Altra’s Routing #: 291881216
Youth

Youth Certificates

Grow Up Youth Certificate

Get your money to grow up as fast as your kids!

Earn 4.00 APY*

  • Available to members ages 0-12
  • Minimum $100 deposit required
  • Term will vary because certificate maturity date is the child’s 13th birthday
  • Add to at any time up to the limit of $2,000
*APY=Annual Percentage Yield. One Grow Up Youth Certificate per Altra member, member must be age 0-12. Cannot be opened as an UTMA account.  Penalty of 100% of earned dividends will be imposed for withdrawal before child’s 13th birthday. Certificate must be in the child’s name and can be added to at any time up to the limit of $2,000. Account must be opened with a minimum of $100.  Account may be opened online with an initial funding limit of $2,000. Contact Altra for complete details. Additional Youth Certificates that earn Altra’s published Certificate rates can be set up under the Uniform Transfer to Minors Act (UTMA) with no maximum.

Graduation Youth Certificate

Another reason to throw your hat and celebrate!

Earn 5.00 APY**

  • Available to members ages 13-17
  • Minimum $100 deposit required
  • Matures on 18th birthday
  • May be opened in the child’s name only
  • Add to at any time up to the limit of $4,000
*APY=Annual Percentage Yield. One Graduation Youth Certificate per Altra member, member must be age 13-17. Cannot be opened as an UTMA account.  Penalty of 100% of earned dividends will be imposed for withdrawal before child’s 18th birthday. Certificate can only be in the child’s name and can be added to at any time up to the limit of $4,000.  Account must be opened with a minimum of $100.  Account may be opened online with an initial funding limit of $2,500.  Contact Altra for complete details. Additional Youth Certificates that earn Altra’s published Certificate rates can be set up under the Uniform Transfer to Minors Act (UTMA) with no maximum.

Youth Certificate Calculator

Certificate:
Rate:
Child's Birth Date(MM/DD/YYYY):
Certificate Open Date(MM/DD/YYYY):
Starting Amount(min. $100):
Certificate Contributions:
Altra Federal Credit Union makes no guarantee as to the accuracy of any calculators found on its website or links to calculators found on other web sites.  Altra accepts no liability for any loss or inconvenience arising from the use of these calculators.   All calculators are provided for your convenience and are for informational purposes only.  The information is provided as is and may be subject to revision without notice.  The calculators do not guarantee the availability of any particular product or interest rate.  

The youth certificate calculator is designed to be an approximation using information you provide and is not an exact calculation.  The accuracy of this calculator and its applicability to your circumstances is not guaranteed and actual results may differ.  This calculator is meant to be a tool to help determine savings potential with variable conditions.  The Grow Up certificate will calculate with a maximum deposit of $2,000; the Graduation certificate will calculate with a maximum deposit of $4,000.  Some locations may offer different maximum deposit amounts.  See Altra for complete details.

12-Month Youth Certificate

  • Available to members under age 18
  • Minimum $250 balance required
  • Add to Youth Certificate at any time
  • Receive the same rates as $1,000 minimum balance certificate

Deposit Insurance

Your savings at Altra are federally insured to $250,000 with IRA accounts insured separately for an additional $250,000. The National Credit Union Share Insurance Fund (NCUSIF), is a federal fund backed by the full faith and credit of the United States Government.