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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.

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.