Best for Deposit Rates
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No requirements
Kid's don't have direct deposits, we don't need one either.
Award-winning rates
Say goodbye to that 0.01% APY* you're getting at your current bank. And hello to Vibrant.
No hidden fees
With Vibrant, you'll never be surprised by monthly fees or subscription fees.
Meet the savings account that grows with them.
Preferred Savings Account
4.00% APY* on balances up to $14,999
Whether it’s allowance, birthday money, or savings for a first big goal, this account is designed for the moments kids start learning what money can do. Preferred Savings gives families a simple place to deposit those dollars, watch them grow, and build good habits along the way.
Here's how it works:
01
Make an appointment to come see us or walk into one of our branches to speak with a banker.
Or give us a call at 800-323-5109.
Find your closest branch location here.
02
Make sure you have:
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Your ID (ensure your address is accurate)
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Your child's SSN or student ID.
If you address it outdated on your ID, bring proof of address with you in the form of a: bank statement, utility bill, or paystub. You only need one.
03
You can bring funds with you to deposit in our ITM post your appointment or move the money from another financial institution.
If you are moving from another institution, first make sure you are an owner of the account or an authorized user. Then grab the full account number to bring with.
Savings account rates
Average Daily Balance | Membership Savings | Everyday Savings | Preferred Savings | Premier Savings | Elite Savings |
|---|---|---|---|---|---|
APY* | APY* | APY* | APY* | APY* | |
$1,000,000+ | 0.05% | 1.75% | 0.75% – 4.00% | 3.25% | 4.25% |
$250,000 - $999,999 | 0.05% | 1.75% | 0.75% – 4.00% | 3.25% | 4.00% |
$100,000 - $249,999 | 0.05% | 1.75% | 0.75% – 4.00% | 3.25% | 3.75% |
$25,000 - $99,999 | 0.05% | 1.75% | 0.75% – 4.00% | 3.25% | 0.50% |
$15,000 - $24,999 | 0.05% | 1.25% | 0.75% – 4.00% | 0.10% | 0.50% |
$10,000 - $14,999 | 0.05% | 1.25% | 4.00% | 0.10% | 0.50% |
$100 - $9,999 | 0.05% | 0.10% | 4.00% | 0.10% | 0.50% |
$0 - $99 | 0.00% | 0.10% | 4.00% | 0.10% | 0.50% |
*APY = "Annual Percentage Yield." APYs accurate as of November 14, 2025. Rates subject to change without notice. $5 Membership Share account required. Federally insured by NCUA.
Everyday Savings, Premier Savings, and Elite Savings accounts are tiered accounts; if the account balance falls within the range for a particular tier, the dividend rate and APY for that tier will apply to the entire balance in the account.
Preferred Savings is a tiered account; for this account, the specified Dividend Rate for a tier will apply only to the portion of the account balance that is within that tier. Limit of one Preferred Savings account per member.
Ready to earn more on your money? Open a savings account.
The closest branch is as near as your phone
Frequently asked questions
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Your photo ID (with current address)
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Your child’s SSN (or student ID if available)
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If your ID address is outdated: proof of address (utility bill, bank statement, paystub, lease, etc.)
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If transferring funds: confirm you’re authorized and bring the full account number
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Nope. Your child does not need to be here. A parent or legal guardian can open the account on their behalf.
No problem. You’ll still need your ID, plus proof of address, such as:
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Utility bill
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Bank statement
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Lease agreement
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Paystub
(Any official document showing your current address works.
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Yes, there should be at least one deposit or some activity once per year to keep the account active.
Yes! If you’re transferring money from another institution:
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Make sure you are an owner or authorized signer on the account the funds are coming from
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Have the full account number ready
If you have your Vibrant account number, we can typically ACH the funds over in 1–2 business days.
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If you want to ensure you have a spot, we recommend you do! Click here to get started.