Early Savers Membership

Growing Smarter, Saving Sooner.

At Towpath Credit Union, we believe good money habits start young—and we’re here to help guide the way.

Our Early Savers Membership is designed just for kids under 18 and follows the Ohio Transfers to Minors Act. A parent or trusted adult acts as custodian, helping manage the account until the child reaches an age (between 18 and 25) that the custodian chooses for full ownership.

But this isn’t just a savings account. It’s the first step in building a brighter financial future.

Why Choose Early Savers?

  • When you open an Early Savers account, you’re doing more than just starting a savings journey—you’re making a difference. A portion of each new youth account goes to support local causes like Akron Children’s Hospital through our DREAM Committee’s community fundraising initiatives. Learn more about the Towpath CU DREAM Committee here.

  • Kids learn the value of saving with real money in their name—while parents retain control and guide responsible habits.

  • From fun, gamified savings challenges to workshops for parents, we make financial literacy easy, engaging, and age appropriate.

  • For every ‘A’ on a report card, we’ll celebrate with a reward, coupons, and free treats - because good grades deserve a bonus!

  • Look for us at local school programs, youth workshops, and family events. We’re not just a credit union—we’re your neighbors, your supporters, and your partners in helping the next generation thrive.

Have an event or program you’d like Towpath CU to join or support? Email your detailed request to communitydevelopment@towpathcu.com.

Teen Membership Savings and Checking

Your Teen’s First Step Toward Financial Independence

The Teen Membership at Towpath Credit Union is more than just a bank account—it’s a launchpad for smart money habits, real-world experience, and financial confidence.

Designed for Members ages 15 and up, this joint account is built to help teens learn how to manage their own money with the guidance of a trusted adult.

Whether it’s for paychecks from a part-time job, saving for a first car, or budgeting for future plans, the Teen Membership makes it easy (and safe) to start building strong financial foundations early.

What’s Included?

  • Teens learn financial responsibility with the safety net of a parent or guardian as a joint signer.

  • Every Teen Membership begins with a Towpath Savings Account, perfect for setting goals and building smart saving habits.

  • At the request of the adult signer, teens can add a checking account and debit card to learn how to manage everyday spending and track transactions in real time.

  • We offer age-appropriate resources to help teens understand budgeting, saving, spending, and even how credit works—preparing them for life beyond high school.

Why Start Now?

  • Teens can experience real financial responsibility—with the guidance and oversight of a trusted adult.

  • Establishing Membership now helps pave the way for future services like auto loans, student loans, and credit-building opportunities.

  • With mobile banking, account alerts, and tools tailored for young Members, your teen’s money is always within reach and under control.