UTMA Youth Account

What is it?

A UTMA share is a custodial savings account that allows funds to be put under a child’s name and tax number, with the added security of having a custodian on the account until the child turns 21 years old. At that point, the account becomes a Share Savings Account under the child’s name. With a UTMA savings, you can easily help your kids save money and teach them good financial management.


What does it come with?

For kids under the age of 14, we offer the Kirby Kangaroo Club to encourage savings through games and quarterly newsletters. The club includes:

Kirby Kangaroo Club
  • Kirby Credits as rewards for making branch deposits
  • Prizes that can be traded for your Kirby Credits
  • Quarterly Kirby Newsletters with statements
  • Kirby Website with games and activities
  • Club events and contests throughout the year


How do I get one?

UTMA Custodial Accounts: Can be opened at a branch for any minor with an accompanying parent or guardian co-owner. Along with an account application, we’ll need a copy of the minor’s social security card, a copy of  a parent or guardian’s ID, and a $5 deposit.


Kirby Kangaroo Club: Just let a Member Service Representative know you want your account to be a Kirby Account! We’ll send you quarterly newsletters with activities and contests going on at FFCU