adult High-Yield Savings Account at age 18
 

1: APY is Annual Percentage Rate. Available to members ages 0-17. Standard APY of .05% applies to the balance in excess of $1,000. Rates subject to change and are accurate as of 7/1/2023. Account will convert to a CORE Young Adult High-Yield Savings Account at age 18. Fees could reduce earnings on the account.

 
Free Financial Education!


By starting early and providing a strong foundation in financial literacy, children can develop healthy financial habits that will benefit them for the rest of their lives. 

Start Learning



Core youth account logo

$100 Quarterly Giveaways

Each quarter, CCF will award $100 cash to one CORE Kid and one  CORE Teen. All throughout the year, CORE members have plenty of opportunities to earn entries to win.

HOW TO EARN ENTRIES:

  • Taking EverFi courses: For each financial education course completed, CORE members receive one entry.
  • Good Grade Rewards: Get an A or B on a report card? CORE members can bring in their report cards to any CCF branch to receive two (2) entries for A's and one (1) entry for B's.
  • Volunteer in the Community: Core Members can receive one entry for every hour they volunteered.
  • Every CORE member receives two free entries in their welcome packet.
ROLL YOUR ENTRIES OVER EACH QUARTER
You can win once per year, and entries roll over from quarter to quarter. If you don’t win, you have more and more chances to win each quarter.
 
Entry forms are available at every Cornerstone branch. 








Community Champion Scholarship Program

The CCF Community Champion Scholarship Program was created to provide financial support to student members with demonstrated financial need who achieve academic excellence and contribute to the community in which they live.

CCF will award one $2,500 scholarship, one $1,500 scholarship and one $1,000 scholarship for each school year to qualified applicants.

  • Applicants must have a CCF account in good standing, having joined CCF by April 30.
  • Applicants must be a graduating high school senior or an undergraduate student enrolled in an accredited Michigan or Ohio junior college, college, university or trade school.
  • Applicants must be U.S. citizens or permanent resident alien cardholders.
  • Applicants who are high school seniors must have a minimum 3.0 grade point average. Applicants who are college students must have a cumulative 2.7 grade point average.